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Summit Mall Retail Space Available
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359-425 Summit Dr, Waterford, MI

Retail spaces in Summit Mall Development District, from 1,071 SF.

Property Size1,550 SF
Lot Size8.95 Acres
Days on Market568

Property Features for 359-425 Summit Dr

General Information

Standard status Active
Size 1,550 SF
Lot size 8.95 Acres
Property subtype RETAIL
Listing Agency: Beanstalk Real Estate Solutions
Listed By: Paul DeBono · License #6506045729
Source: Moodyscre
Added: Jan 9, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:51AM

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.

Located in the Summit Mall Development District, this property offers convenient access to M-59 and Telegraph Road. The property includes a combined retail space of 195,734 square feet across two centers. Available spaces range from 1,071 square feet to 58,368 square feet. A former grocery store space features minimum 17.5-foot clear ceilings, suitable for large-scale users. Surface parking is available across both centers.

Key Highlights

  • Prime location in the Summit Mall Development District with easy access to M‑59 and Telegraph Road.
  • Substantial combined retail space totaling 195,734 square feet across two centers.
  • Flexible unit sizes available, ranging from 1,071 to 58,368 square feet.

Property Analytics

Current Use

Shopping centers

Suggested Use

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

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 35% Home Improvements & Furnishings 10%
Taco Bell Dining
9,768 visits/mo 0.5 miles
BP Shops & Services
7,937 visits/mo 0.4 miles
Applebee's Dining
4,616 visits/mo 0.3 miles
Red Lobster Dining
4,405 visits/mo 0.5 miles
Harbor Freight Tools Home Improvements & Furnishings
4,137 visits/mo 0.5 miles

Market

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Oakland Pointe Shopping Center — Telegraph Rd, Pontiac, MI 48341
  • Summit West — 495 Summit Dr, Waterford Twp, MI 48328
  • Colony Square — Waterford Twp, MI 48328

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces in Summit Mall Development District, from 1,071 SF.
Where is this shopping center located?
The property is located at 359-425 Summit Dr Waterford, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime location in the Summit Mall Development District with easy access to M‑59 and Telegraph Road.; Substantial combined retail space totaling 195,734 square feet across two centers.; Flexible unit sizes available, ranging from 1,071 to 58,368 square feet.
(313) 446-8060 Call to check price and availability
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