Retail Space in Two-Center
For Lease
Contact for pricing
359-425 Summit Dr, Waterford, MI 48328
Large-format retail spaces are available within a two-center shopping complex with surface parking.
Property Size23,671 SF
Days on Market568
Property Features for 359-425 Summit Dr
General Information
Standard status
Active
Size
23,671 SF
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Highway Access
Yes
Clear Height
17.5 ft
Listing Agency:
Beanstalk Real Estate Solutions
(313) 446-8060
Listed By:
Paul DeBono · License #6506045729
Source:
Moodyscre
Added: Jan 9, 2025
Changed: Jul 25
Last Checked: Jul 30 at 2:06PM
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 for-lease retail offering comprises a combined total of 195,734 square feet across two distinct centers, with flexible space sizes ranging from 1,071 square feet to 58,368 square feet. A former grocery store space is included, offering minimum 17.5-foot clear ceilings for larger-scale use.
The property is centrally located within the Summit Mall Development District and provides easy access to M-59 and Telegraph Road. Ample surface parking is available across both centers.
Spaces are designed to accommodate a range of operating needs within a multi-building retail environment, including a high-clearance option well-suited for users requiring taller interiors.
The property is centrally located within the Summit Mall Development District and provides easy access to M-59 and Telegraph Road. Ample surface parking is available across both centers.
Spaces are designed to accommodate a range of operating needs within a multi-building retail environment, including a high-clearance option well-suited for users requiring taller interiors.
Key Highlights
- 195,734 SF of combined retail space across two distinct centers in the Summit Mall Development District
- Former grocery store with minimum 17.5‑foot clear ceilings, suited for large‑scale users
- Flexible space sizes available from 1,071 SF up to 58,368 SF
Property Analytics
Current Use
Lease Details
17 ft
Clear height
Yes
Highway access
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
Explore this area
Business Placement
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
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
Questions? Ask Rey
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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 - Large-format retail spaces are available within a two-center shopping complex with surface parking.
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: 195,734 SF of combined retail space across two distinct centers in the Summit Mall Development District; Former grocery store with minimum 17.5‑foot clear ceilings, suited for large‑scale users; Flexible space sizes available from 1,071 SF up to 58,368 SF
