Retail Building with High
For Sale
$899,000
7150 Cooley Lake Rd, Waterford Township, MI 48327
12,500 SF building with 9.5% cap rate and escalations.
Property Size12,500 SF
Price / SF$71.92
Days on Market273
Property Features for 7150 Cooley Lake Rd
General Information
Standard status
Active
Size
12,500 SF
Property subtype
Retail
Building Details
Building Size
12,500 SF
Listing Agency:
NAI Farbman Southfield
(248) 351-4367
Listed By:
Brad Margolis · License #6501371948
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 10
Last Checked: Aug 20 at 4:26AM
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 NAI Farbman Southfield
Investment Insights
Based on property information with market context.
This 12,500 square foot retail building offers significant visibility. The property is under a ten-year lease with IncrediPets, with nine years remaining. The lease structure is attractive, featuring a 9.5% cap rate and rent escalations. Ample parking is available, and the property provides smooth ingress and egress.
Key Highlights
- 9.5% Cap Rate with Rent Escalations
- Ten‑year lease with IncrediPets (9 years remaining)
- 12,500 SF Building with Tremendous Visibility**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 12,500 SF building with 9.5% cap rate and escalations.
Where is this retail space located?
The property is located at 7150 Cooley Lake Rd Waterford Township, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 9.5% Cap Rate with Rent Escalations; Ten‑year lease with IncrediPets (9 years remaining); 12,500 SF Building with Tremendous Visibility**
