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Retail Building with High Visibility
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7150 Cooley Lake Rd, Waterford Township, MI 48327

12,500 SF building with 9.5% cap rate.

Property Size12,500 SF
Price / SF$71.92
Days on Market2689

Property Features for 7150 Cooley Lake Rd

General Information

Standard status Active
Size 12,500 SF
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: NAI Farbman Southfield
Listed By: Brad Margolis · License #MI 6501371948
Source: Crexi
Added: May 31, 2019 Changed: Sep 25 Last Checked: Oct 7 at 12:07PM

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 tremendous visibility. The property features a 9.5% capitalization rate and rent escalations.

Key Highlights

  • 12,500 SF Building
  • Tremendous Visibility
  • Attractive 9.5% Cap Rate

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 12,500 SF building with 9.5% cap rate.
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: 12,500 SF Building; Tremendous Visibility; Attractive 9.5% Cap Rate
(248) 351-4367 Call to check price and availability
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