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Rite Aid - For Sale or Lease 5983 Highland Rd 14,496 SF Retail Building Waterford, MI 48327 For Sale

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INVESTMENT HIGHLIGHTS

  • Former Rite Aid building positioned along Highland Road (M-59), one of Waterford’s most heavily traveled commercial corridors
  • Waterford Township is part of the Detroit metropolitan area, benefiting from steady population density and household income levels
  • Located in a dense retail trade area surrounded by national tenants such as Kroger, Meijer, Home Depot, Planet Fitness, and McDonald’s
  • Located at the Signalized Intersection of Highland Rd and Airport Rd | Excellent daily traffic counts exceeding 40,000 vehicles per day
  • Less than 6 Miles from Pontiac Lake Recreation | Averages 500K+ Visits per year and over 3700 Acres of rolling hills, trails, and woodlands
  • Only 1 Mile from Oakland County International Airport

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,496 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.20 AC
Zoning
AI
Parking
29 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
152’ on Airport Rd

AMENITIES

  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 14,496 SF
  • Retail
  • -
  • 30 Days
Space Size Space Use Position Available
1st Floor 14,496 SF Retail - 30 Days

1st Floor

Size
14,496 SF
Space Use
Retail
Position
-
Available
30 Days

NEARBY MAJOR RETAILERS

BIGGBY Coffee
Kroger
Credit Union ONE
Starbucks
Planet Fitness
Flagstar
Buffalo Wild Wings
Boston Market
Leo's Coney Island

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-21-101-023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$985,470
  • Listing ID: 38225560

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 5983 Highland Rd, Waterford, MI 48327

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