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    5300 Dixie Hwy Waterford Township, MI 48329

    For Lease
    $12 SF/Yr

    Waterford Twp retail space available.

    Lot size:
    31,929 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This prime Waterford Township, MI retail center, located at 5300-5360 Dixie Hwy (north of Walton), offers 31,929 square feet of space in a single, one-story building. Built in 1989 and renovated in 2022, this Class B property boasts 17 suites, with three spaces currently available, ranging from 1,200 to 3,294 square feet. The minimum divisible space is 1,200 square feet, while the maximum contiguous space is 4,574 square feet. A total of 11,669 square feet is currently vacant. The property sits on a 4.19-acre lot (APN 1304401002) and features ample parking. Recent upgrades include façade and parking lot improvements. Benefit from high visibility on Dixie Hwy, with over 35,000 vehicles passing daily. Monument signage is available. The property is zoned C-4 and is ideally situated near established businesses such as Jets Pizza, Pet Supplies Plus, and O'Reilly's Auto Parts. This is an excellent opportunity for retailers seeking high-traffic exposure in a thriving Oakland County location. The property's address is 5300 Dixie Hwy, Waterford Twp, MI 48329.

    Property Features for 5300 Dixie Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,929 SF
    Class
    B
    Total Rate
    34456.71

    Building Details

    Year Built/Renovated
    1989/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 5330
    Size
    1,200 SF
    Rate per SF
    $12
    Space
    Suite 5332
    Size
    1,200 SF
    Rate per SF
    $12
    Space
    Suite 5302
    Size
    3,294 SF
    Rate per SF
    $12

    HighLights

    • Join established tenants including Jets Pizza, Pet Supplies Plus, and O'Reilly's Auto Parts.
    • Recent façade and parking lot upgrades.
    • High visibility location on Dixie Hwy with over 35,000 vehicles per day.
    • Monument signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.393071739043
    Latitude
    42.695933271693

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    FAQs

    What type of property is this?
    Retail property - Waterford Twp retail space available.
    Where is this retail property located?
    The property is located at 5300 Dixie Hwy Waterford Township, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Join established tenants including Jets Pizza, Pet Supplies Plus, and O'Reilly's Auto Parts.; Recent façade and parking lot upgrades.; High visibility location on Dixie Hwy with over 35,000 vehicles per day.
    Request Owner's contact information
    5300 Dixie Hwy Waterford Township, MI 48329
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    Waterford Township, MI 48329
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5300 Dixie Hwy Waterford Township, MI 48329
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