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Space Availability (4)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 225
  • 8,000 SF
  • -
  • 3-5 Years
  • $8.00 /SF/YR $0.67 /SF/MO $64,000 /YR $5,333 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • 1st Floor, Ste 257
  • 2,000 SF
  • 9’
  • 3-5 Years
  • $8.00 /SF/YR $0.67 /SF/MO $16,000 /YR $1,333 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 9’
  • 1st Floor, Ste 275
  • 13,500 SF
  • 9’
  • 3-5 Years
  • $8.00 /SF/YR $0.67 /SF/MO $108,000 /YR $9,000 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 9’
  • 1st Floor, Ste 279
  • 40,030 SF
  • -
  • 3-5 Years
  • $8.00 /SF/YR $0.67 /SF/MO $320,240 /YR $26,687 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste 225 8,000 SF - 3-5 Years $8.00 /SF/YR $0.67 /SF/MO $64,000 /YR $5,333 /MO Triple Net (NNN)
1st Floor, Ste 257 2,000 SF 9’ 3-5 Years $8.00 /SF/YR $0.67 /SF/MO $16,000 /YR $1,333 /MO Triple Net (NNN)
1st Floor, Ste 275 13,500 SF 9’ 3-5 Years $8.00 /SF/YR $0.67 /SF/MO $108,000 /YR $9,000 /MO Triple Net (NNN)
1st Floor, Ste 279 40,030 SF - 3-5 Years $8.00 /SF/YR $0.67 /SF/MO $320,240 /YR $26,687 /MO Triple Net (NNN)

1st Floor, Ste 225

Size
8,000 SF
Ceiling
-
Term
3-5 Years
Rental Rate
$8.00 /SF/YR $0.67 /SF/MO $64,000 /YR $5,333 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

1st Floor, Ste 257

Size
2,000 SF
Ceiling
9’
Term
3-5 Years
Rental Rate
$8.00 /SF/YR $0.67 /SF/MO $16,000 /YR $1,333 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 9’

1st Floor, Ste 275

Size
13,500 SF
Ceiling
9’
Term
3-5 Years
Rental Rate
$8.00 /SF/YR $0.67 /SF/MO $108,000 /YR $9,000 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 9’

1st Floor, Ste 279

Size
40,030 SF
Ceiling
-
Term
3-5 Years
Rental Rate
$8.00 /SF/YR $0.67 /SF/MO $320,240 /YR $26,687 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Move-in ready opportunities available! Options include a fully built-out former dialysis center, a spacious open-plan former JoAnn Fabrics, and a large former grocery store box with 18’ clear ceiling height. Additional spaces are also available to suit in a range of needs. Zoned for retail, medical, services, fitness, and light industrial, the property offers excellent accessibility near M-59 and Telegraph Road, featuring strong traffic counts and convenient highway connections.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Summit West

  • Tenant
  • Description
  • US Locations
  • Reach
  • CNS Healthcare
  • Health Care
  • 2
  • Local
  • Dollar General
  • Dollar/Variety/Thrift
  • 23,987
  • International
  • Goodman, Zachary, Paul
  • Health Care
  • 1
  • -
  • Meridian Health Services
  • Health Care and Social Assistance
  • 1
  • -
Tenant Description US Locations Reach
CNS Healthcare Health Care 2 Local
Dollar General Dollar/Variety/Thrift 23,987 International
Goodman, Zachary, Paul Health Care 1 -
Meridian Health Services Health Care and Social Assistance 1 -

Property Facts

Total Space Available 63,530 SF
Property Type Retail
Gross Leasable Area 89,482 SF
Total Land Area 11.45 AC
Year Built/Renovated 1973/1989
Parking Ratio 1.18/1,000 SF
Cross Streets Elizabeth Lake Rd

Features and Amenities

  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

PNC Bank
Kerby's Koney Island
Rent-A-Center
Chase Bank
Red Lobster
Anytime Fitness
  • Listing ID: 37587840

  • Date on Market: 9/8/2025

  • Last Updated:

  • Address: 225-279 Summit Dr, Waterford, MI 48328

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