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Retail/Office Space for Lease
For Lease
$20 SF/Yr

5500 Cooley Lake Rd, Waterford, MI 48327

1,200 SF retail or office space available for lease.

Property Size1,200 SF
Days on Market79

Property Features for 5500 Cooley Lake Rd

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial

Building Details

Year Built 1977
Listing Agency: Gerdom Realty & Investment
Listed By: Tjader Gerdom · License #6502357230
Source: Elliman
Added: May 15 Changed: Jul 10 Last Checked: Aug 1 at 8:20AM

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 Gerdom Realty & Investment

Investment Insights

Based on property information with market context.

This 1,200 square foot inline retail or office space is available for lease. The space is located in Lakeview Plaza on Cooley Lake Road at Cass Elizabeth Road, in the heart of Oakland County's lakes area. The center benefits from easy access at a lighted intersection, ample parking, and pylon signage. The available space is suitable for retail, restaurant, or office use. Lease terms are negotiable. The bike score is 21, indicating it is somewhat bikeable, and the walk score is 14, indicating it is car-dependent.

Key Highlights

  • Located in the heart of Oakland County's lakes area
  • Suitable for retail, restaurant, or office use
  • Easy access at a lighted intersection

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Auto Parts Store 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Marco's Pizza Dining
1,384 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

Lease Benchmarks for Waterford, MI

$14.21 /SF/Yr
Avg Asking Price
$6–$20 /SF/Yr
Price Range
3,185 SF
Avg Space Size

This space is priced 41% above the average of $14.21 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1,200 SF retail or office space available for lease.
Where is this retail space located?
The property is located at 5500 Cooley Lake Rd Waterford, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Located in the heart of Oakland County's lakes area; Suitable for retail, restaurant, or office use; Easy access at a lighted intersection
More about this property
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