For Sale
$4,650,000

280 Lapeer Rd Oxford, MI 48371

High-traffic, turnkey cannabis storefront.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 3,440 sq ft turnkey cannabis provisioning center, located at 280 N Lapeer Rd, Oxford, MI 48371, presents a unique investment opportunity. Situated on a 1.034-acre lot, this 2024-built property boasts ample parking (62 spaces, including 2 handicap-accessible spaces) and high visibility on M-24 (Lapeer Road), experiencing over 28,000 cars daily. The interior layout is meticulously designed, featuring a spacious 1,554 sq ft budtending area, a 263 sq ft check-in area, and a 579 sq ft fulfillment/curbside area. Additional amenities include a janitor's closet, break room, and office space. The property is currently vacant and available for $4,650,000 under a NNN lease. This prime location serves a large metropolitan market of 1,274,395 people with an average income of $86,567, encompassing surrounding municipalities currently lacking cannabis facilities, including Rochester, Clarkston, Rochester Hills, Auburn Hills, Washington, Holly, and White Lake. This turnkey operation offers immediate potential for significant returns in a rapidly growing market. The property is a retail storefront with a net rentable area of 3,440 square feet.

Highlights

  • Turnkey cannabis provisioning center, 3,440 sq ft, on 1.03-acre lot.
  • Located at 280 N Lapeer Rd, Oxford, MI 48371, high visibility on M-24 (28,000+ cars daily).
  • Ample parking (62 spaces, including 2 handicap-accessible).
  • 2024 construction, currently vacant, $4,650,000 NNN lease.
  • Interior features 1,554 sq ft budtending area, 263 sq ft check-in, and 579 sq ft fulfillment/curbside area, plus office and break room.
  • Serves a large metropolitan market (1,274,395 people, $86,567 avg. income) with limited competition.

Property Details for 280 Lapeer Rd

Property type
Retail properties, Retail space
Square Feet
3,440 SF
Year Built
2024
Lot Size (sq. ft)
45,041 SF

Location Insight

City
Oxford
County
Oakland
State
Michigan
Latitude
42.8294913
Longitude
-83.2683552

FAQs

What type of property is this?
Retail property - High-traffic, turnkey cannabis storefront.
Where is the retail property located?
The property is located at 280 Lapeer Rd Oxford, MI.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Turnkey cannabis provisioning center, 3,440 sq ft, on 1.03-acre lot.; Located at 280 N Lapeer Rd, Oxford, MI 48371, high visibility on M-24 (28,000+ cars daily).; Ample parking (62 spaces, including 2 handicap-accessible).
How can I contact the broker?
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280 Lapeer Rd
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