5623-5725 Dixie Hwy Waterford Township, MI 48329
Waterfall Plaza, a multi-tenant retail shopping center in Oakland County, presents a compelling investment opportunity. This 16,476 square foot property boasts a prime location on Dixie Highway, experiencing over 35,000 vehicles per day, ensuring high visibility and accessibility for potential tenants. The center offers multiple ingress and egress points, enhancing convenience for both customers and employees. Currently, there are five available spaces ranging from a minimum of 1,260 square feet to a maximum contiguous space of 3,750 square feet, totaling 7,530 square feet of vacant space. The property features ample parking with 238 spaces available. Its strategic location makes it ideal for a variety of businesses catering to daily needs, including salons, beauty services, medical practices, financial services, offices, pet stores, or pet grooming services. This well-positioned retail center offers a strong potential for immediate occupancy and long-term growth. The property's high traffic count and convenient access make it an attractive option for businesses seeking a thriving retail environment.
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.