575 N Lapeer Rd
Oxford, MI 48371
Tractor Supply Co. | Oxford (Detroit MSA), MI · Retail Property For Sale

The lease provides for minimal landlord responsibilities. There are fourteen (14) years remaining on the lease term, plus four (4), five (5) year options. The lease provides for 5% rental increases every five (5) years. This property is the only Tractor Supply prototype in Michigan with a larger footprint (21,930 SF vs. the standard 19,097 SF), and a larger fenced outdoor display area. This size difference speaks to stronger sales projections in this market. There are 145,078 residents located in the ten (10) mile demographic ring, and 2,768,677 residents in the thirty (30) mile ring. There are 52,502 households in the ten (10) mile demographic ring, and 1,101,594 households in the thirty (30) mile ring. The average household income in the five (5) mile demographic ring is an affluent $101,579. Tractor Supply has strong frontage on N Lapeer Road, which reports high traffic counts of 26,800 cars per day at this location. Tractor Supply is surrounded by several popular retailers including Meijer, McDonald' s, and Tim Hortons. The subject property is located just 46 miles (55 minutes) from the city of Detroit, the largest city in the midwestern state of Michigan. This Tractor Supply is located among metropolitan Detroit' s affluent Northern suburbs.