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27820974
27820975

5983 Highland Rd, Waterford, MI 48327

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
EL
MI MI 6501400582, IL 475.155236
Encore Real Estate Investment Services
JL
MI MI 6501396624
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
Unpriced
225 days on market
Updated 28 days ago

Former Rite Aid

Details
Property Type Retail
Sub Type Storefront
Square Footage 14,564
Tenancy Single
Lease Type NNN
Year Built 2008
Buildings 1
Zoning C-4
Investment Type Net Lease

For Sale or For Lease

Marketing description

Introducing a prime investment opportunity in Waterford's bustling commercial corridor. This former Rite Aid building offers exceptional visibility and access along Highland Road (M-59), a high-traffic area with over 40,000 daily vehicle counts.

Situated at the signalized intersection of Highland Rd and Airport Rd, this property benefits from its strategic location in a densely populated area supported by a diverse local economy. With a building size of 14,564 SF on 2.2 acres of land, this C-4 zoned asset is ideal for a variety of businesses.

Waterford Township, part of the Detroit metro area, boasts steady population density and income levels. Just minutes from recreational amenities like Pontiac Lake and surrounded by major retailers, this property offers endless possibilities. Take advantage of this unique investment offering with drive-thru capabilities - Inquire today for pricing details and secure your spot in this thriving market!

Investment highlights

  • Former Rite Aid building positioned along Highland Road (M-59), one of Waterford’s most heavily traveled commercial corridors with

  • excellent visibility and access

  • Located at the Signalized Intersection of Highland Rd and Airport Rd | Excellent daily traffic counts exceeding 40,000 vehicles per day

  • Waterford Township is part of the Detroit metropolitan area, benefiting from steady population density and household income

  • levels | Diverse local economy supported by healthcare, manufacturing, retail, and education

  • Less than 6 Miles from Pontiac Lake Recreation | Averages 500K+ Visits per year and over 3700 Acres of rolling hills, trails, and woodlands

  • Located in a dense retail trade area surrounded by national tenants such as Kroger, Meijer, Home Depot, Planet Fitness, and McDonald’s

  • Only 1 Mile from Oakland County International Airport

  • Within 5 Minutes from multiple Golf Courses including White Lake Oaks Golf Course and Pontiac Country Club

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
EL
MI MI 6501400582, IL 475.155236
Encore Real Estate Investment Services
JL
MI MI 6501396624
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Additional Information

Name
Deno Bistolarides
License
6502378067
Name
Evan Lyons
License
MI 6501400582
Brokerage
Encore Real Estate Investment Services
Name
Joseph Lopez
License
MI 6501396624
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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