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Modern Warehouse Distribution Facility
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5400 Perry Drive, Waterford, MI 48329

Modern distribution facility with 44 docks, two drive-in doors, and 28-foot clear height, offering trailer storage and ample parking.

Space Size429,210 SF
Days on Market96

Property Features for 5400 Perry Drive

General Information

Standard status Active
Size 429,210 SF
Total Parking Spaces 280
Property subtype Industrial
Zoning M2 (General Industrial)

Building Details

Building Size 429,210 SF
Year Built 1979

Spaces For Lease

at 5400 Perry Drive
Whole Building
Size 429,210 SF
Type Warehouse/Distribution
Term Negotiable
Rate Contact for pricing
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Listing Agency: Friedman Integrated Real Estate - Corporate
Listed By: Jared Friedman · License #OH #BRKP.2022005666
Source: Friedmanrealestate
Added: Jul 26 Changed: Oct 28 Last Checked: Oct 28 at 7:01AM

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 Friedman Integrated Real Estate - Corporate

Rey
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Investment Insights

Based on property information with market context.

This modern warehouse distribution facility totals 429,210 square feet and is designed for efficient shipping and receiving. The building is equipped with 44 docks and 2 drive-in doors, supported by 28-foot clear heights.

The property sits on a 36-acre infill site with parking and trailer storage, including 128 surface parking spaces and 60 trailer spaces. It is positioned in an infill submarket with easy access from I-75 and Oakland County International Airport.

Additional site and market context is provided in the materials, including average household income of approximately $90,000 within a five-mile radius and reported vacancy rates of 3.8% market and 4.2% submarket.

Key Highlights

  • ±429,000 SF modern warehouse distribution facility on a ±36 AC infill site available for lease or sale
  • 44 dock doors plus 2 drive‑in doors with 28‑foot clear heights
  • On‑site parking for 128 vehicles and trailer storage for 60 trailers

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Hotel & Motel

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

312
Businesses Nearby

Demographics for 48329, MI

24,391
Population
10,249
Households
2.4
Avg Household Size
45
Median Age
29%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,368
Density / Sq Mi
$85,777
Median Household Income
$48,837
Median Earnings
$1,323
Median Rent
$245,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Distribution center - Modern distribution facility with 44 docks, two drive-in doors, and 28-foot clear height, offering trailer storage and ample parking.
Where is this distribution center located?
The property is located at 5400 Perry Drive Waterford, MI.
What are key features of this property?
This property features: ±429,000 SF modern warehouse distribution facility on a ±36 AC infill site available for lease or sale; 44 dock doors plus 2 drive‑in doors with 28‑foot clear heights; On‑site parking for 128 vehicles and trailer storage for 60 trailers
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