Map of Property

Starbucks and Development Land

590 S Lapeer Rd, Lake Orion, MI 48362

  • For Sale $2,560,000
  • Property Type Retail - Freestanding
  • Property Size 1,100 SF
  • Lot Size 0.99 Acre
  • Property Tenancy Single Tenant
  • Year Built 1980
  • Date Updated Mar 5, 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

Contacts

broker

Evan Lyons

Encore Real Estate Investment Services

(248) 702-0298

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Lake Orion, MI
  • Zip Code 48362

Points of Interest

  • Kroger

    0.08 miles

  • Mobil

    0.19 miles

  • Admiral Petroleum

    0.26 miles

  • Shell

    0.26 miles

  • Speedway

    0.56 miles

  • Mobil

    2.49 miles

  • Shell

    2.49 miles

  • BP

    2.85 miles

  • Sunoco

    3.19 miles

  • Sunoco

    3.55 miles

  • Polly Ann Parking

    2.38 miles

  • Accessible Parking

    2.49 miles

  • Pathway Baptist Church

    3.02 miles

  • Orion Oaks County Park

    3.07 miles

  • Orion Oaks County Park

    3.92 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

  • P3

    6.82 miles

  • Opa Food & Spirits

    0.05 miles

  • Taco Bell

    0.10 miles

  • Broadway Grill

    0.13 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

  • Kroger

    1.04 miles

  • Kroger

    3.94 miles

  • Kroger

    4.40 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

Frequently Asked Questions

What is the lease rate for Starbucks and Development Land?

Rental asking rate at Starbucks and Development Land is $1,280,000.00/YR.

What is the total square footage of Starbucks and Development Land?

Starbucks and Development Land totals 1,100 square feet.

When was this property built?

Starbucks and Development Land was built in 1980.

Contact Listing Broker

broker

Evan Lyons

Encore Real Estate Investment Services

(248) 702-0298