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Inline Retail Space
For Lease
$20 SF/Yr

5500 Cooley Lake Road, Waterford, MI 48327

Commercial Lease, Waterford, MI

Space Size1,200 SF
Lot Size1.25 Acres
Days on Market129

Property Features for 5500 Cooley Lake Road

General Information

Property type Commercial Lease
Property subtype Retail
Fireplace 1
Elementary school district Waterford
Middle school district Waterford
High school district Waterford
Directions Cooley Lake Road, at Cass Elizabeth Road
Standard status Active
APN 13-33-126-009
Size 1,200 SF
Lot size 1.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description T3N, R9E, SEC 33 PART OF NW 1/4 BEG AT PT DIST S 677.02 FT & W 43.00 FT & S 07-02-41 W 223.73 FT, FROM N 1/4 COR, TH ALG CURVE CONCAVE WLY, RAD 911.93 FT, CHORD BEARS S 20-49-22 W 215.00 FT, DIST OF 216.05 FT, TH S 27-40-00 W 67.00 FT, TH S 44-45-30 E 44.09 FT, TH S 10-08-40 W 6.36 FT, TH N 44-32-10 W 247.79 FT, TH N 47-46-50 W 432.23 FT, TH S 73-30-25 E 596.02 FT TO BEG 1.25 A
Legal Description T3N, R9E, SEC 33 PART OF NW 1/4 BEG AT PT DIST S 677.02 FT & W 43.00 FT & S 07-02-41 W 223.73 FT, FROM N 1/4 COR, TH ALG CURVE CONCAVE WLY, RAD 911.93 FT, CHORD BEARS S 20-49-22 W 215.00 FT, DIST OF 216.05 FT, TH S 27-40-00 W 67.00 FT, TH S 44-45-30 E 44.09 FT, TH S 10-08-40 W 6.36 FT, TH N 44-32-10 W 247.79 FT, TH N 47-46-50 W 432.23 FT, TH S 73-30-25 E 596.02 FT TO BEG 1.25 A

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Amenities

pylon signage

Building Details

Year built 1977
Listing Agency: GRI Homes for Today
Listed By: Tjader Gerdom · License #6502367710
Added: May 2 Changed: Sep 7 Last Checked: Sep 7 at 5:06PM
MLS# 26022424

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,200-square-foot inline commercial suite is positioned within Lakeview Plaza and is offered for retail, restaurant, or office use. The property includes forced-air heating, natural gas availability, and a fireplace. The center was built in 1977 and occupies a 1.25-acre site.

Access is provided at the lighted intersection of Cooley Lake Road and Cass Elizabeth Road in Waterford, Michigan. The plaza offers on-site parking and pylon signage, providing practical visibility and access for customers, clients, and staff.

Key Highlights

  • 1,200 SF inline suite within Lakeview Plaza
  • Retail, restaurant, or office use supported
  • Access at the lighted intersection of 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

Yes
Paved road access
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible plaza location supports retail, restaurant, or office use with pylon signage and on-site parking.
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 suite within Lakeview Plaza; Retail, restaurant, or office use supported; Access at the lighted intersection of Cooley Lake Road and Cass Elizabeth Road
More about this property
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