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Multi-Suite Retail Space
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5320 Highland Rd, Waterford, MI 48327

Retail space comprising two separately identified commercial suites along Highland Road.

Space Size900 SF
Property Size11,960 SF
Days on Market162

Property Features for 5320 Highland Rd

General Information

Standard status Active
Size 900 SF
Net Rentable 900 SF
Class B
Property subtype Retail
Lease Type NNN

Additional Details

Available Space 900-1,960 SF

Building Details

Building Size 11,960 SF
Tenancy Multiple

Spaces For Lease

at 5320 Highland Rd Contact us

5320 1st Floor $12/SF/Yr

Size
900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Allos Properties
Listed By: Hadi Allos · License #MI000
Source: Crexi
Added: Mar 26 Changed: Sep 1 Last Checked: Aug 31 at 11:08PM

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 Allos Properties

Investment Insights

Based on property information with market context.

This retail offering includes two separately identified spaces along Highland Road in Waterford. The suite at 5320 Highland Rd contains 900 square feet, while the adjoining address grouping at 5310-12-14 Highland Rd provides 1,960 square feet.

Together, the spaces offer multiple retail configurations within the same Highland Road corridor. The property addresses are 5320 Highland Rd, Waterford, MI 48327 and 5310-12-14 Highland Rd, Waterford, MI 48327.

Key Highlights

  • 900 square feet at 5320 Highland Rd
  • 1,960 square feet at 5310‑12‑14 Highland Rd
  • Two separately identified retail spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby
290k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 25% Groceries 24% Home Improvements & Furnishings 3%
Kroger Groceries
49,207 visits/mo 0.3 miles
Aldi Groceries
20,835 visits/mo 0.2 miles
Mobil Shops & Services
19,223 visits/mo 0.3 miles
Five Below Shops & Services
19,080 visits/mo 0.2 miles
Starbucks Dining
18,791 visits/mo 0.4 miles

Demographics for 48327, MI

21,811
Population
9,864
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
94%
High-School Grad
11.3 sq mi
ZIP Area
1,930
Density / Sq Mi
$75,512
Median Household Income
$46,259
Median Earnings
$1,058
Median Rent
$241,600
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?
Retail space - Retail space comprising two separately identified commercial suites along Highland Road.
Where is this retail space located?
The property is located at 5320 Highland Rd Waterford, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 900 square feet at 5320 Highland Rd; 1,960 square feet at 5310‑12‑14 Highland Rd; Two separately identified retail spaces
More about this property
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