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Commercial Ground Lease Site
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3121 West Huron Street, Waterford, MI 48328

1.02-acre parcel offered for ground lease or build-to-suit development.

Space Size1 SF
Lot Size1.02 Acres
Days on Market55

Property Features for 3121 West Huron Street

General Information

Standard status Active
Size 1 SF
Lot size 1.02 Acres
Property subtype Retail, Office, Land

Building Details

Building Size 1 SF
Tenancy Single

Spaces For Lease

at 3121 West Huron Street Contact us

Space 1

Size
1 SF
Type
Land, Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Gerdom Realty & Investment
Listed By: Michael Murphy · License #6501389134
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 11 at 6:58PM

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 Gerdom Realty & Investment

Investment Insights

Based on property information with market context.

The offering is a 1.02-acre commercial land parcel available for ground lease or build-to-suit (BTS) development. This structureless site is presented to accommodate tenants or developers looking to tailor improvements to their specific operational needs.

The property is located at 3121 West Huron Street in Waterford, MI 48328. It is being marketed specifically for ground lease or BTS, indicating the opportunity to bring a tailored concept to the site rather than fitting into an existing building.

This land offering may suit users who want control over site improvements and building design through a BTS approach, or those seeking a ground lease format to occupy a developed asset under an agreed lease arrangement. Parties should evaluate feasibility for their intended use based on their own planning and permitting requirements, with the understanding that the property is presented as land for development rather than an occupied retail or office space.

Key Highlights

  • 1.02‑acre parcel offered for ground lease or build‑to‑suit (BTS) development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Hair Salon

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

344
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 45% Electronics 1%
McDonald's Dining
28,230 visits/mo 0.2 miles
Speedway Shops & Services
23,344 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,739 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.02-acre parcel offered for ground lease or build-to-suit development.
Where is this commercial land located?
The property is located at 3121 West Huron Street Waterford, MI.
What are key features of this property?
This property features: 1.02‑acre parcel offered for ground lease or build‑to‑suit (BTS) development
(248) 242-6766 Call to check price and availability
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