for sale for price reduced sale restaurant available · farmington hills, mi 48334 phone: (248)...
TRANSCRIPT
FOR SALERESTAURANT AVAILABLE801 S. LAPEER RD, LAKE ORION, MI 48362
MATTHEW D. SWANTKO
Principal [email protected]
(248) 488-2620
30500 Northwestern Hwy, Suite 200Farmington Hills, MI 48334
Phone: (248) 488-2620
landmarkcres.com
CONTACT US
SCOTT J. SONENBERG
Associate [email protected]
(248) 488-2620
FORSALE
*This is an operating restaurant – Please do not contact the Tenant/Operator
PRICE REDUCED
2Restaurant Available • Lake Orion, MI
FOR SALEPROPERTY DETAILS
Location: 801 S. Lapeer RdLake Orion, MI 48362
Property Type: Restaurant
Sales Price: $975,000.00$750,000.00
Property Taxes: $1.54/SF
Building Size: 8,834 SF
Lot Size: 1.1 Acres
Zoning: B1, Lake Orion
Traffic Count: S. Lapeer Rd = 43,993 cpd
E. Clarkson Rd = 8,800 cpd
Contact: Matthew D. [email protected]
Scott J. [email protected]
(248) 488-2620
DESCRIPTION
Restaurant opportunity along Lapeer Road in Lake Orion,
Michigan. Excellent location in this growing market. Liquor
License and furniture, fixtures and equipment available
(priced separately). The property can also be re-purposed
for other commercial uses.
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MICRO
Restaurant Available • Lake Orion, MI
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MACRO
Restaurant Available • Lake Orion, MI
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FLOOR PLAN
Restaurant Available • Lake Orion, MI
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SITE PLAN
Restaurant Available • Lake Orion, MI
DEMOGRAPHICS
7LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do notdoubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy andcompleteness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The valueof this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful,independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.
DESCRIPTION 1 MILE 3 MILE 5 MILE
POPU
LATI
ON
2020 Estimated Population 5,898 28,220 71,6542025 Projected Population 5,971 28,428 71,9642010 Census Population 5,579 25,424 63,4152000 Census Population 5,281 22,515 56,440Projected Annual Growth 2020 to 2025 0.2% 0.1% -
Historical Annual Growth 2000 to 2020 0.6% 1.3% 1.3%
HO
USE
HO
LDS
2020 Estimated Households 2,481 10,842 26,8892025 Projected Households 2,543 11,045 27,3082010 Census Households 2,245 9,400 22,9892000 Census Households 2,099 8,289 20,268Projected Annual Growth 2020 to 2025 0.5% 0.4% 0.3%
Historical Annual Growth 2000 to 2020 0.9% 1.5% 1.6%
RA
CE
2020 Est. White 90.3% 89.7% 88.8%
2020 Est. Black 3.4% 3.5% 3.7%
2020 Est. Asian or Pacific Islander 3.1% 3.9% 4.5%
2020 Est. American Indian or Alaska Native 0.3% 0.3% 0.3%
2020 Est. Other Races 3.0% 2.6% 2.8%
INC
OM
E 2020 Est. Average Household Income $97,333 $124,278 $135,8272020 Est. Median Household Income $79,126 $98,919 $106,9972020 Est. Per Capita Income $40,978 $47,821 $51,061
BU
SIN
ESS 2020 Est. Total Businesses 281 938 2,121
2020 Est. Total Employees 1,941 7,241 22,264 801 S LAPEER RD, LAKE ORION, MI 48362