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Signalized-Intersection Retail Space

4998 Highland Rd, Waterford Township, MI 48328

For Lease
$26 SF/Yr

The available suite is within a multi-tenant retail building zoned C-3.

Space Size1,347 SF
Property Size5,808 SF
Days on Market20

Property Features for 4998 Highland Rd

General Information

Standard status Active
Size 1,347 SF
Net Rentable 1,347 SF
Property subtype Retail
Zoning C-3

Space & Availability

Available Space 1,347 SF
Contiguous Space 1,347 SF
Space Use Retail

Site & Location

Anchor Co-Tenants Jimmy John's, Crumbl, Wingstop, Starbucks
Traffic Count 50,989 vehicles/day

Building Details

Building Size 5,808 SF
Tenancy Multi
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Cpix.resimplifi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 8 at 2:18AM

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 Forward Commercial Group

Rey
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Investment Insights

Based on property information with market context.

A 1,347-square-foot retail suite is available within a 5,808-square-foot building in Waterford Township. The property is zoned C-3, and current tenants include Jimmy John’s, Crumbl, Wingstop, and Starbucks.

The building sits at the signal-controlled junction of Highland Road and Crescent Lake Road, with more than 50,989 vehicles per day passing the intersection.

Key Highlights

  • 1,347 SF suite within a 5,808 SF retail building
  • C‑3 zoning
  • Signalized intersection of Highland Road and Crescent Lake Road

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Restaurant Parking Lot & Garage

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

50,989 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 93% Electronics 4% Shops & Services 3%
Tim Hortons Dining
11,321 visits/mo 0.5 miles
Tubby's Dining
2,740 visits/mo 0.4 miles
Metro by T-Mobile Electronics
629 visits/mo 0.4 miles
Monro Auto Service and Tire Centers Shops & Services
399 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

Average Price Trend$/SF/Yr for Retail space in Oakland County, MI

$19.21 Jul
$19.89 Aug
$20.47 Sep
$22.21 Oct

Properties on Market for Retail space in Oakland County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The available suite is within a multi-tenant retail building zoned C-3.
Where is this retail space located?
The property is located at 4998 Highland Rd Waterford Township, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 1,347 SF suite within a 5,808 SF retail building; C‑3 zoning; Signalized intersection of Highland Road and Crescent Lake Road
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