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Inline Retail Space
For Lease
$20 SF/Yr

5500 Cooley Lake Road, Waterford, MI 48327

Flexible commercial suite suited to retail, restaurant, or office operations with parking and pylon signage.

Space Size1,200 SF
Days on Market30

Property Features for 5500 Cooley Lake Road

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Office

Additional Details

Flexible Term Yes
End Cap No

Amenities

ample parking
pylon signage

Building Details

Building Size 1,200 SF
Year Built 1977
Buildings 1
Listing Agency: GRI Homes for Today
Listed By: Tjader Gerdom · License #6502357230
Source: Buyatthelake
Added: Aug 1 Changed: Aug 29 Last Checked: Aug 25 at 6:59AM

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 GRI Homes for Today

Investment Insights

Based on property information with market context.

This 1,200 SF inline commercial suite is available for lease within Lakeview Plaza. The space supports retail, restaurant, or office use, providing flexibility for a range of commercial occupancies. Lease terms are negotiable.

The center sits at Cooley Lake Road and Cass Elizabeth Road in Commerce Charter Township, within Oakland County’s lakes area. Access is provided at a lighted intersection, while on-site parking and pylon signage support customer convenience and property identification. The center was built in 1977.

Key Highlights

  • 1,200 SF inline retail/office space available for lease
  • Suitable for retail, restaurant, or office use
  • Located at Cooley Lake Road and Cass Elizabeth Road

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

56
Businesses Nearby

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

$17.92 /SF/Yr
Avg Asking Price
$14.67–$20 /SF/Yr
Price Range
10,120 SF
Avg Space Size

This space is priced 12% above the average of $17.92 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial suite suited to retail, restaurant, or office operations with parking and pylon signage.
Where is this retail space located?
The property is located at 5500 Cooley Lake Road Waterford, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,200 SF inline retail/office space available for lease; Suitable for retail, restaurant, or office use; Located at Cooley Lake Road and Cass Elizabeth Road
More about this property
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