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Retail Space in Waterford Plaza
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5038 5160 Highland Road, Waterford, MI

Retail space available in Waterford Plaza at M-59 & Crescent.

Space Size3,455 SF
Lot Size11.98 Acres
Days on Market402

Property Features for 5038 5160 Highland Road

General Information

Standard status Active
Size 3,455 SF
Lot size 11.98 Acres
Property subtype RETAIL

Spaces For Lease

at 5038 5160 Highland Road Contact us

5038 5160 Highland Rd

Floor
1
Size
3,455 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Rare vacancy in highly sought after Waterford Plaza, located in the busy intersection...
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Listing Agency: Landmark Commercial Real Estate Services
Listed By: Andrew Luckoff · License #6501386660
Source: Moodyscre
Added: Jul 16, 2025 Changed: Aug 8 Last Checked: Aug 20 at 9:45AM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This retail space is located in Waterford Plaza, situated at the intersection of M-59 and Crescent Boulevard. The property, formerly a Chiropractic Clinic, is a second-generation space positioned between Planet Fitness and Five Below. The available space measures 3,455 square feet. A pylon panel is available.

Key Highlights

  • Rare vacancy in highly sought‑after Waterford Plaza.
  • Located at the busy intersection of M‑59 & Crescent Blvd.
  • 2nd Generation space, former Chiropractic Clinic.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Real Estate Agency Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Accounting Firm Electrical Service

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

553
Businesses Nearby
259k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Groceries 27% Shops & Services 24% Home Improvements & Furnishings 4%
Kroger Groceries
49,207 visits/mo 0.2 miles
Aldi Groceries
20,835 visits/mo 0.1 miles
Mobil Shops & Services
19,223 visits/mo 0.1 miles
Five Below Shops & Services
19,080 visits/mo 0.2 miles
Starbucks Dining
18,791 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space available in Waterford Plaza at M-59 & Crescent.
Where is this strip mall located?
The property is located at 5038 5160 Highland Road Waterford, MI.
What are key features of this property?
This property features: Rare vacancy in highly sought‑after Waterford Plaza.; Located at the busy intersection of M‑59 & Crescent Blvd.; 2nd Generation space, former Chiropractic Clinic.
(248) 488-2620 Call to check price and availability
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