5384 Highland Rd Waterford Township, MI 48327
Wine Captain Plaza, a single-story, 6,254 square foot retail building located at 5384 Highland Rd, Waterford Township, MI 48327, offers a prime retail opportunity. This C-3 zoned property, built in 1996, sits on a 0.6-acre lot and features two suites. Currently, 3,000 square feet of retail space is available for lease. The building enjoys exceptional visibility due to its location on Highland Road, a major thoroughfare in Waterford Township, situated between Airport Road and Crescent Lake, providing high traffic counts. The property offers convenient on-site parking, with additional overflow parking available. Signage opportunities are available to enhance business visibility. The Lakes Area submarket of Waterford Township boasts a population exceeding 70,000, offering a strong customer base. This location provides easy access to M-59, further enhancing its accessibility and visibility. The available space is ideal for a variety of retail businesses seeking a high-traffic location with ample parking and signage opportunities in a thriving community. The property features no elevators.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.