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    5205-5217 Highland Rd Waterford, MI 48327

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    For Lease
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    Retail space available in Kroger-anchored shopping center in Waterford.

    Property size:
    1,050 SF
    Lot size:
    15.28 Acres

    Property Features for 5205-5217 Highland Rd

    General Information

    Size
    1,050 SF
    Lot size
    15.28 Acres

    Source: NAI Farbman - Corporate Agent Carrie Weiss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Kroger-Anchored Center

    This retail space is located within a Kroger-anchored shopping center. The center features national co-tenants including Kroger, Starbucks, GNC, The UPS Store, and Supercuts. An end cap opportunity is available. The location benefits from high foot traffic and excellent traffic counts, along with strong demographics. Multiple curb cuts provide access, and signage is available. Ample parking is provided for customers and tenants. The property offers 1050 square feet of retail space and is located in Waterford, Michigan.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Waterford Plaza Shopping Center, Excalibur Square, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.389651
    Latitude
    42.659451

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Kroger-anchored shopping center in Waterford.
    Where is this shopping center located?
    The property is located at 5205-5217 Highland Rd Waterford, MI.
    What are key features of this property?
    This property features: - Kroger-anchored center for consistent customer draw.; - National co-tenancy with Kroger, Starbucks, GNC, The UPS Store, and Supercuts.; - High foot traffic and excellent traffic counts.
    (248) 351-6328
    Request Owner's contact information
    5205-5217 Highland Rd Waterford, MI 48327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5205-5217 Highland Rd Waterford, MI 48327
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