www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
18783512
18783510

5400 Perry Dr, Waterford Township, MI 48329

JF
MI 6506046321, IL 475172346 (+1)
Friedman Real Estate IL LLC
Listed by Friedman Real Estate IL LLC
Unpriced
695 days on market
Updated 30 days ago

5400 Perry Rd - Waterford | 429,000 SF Distribution Center

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 429,210
Class B
Year Built 1979
Buildings 1
Stories 1
Acreage 35.760
Zoning M2 (General Industrial)
Parking Spaces 280 spaces
Parking Per SqFt 0.65
Investment Type Owner/User
Ceiling Height 28’
Loading Docks 44

Industrial DC | 429,210 SF | Waterford, MI

Marketing description

Former Rite-Aid distribution center locate in Waterford, MI. Rare opportunity to a 28 ft clear, infill DC center with 44 docks in close proximity to major freeways and population centers.

Investment highlights

  • ±429,000 SF modern warehouse distribution facility located on a ±36 AC infill site available for lease or sale
  • Facility equipped with 44 docks, 2 drive in doors, and 28-foot clear heights
  • Site features ample parking (±28- surface spaces) and trailer storage (±60 trailer spaces)
  • Located in an infill submarket with easy access from I-75 and Oakland County International Airport
  • Strong demographics with an average household income of approximately $90,000 within a five-mile radius
  • Market vacancy rate of 3.8% and submarket vacancy rate of 4.2%

Listing Contacts

JF
MI 6506046321, IL 475172346 (+1)
Friedman Real Estate IL LLC
Listed by Friedman Real Estate IL LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591