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Highland Road Automotive Retail Opportunity
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4301 Highland Road, Waterford, MI 48328

Former Discount Tire available for sale or lease.

Property Size8,892 SF
Lot Size0.88 Acres
Days on Market145

Property Features for 4301 Highland Road

General Information

Standard status Active
Size 8,892 SF
Lot size 0.88 Acres
Property subtype Retail
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Jared Gell
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 10 at 1:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

This 8,892 square foot building, constructed in 1988, is situated on 0.876 acres and was formerly a Discount Tire. The property features 4 repair bays and 24 parking spaces. It also includes a large pylon sign on Highland Road. Zoned C-3, the property offers a wide variety of potential uses. The location on Highland Road provides high visibility and traffic, with over 30,000 cars per day. The property has 122 feet of frontage along Highland Road. It is located just east of Pontiac Lake Road, directly across from Meijer (ranked #29/122 in Michigan on Placer.ai) and adjacent to Gordon Foods (ranked #24/39 in Michigan on Placer.ai).

Key Highlights

  • High traffic location on Highland Road (30,000 cars per day).
  • Located directly across from Meijer and adjacent to Gordon Foods.
  • Zoned C‑3 offering a wide variety of potential uses.

Property Analytics

Current Use

Automotive properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
126k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 48%
McDonald's Dining
28,230 visits/mo 0.4 miles
Speedway Shops & Services
23,344 visits/mo 0.0 miles
Dollar Tree Shops & Services
13,739 visits/mo 0.2 miles
Burger King Dining
13,097 visits/mo 0.1 miles
Tim Hortons Dining
11,321 visits/mo 0.1 miles

Demographics for 48328, MI

24,178
Population
11,938
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
2,717
Density / Sq Mi
$69,788
Median Household Income
$42,084
Median Earnings
$1,041
Median Rent
$210,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • U-Haul Neighborhood Dealer — 3735 Highland Rd, Waterford Twp, MI 48328
  • Penske Truck Rental — 4303 Highland Rd, Waterford Twp, MI 48328

Frequently Asked Questions

What type of property is this?
Automotive property - Former Discount Tire available for sale or lease.
Where is this automotive property located?
The property is located at 4301 Highland Road Waterford, MI.
What are key features of this property?
This property features: High traffic location on Highland Road (30,000 cars per day).; Located directly across from Meijer and adjacent to Gordon Foods.; Zoned C‑3 offering a wide variety of potential uses.
More about this property
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