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    White Lake Investment Property For Sale Title is generated by Realmo AI

    7755 Highland Rd, White Lake, MI

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    11,400 SF White Lake investment property built in 2020.

    Type:RETAIL
    Property size:
    11,400 SF
    Lot size:
    1.44 Acres
    Price / SF:
    $298/SF
    Added:
    Nov 24, 2025
    Days on Market:
    224
    Last Refresh:
    May 20 at 8:06 pm

    Property Features for 7755 Highland Rd

    General Information

    Standard status
    Active
    Size
    11,400 SF
    Lot size
    1.44 Acres
    Property subtype
    RETAIL

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    Matthew Wisniewski
    Matthew Wisniewski

    Listing office RE/MAX COMMERCIAL GROUP

    Listing date Nov 24, 2025

    Source Moodyscre

    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 RE/MAX COMMERCIAL GROUP

    HighLights

    • NNN Leased Investment Sale
    • Boasting a Gross Building Area of 11,400 SF (114' x 100')
    • Cap Rate: .0586%
    • Features 7‑10 Year Leases
    • Built in 2020
    • Located in the Center of White Lake on Highland Rd./M‑59 State Hwy.

    Overview

    This 11,400 square foot property, constructed in 2020, is located in White Lake on Highland Road/M-59 State Highway. The building dimensions are 114 feet wide by 100 feet deep. It is being offered as a NNN leased investment sale with a cap rate of 0.0586%. The property is currently leased to a carry-out restaurant, a dental group, and a veterinary hospital, with lease terms ranging from 7 to 10 years.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $246.2k $21.60
    − Vacancy −$16.7k −$1.47
    EGI $229.5k $20.13
    − OpEx −$57.4k −$5.03
    NOI $172.1k $15.10
    11,400 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,122 @ 7.0% cap · market cap 5.06%
    Second Best
    Healthcare Medical
    $2.20M
    $1.93M – $2.57M (±1% cap)
    NOI $154,269 @ 7.0% cap · market cap 4.54%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ROCO Supply, Inc. Big Box & Wholesale Store VCA White Lake ... Veterinary Clinic

    Suggested Use

    Real Estate Agency Law Firm Gym & Fitness Center Accounting Firm Hotel & Motel Nail Salon Grocery & Convenience Store HVAC Service Barber Shop Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Lake
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5075
    Latitude
    42.6501

    FAQs

    What type of property is this?
    Shopping center - 11,400 SF White Lake investment property built in 2020.
    Where is this shopping center located?
    The property is located at 7755 Highland Rd White Lake, MI.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: NNN Leased Investment Sale; Boasting a Gross Building Area of 11,400 SF (114' x 100'); Cap Rate: .0586%
    (517) 321-2800 Call to check price and availability
    More about this property
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