Starbucks and Development Land

For Sale

590 S Lapeer Rd, Lake Orion, MI 48362

This Lake Orion property for sale is located at 590 S Lapeer Rd. The current listed sale price for Starbucks and Development Land is $2,560,000. Starbucks and Development Land is situated on a lot that is 0.99 acre in size.

Contacts

broker

Evan Lyons

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 1,100 SF
  • Lot Size 0.99 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1980
  • Date Updated Oct 26, 2024
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Highlights

  • Long History of Occupancy at site since 2000
  • 10-Year Lease Renewal with Eight Years Remaining
  • Outparcel to 1.93 Acres of Developable Land (Also Offered for Sale)
  • Investment Grade Tenant (S&P: A) | Starbucks is the #1 Coffee Retailer in the World
  • Affluent Area with Average Household Incomes of $77,000 and $93,000 within a 1 and 5-mile respectively
  • 58,000 Residents Within a 5-mile Radius

Getting around

  • 69/100

    Walk Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lake Orion, MI
  • Neighborhood Orion
  • Zip Code 48362
  • Market Detroit

Points of Interest

  • Kroger

    0.08 miles

  • Mobil

    0.19 miles

  • Admiral Petroleum

    0.26 miles

  • Shell

    0.26 miles

  • Speedway

    0.58 miles

  • BP

    2.85 miles

  • Sunoco

    3.19 miles

  • Sun Country

    5.35 miles

  • Auburn Hills, MI Supercharger

    5.37 miles

  • North Unit MTB Parking

    2.23 miles

  • Polly Ann Parking

    2.38 miles

  • Handicap Accessible Parking Only

    2.49 miles

  • Pathway Baptist Church

    3.02 miles

  • Orion Oaks County Park

    3.07 miles

  • RMHA Pool Parking Lot

    5.35 miles

  • Athletic Lot - Adams High School

    5.95 miles

  • Upper Lot - Adams High School

    5.99 miles

  • P9

    6.80 miles

  • Opa Food & Spirits

    0.05 miles

  • Taco Bell

    0.10 miles

  • McDonald's

    0.16 miles

  • Wendy's

    0.23 miles

  • KFC

    0.24 miles

  • Dunkin' Donuts

    0.25 miles

  • Forest Mexian Cantina

    0.25 miles

  • Sala Thai

    0.28 miles

  • Kruse & Muer Roadhouse

    0.30 miles

  • Rio on Main

    0.30 miles

  • Meijer Grocery

    0.69 miles

  • Kroger

    1.04 miles

  • Meijer

    4.78 miles

  • Target

    5.46 miles

  • ALDI

    5.52 miles

  • Kohl's

    5.86 miles

  • Great Lakes Crossing Outlets

    5.87 miles

  • Marshalls

    5.91 miles

  • Burlington

    5.96 miles

  • TJ Maxx

    6.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Evan Lyons

Encore Real Estate Investment Services