Multi-Tenant Office Building with Medical
For Sale
Contact for pricing
Pending
3881 Highland Rd, Waterford, MI 48328
Multi-tenant retail office building built in 1965 and renovated in 2005, 89% occupied by medical and professional tenants.
Property Size10,150 SF
Days on Market122
Property Features for 3881 Highland Rd
General Information
Standard status
Pending
Size
10,150 SF
Property subtype
Retail, Office
Occupancy
89%
Site & Location
Traffic Count
40,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1965
Year Renovated
2005
Tenancy
Multi
Listing Agency:
Cedar William
Listed By:
Steven Koutsantonis · License #10311205589
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 11:17AM
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 Cedar William
Investment Insights
Based on property information with market context.
Multi-tenant retail office building with a mix of medical and professional tenants, currently 89% occupied. The property is a fee-simple acquisition and includes a total building size of 10,150 square feet. Constructed in 1965 and renovated in 2005, the building has historically operated with high occupancy levels and includes a number of long-standing tenants with varying remaining terms.
The building has significant frontage along Highland Road (M-59) and is positioned in the immediate Waterford, Michigan trade area. It also provides easy access to Telegraph Rd and is described as being minutes from Interstate I-75.
The tenant base is described as being predominantly medical, with several tenants established for multiple years. The offering is structured around the existing tenancy and current occupancy.
The building has significant frontage along Highland Road (M-59) and is positioned in the immediate Waterford, Michigan trade area. It also provides easy access to Telegraph Rd and is described as being minutes from Interstate I-75.
The tenant base is described as being predominantly medical, with several tenants established for multiple years. The offering is structured around the existing tenancy and current occupancy.
Key Highlights
- Multi‑tenant retail/office building at 3881‑3901 Highland Road, Waterford, MI
- 10,150 SF building with 89% occupancy and a mix of medical and professional tenants
- Built in 1965 and renovated in 2005
Property Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
89%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant retail office building built in 1965 and renovated in 2005, 89% occupied by medical and professional tenants.
Where is this office building located?
The property is located at 3881 Highland Rd Waterford, MI.
What are key features of this property?
This property features: Multi‑tenant retail/office building at 3881‑3901 Highland Road, Waterford, MI; 10,150 SF building with 89% occupancy and a mix of medical and professional tenants; Built in 1965 and renovated in 2005
