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Retail Space with Seven Loading Docks
For Lease
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495 Summit Dr, Waterford, MI 48328

Large retail space in the Summit Mall district with extensive parking, loading access, and freestanding signage potential.

Space Size110,000 SF
Days on Market524

Property Features for 495 Summit Dr

General Information

Standard status Active
Size 110,000 SF
Net Rentable 110,000 SF
Total Parking Spaces 425
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 110,000 SF
Contiguous Space 110,000 SF

Additional Details

Road Access Yes

Amenities

freestanding signage along Summit Drive
seven loading docks
additional drive-in roll-up doors
high ceilings
wide column spacing

Spaces For Lease

at 495 Summit Dr Contact us

495 Summit Dr $18/SF/Yr

Floor
Bldg
Size
110,000 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
-Prime Location: Excellent visibility and access within the Summit Mall Development...
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Listing Agency: Beanstalk Real Estate Solutions
Listed By: Paul DeBono · License #6506045729
Source: Moodyscre
Added: Mar 6, 2025 Changed: Aug 8 Last Checked: Aug 11 at 2:39PM

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 Beanstalk Real Estate Solutions

Investment Insights

Based on property information with market context.

This standalone retail space is approximately 110,000 square feet and designed for flexible tenant layouts, with high ceilings and wide column spacing to support adaptable interior configurations. The property includes seven loading docks plus additional drive-in roll-up doors to support a variety of distribution and receiving needs.

The site offers strong customer and staff convenience with 425 surface parking spaces, and it is positioned within the Summit Mall Development District for easy access and visibility. A freestanding signage opportunity is available along Summit Drive, providing additional brand presence for prospective users.

The building was originally built for Sam’s Club and most recently occupied by Tommy’s Boats, supporting a commercial format with durable, operational infrastructure.

Key Highlights

  • Approximately 110,000 square feet retail space
  • 425 surface parking spaces for staff and customers
  • Seven loading docks plus additional drive‑in roll‑up doors

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Spa & Massage Center Pharmacy

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Popeyes Louisiana Kitchen Dining
9,817 visits/mo 0.4 miles
Red Lobster Dining
4,405 visits/mo 0.5 miles
Kerby's Koney Island Dining
1,340 visits/mo 0.4 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

Lease Benchmarks for Waterford, MI

$14.7 /SF/Yr
Avg Asking Price
$6–$20 /SF/Yr
Price Range
10,105 SF
Avg Space Size

This space is priced 22% above the average of $14.7 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Large retail space in the Summit Mall district with extensive parking, loading access, and freestanding signage potential.
Where is this retail space located?
The property is located at 495 Summit Dr Waterford, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 110,000 square feet retail space; 425 surface parking spaces for staff and customers; Seven loading docks plus additional drive‑in roll‑up doors
(313) 446-8060 Call to check price and availability
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