Retail Strip Center with Tenant
4140 Elizabeth Lake Rd Waterford, MI 48328
For Sale
$1,010,000
Fully occupied three-tenant strip center with separate tenant basements and month-to-month leases.
Property Size9,600 SF
Price / SF$105.21
Days on Market1608
Property Features for 4140 Elizabeth Lake Rd
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Property subtype
- Retail
Listing Agency:
Thomas A. Duke Company
(248) 479-0128
Listed By:
Joseph Evangelista
(248) 479-0128
Source:
Cpix.resimplifi
Added: Feb 26, 2022
Changed: Jul 22
Last Checked: Jul 23 at 2:45AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
The property is a 9,600 SF retail strip center that is fully occupied by three tenants. The center includes four separate tenant basements (approximately 4,800 SF) in addition to the main retail space.
Tenant arrangements are month-to-month, which may provide flexibility for a new owner regarding lease structure and extensions. The tenant mix includes a coin laundry with a lease agreement, along with cosmetology and yoga tenants operating on month-to-month terms. The tenants are described as being open to potential lease agreements or extensions.
The remarks cite an outstanding location within a dense residential area, with 23,300+ cars per day referenced in the property information.
Tenant arrangements are month-to-month, which may provide flexibility for a new owner regarding lease structure and extensions. The tenant mix includes a coin laundry with a lease agreement, along with cosmetology and yoga tenants operating on month-to-month terms. The tenants are described as being open to potential lease agreements or extensions.
The remarks cite an outstanding location within a dense residential area, with 23,300+ cars per day referenced in the property information.
Key Highlights
- 9,600 SF retail strip center fully occupied by 3 tenants
- Includes 4 separate tenant basements totaling approximately 4,800 SF
- Tenants are month‑to‑month, giving potential flexibility to structure new leases
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - Fully occupied three-tenant strip center with separate tenant basements and month-to-month leases.
Where is this strip mall located?
The property is located at 4140 Elizabeth Lake Rd Waterford, MI.
What is the asking price?
The asking price for this property is $1,010,000.
What are key features of this property?
This property features: 9,600 SF retail strip center fully occupied by 3 tenants; Includes 4 separate tenant basements totaling approximately 4,800 SF; Tenants are month‑to‑month, giving potential flexibility to structure new leases
