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    7362 Highland Rd Waterford Township, MI 48327

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Waterford Twp retail center.

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    M-59 Plaza, located at 7362 Highland Rd in Waterford Township, Michigan 48327, presents a fantastic opportunity for retail or restaurant businesses. This multi-tenant commercial property boasts a total of 20,000 square feet, with 8,000 square feet currently available for lease. The property offers excellent visibility and accessibility, situated on a major thoroughfare. Current tenants include established businesses such as Dollar Tree, Genisys Credit Union, and Michigan Works!, creating a strong and diverse tenant mix. The available space is highly adaptable, ranging from 3,400 to 8,000 square feet, allowing for flexibility in tenant needs. This prime location offers significant foot traffic and high visibility, making it an ideal space for businesses seeking to establish or expand their presence in the Waterford Township market. Attractive leasing incentives and pylon sign advertisement opportunities are available to enhance tenant visibility and marketing efforts. This is a rare opportunity to join a thriving retail center in a desirable location. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 7362 Highland Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,000 SF
    Space
    Space 1
    Size
    7,500 SF
    Space
    Space 2
    Size
    3,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.43369805
    Latitude
    42.66095425

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    FAQs

    What type of property is this?
    Restaurant - High-traffic Waterford Twp retail center.
    Where is this restaurant located?
    The property is located at 7362 Highland Rd Waterford Township, MI.
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    Waterford Township, MI 48327
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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
    7362 Highland Rd Waterford Township, MI 48327
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