Orion Market Place

1176-1234 S Lapeer Rd.

Lake Orion,



Multi-Tenant |


50810 sq. ft.

Year Built


298 spaces

Building Size

50,810 SF

Land Size

6.82 AC



Investment Highlights

AQRE Advisors is pleased to present the opportunity to acquire a multi-tenant medical retail shopping center in Lake Orion, MI.​ The +/-50,810 square foot shopping center is 50% occupied, with major tenants including Gateway Pediatric Therapy, Michigan Institute for Interventional Pain, and Christine M.​ Saad, D.​D.​D.​, P.​C.​

The shopping center is positioned within minutes of downtown Lake Orion and provides excellent visibility from Lapeer Rd.​ which sees over 38,000 vehicles per day.​ The Property is located 0.4 miles from Beaumont Medical Center driving the demand for additional medical practices in the area.​ American Battery Solutions, located just 3 miles from the subject Property has recently announced a $7 million expansion which will triple the size of their current facility and create more than 100 new jobs.​

  • ​Value-add medical retail shopping center with 50% occupancy
  • ​The Property is easily accessible, being located just 5.2 miles south of Interstate 75.
  • ​Situated in a strong retail corridor with over 5.4 million square feet of retail within five miles including CVS Pharmacy, Starbucks, Kroger, McDonald’s, and more
  • ​Located 0.4 miles from Lake Orion’s Beaumont Medical Center which features a variety of services including radiology, pharmacy, and laboratory services
  • ​Tenants are below market rent with room for upside
  • Current NOI of $302,453 with 50% of the center occupied

Lead Listing Agent

Jon Kouza

248-776-6001 ext.1

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