Retail Storefront Lease
For Lease
$1,700/Mo
5574 COOLEY LAKE Rd, Waterford, MI 48327
1,200-square-foot suite in Lakeview Plaza offers high-visibility storefront exposure with tenant-paid utilities and a 12-month lease term.
Property Size1,200 SF
Days on Market59
Property Features for 5574 COOLEY LAKE Rd
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Traffic Count
37,000 vehicles/day
Listing Agency:
Keller Williams Professionals
(734) 259-1100
Listed By:
Jeff Glover · License #6501317808
(734) 259-1100
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 30 at 11:13AM
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 Keller Williams Professionals
Investment Insights
Based on property information with market context.
Lakeview Plaza offers a 1,200-square-foot retail suite available for lease. The space has been described as clean and ready for the next buildout, providing a workable starting point for a tenant tailoring the interior to their concept. The unit was previously used as a dentist office for 35+ years, and the landlord notes the space is set up for the next user. Tenant is responsible for utilities. The lease term is 12 months or longer.
The shopping center is positioned for visibility with over 37,000+ vehicles per day, supporting consistent exposure for a retail storefront. Current tenants in the strip include Sushi Weng, Wonton Palace, Marco's Pizza, and Select Smoke Shop. Bike score is 21 and walk score is 15, reflecting a car-dependent area.
This suite is a practical option for retailers looking for an established location within a mix of nearby food and retail tenants. With a defined suite size, an in-place condition suitable for immediate next steps, and high daily traffic for signage exposure, it can work well for operators comfortable designing their space and managing utilities on their own under a longer-term lease.
The shopping center is positioned for visibility with over 37,000+ vehicles per day, supporting consistent exposure for a retail storefront. Current tenants in the strip include Sushi Weng, Wonton Palace, Marco's Pizza, and Select Smoke Shop. Bike score is 21 and walk score is 15, reflecting a car-dependent area.
This suite is a practical option for retailers looking for an established location within a mix of nearby food and retail tenants. With a defined suite size, an in-place condition suitable for immediate next steps, and high daily traffic for signage exposure, it can work well for operators comfortable designing their space and managing utilities on their own under a longer-term lease.
Key Highlights
- 1,200 SF suite available for lease at Lakeview Plaza
- Previously used as a dentist office for 35+ years
- High‑visibility shopping center with 37,000+ vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
37,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
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 20% above the average of $14.21 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 1,200-square-foot suite in Lakeview Plaza offers high-visibility storefront exposure with tenant-paid utilities and a 12-month lease term.
Where is this retail space located?
The property is located at 5574 COOLEY LAKE Rd Waterford, MI.
What is the lease rate?
The lease rate is $1,700 /Mo.
What are key features of this property?
This property features: 1,200 SF suite available for lease at Lakeview Plaza; Previously used as a dentist office for 35+ years; High‑visibility shopping center with 37,000+ vehicles per day
