Restaurant Property with
For Lease
$20 SF/Yr
5834 Highland Rd, Waterford, MI 48327
Freestanding restaurant facility on an expansive commercial parcel with drive-through potential subject to special approval.
Space Size4,537 SF
Lot Size1.43 Acres
Days on Market683
Property Features for 5834 Highland Rd
General Information
Standard status
Active
Size
4,537 SF
Net Rentable
4,537 SF
Lot size
1.43 Acres
Property subtype
Land
Zoning
C-3
Space & Availability
Available Space
4,537 SF
Contiguous Space
4,537 SF
Space Use
Restaurant
Site & Location
Frontage
150 ft
Traffic Count
35,000 vehicles/day
Road Access
Yes
Building Details
Building Size
4,537 SF
Year Built
1973
Buildings
1
Stories
1
Listing Agency:
Thomas A. Duke Company
(248) 476-3700
Listed By:
Eric Szerlag · License #6501343471
(248) 476-3700
Source:
Cpix.resimplifi
Added: Oct 17, 2024
Changed: Aug 30
Last Checked: Aug 30 at 12:03AM
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 includes a 4,537-square-foot restaurant building constructed in 1973 on 1.43 acres. The site offers a freestanding restaurant configuration and drive-through potential, with the drive-through requiring special approval.
Positioned along the north side of M-59, the property has approximately 150 feet of Highland Road frontage and sits east of Airport Road. The surrounding corridor carries more than 35,000 vehicles per day, and Oakland County Airport is located nearby.
Positioned along the north side of M-59, the property has approximately 150 feet of Highland Road frontage and sits east of Airport Road. The surrounding corridor carries more than 35,000 vehicles per day, and Oakland County Airport is located nearby.
Key Highlights
- 4,537 SF restaurant building on a 1.43‑acre lot
- Approximately 150+/- feet of frontage along Highland Road / M‑59
- Drive‑through use requires special approval
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 39%
Electronics 2%
Speedway
Shops & Services
25,009 visits/mo
0.2 miles
McDonald's
Dining
23,896 visits/mo
0.1 miles
Citgo
Shops & Services
12,369 visits/mo
0.1 miles
Taco Bell
Dining
11,840 visits/mo
0.4 miles
Wendy's
Dining
10,085 visits/mo
0.2 miles
Demographics for 48327, MI
21,811
Population
9,864
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
94%
High-School Grad
11.3 sq mi
ZIP Area
1,930
Density / Sq Mi
$75,512
Median Household Income
$46,259
Median Earnings
$1,058
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant facility on an expansive commercial parcel with drive-through potential subject to special approval.
Where is this conventional restaurant located?
The property is located at 5834 Highland Rd Waterford, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 4,537 SF restaurant building on a 1.43‑acre lot; Approximately 150+/- feet of frontage along Highland Road / M‑59; Drive‑through use requires special approval
