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    4190 Pontiac Lk Rd Waterford Township, MI 48328

    Sponsored
    For Lease
    $10 SF/Yr

    Waterford Twp, MI retail opportunity

    Lot size:
    50,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Pine Tree Plaza, located at 4190 Pontiac Lake Road in Waterford Township, Michigan, offers 50,200 square feet of retail, restaurant, and special purpose space in a single-story Class B building. This high-visibility location directly across from a Meijer Supercenter boasts over 21,000 vehicles passing daily. The property features a diverse tenant mix, including restaurants and medical offices, creating a vibrant commercial environment. Available spaces range from 833 to 7,000 contiguous square feet, with a total of 18,591 square feet currently vacant. The property is situated on a major commercial corridor, just north of M-59, providing excellent accessibility. With a strong demographic base of over 217,200 residents within a 15-minute drive, Pine Tree Plaza presents a compelling opportunity for businesses seeking high visibility and a thriving customer base in Oakland County. The property includes pylon signage and offers flexible space options suitable for various retail, restaurant, and medical uses. The absence of elevators should be noted. This prime location offers a chance to establish or expand your business within a well-established and successful shopping center. The property is in Waterford Twp, MI, zip code 48328.

    Property Features for 4190 Pontiac Lk Rd

    General Information

    Property type
    Airport retail
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,200 SF
    Class
    B
    Total Rate
    41833.33

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 4230
    Size
    1,200 SF
    Rate per SF
    $10
    Space
    Suite 4196
    Size
    3,674 SF
    Rate per SF
    $10
    Space
    Suite 4236
    Size
    1,200 SF
    Rate per SF
    $10
    Space
    Suite 4228
    Size
    1,145 SF
    Rate per SF
    $10
    Space
    Suite 4194
    Size
    833 SF
    Rate per SF
    $10
    Space
    Suite 4242-4246
    Size
    7,000 SF
    Rate per SF
    $10
    Space
    Suite 4220
    Size
    1,145 SF
    Rate per SF
    $10
    Space
    Suite 4222
    Size
    833 SF
    Rate per SF
    $10
    Space
    Suite 4224
    Size
    3,340 SF
    Rate per SF
    $10
    Space
    Suite 4188-4190
    Size
    2,506 SF
    Rate per SF
    $10
    Space
    Suite 4226
    Size
    833 SF
    Rate per SF
    $10
    Space
    Suite 4208
    Size
    2,345 SF
    Rate per SF
    $10

    HighLights

    • High‑visibility end‑cap space across from a Meijer Supercenter.
    • Outparcel available, ideal for fast food or bank use.
    • Hair salon space currently available for lease.
    • Diverse tenant mix including medical, retail, and restaurant uses.
    • Existing tenants experiencing increased sales.
    • Join national and regional tenants such as Jets Pizza, Jenny Craig, and La Marsa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Airport retail

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -83.37080249
    Latitude
    42.65516335

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    FAQs

    What type of property is this?
    Airport retail - Waterford Twp, MI retail opportunity
    Where is this airport retail located?
    The property is located at 4190 Pontiac Lk Rd Waterford Township, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: High-visibility end-cap space across from a Meijer Supercenter.; Outparcel available, ideal for fast food or bank use.; Hair salon space currently available for lease.
    Request Owner's contact information
    4190 Pontiac Lk Rd Waterford Township, MI 48328
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    Waterford Township, MI 48328
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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
    4190 Pontiac Lk Rd Waterford Township, MI 48328
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