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Retail Space with M-59 Visibility
For Lease
$775/Mo

6695 HIGHLAND Rd 106, Waterford, MI 48327

Open retail space with utilities included and high visibility.

Space SizeContact for details
Property Size1,092 SF
Lot Size1.00 Acre
Days on Market164

Property Features for 6695 HIGHLAND Rd 106

General Information

Standard status Active
Size 1,092 SF
Lot size 1.00 Acre
Property subtype Commercial

Building Details

Building Size 1,092 SF
Listing Agency: Elite Realty
Listed By: Trisha Banks · License #6501321227
Source: Elliman
Added: Mar 11 Changed: Aug 10 Last Checked: Aug 20 at 10:01AM

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 Elite Realty

Investment Insights

Based on property information with market context.

This retail space, located on Highland Road, offers a flexible layout suitable for various business needs. The property is currently open and ready for customization, allowing tenants to finish it to their specifications or utilize it as is. Gas and electric utilities are included in the lease. The exterior of the building has been freshly painted. Situated on the busy M-59, the property benefits from high visibility. Tenants have 24/7 access to the space. The lease term is negotiable, with a minimum of one year. Common space is available for use, and there are no additional CAM costs.

Key Highlights

  • Gas and electric included.
  • Great visibility on busy M‑59.
  • 24/7 access to space.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Dental Office HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

400
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Beauty & Spa 5%
Suburban Ford Of Waterford Shops & Services
5,494 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
4,962 visits/mo 0.2 miles
Chase Bank Shops & Services
4,658 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,345 visits/mo 0.2 miles
Comerica Bank Shops & Services
1,985 visits/mo 0.3 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

$16.13 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
9,581 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Open retail space with utilities included and high visibility.
Where is this retail space located?
The property is located at 6695 HIGHLAND Rd 106 Waterford, MI.
What is the lease rate?
The lease rate is $775/Mo.
What are key features of this property?
This property features: Gas and electric included.; Great visibility on busy M‑59.; 24/7 access to space.
More about this property
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