5900 Highland Rd Waterford, MI 48327

This exceptional industrial property, located at 5900 Highland Road in Waterford, Michigan, presents a unique investment opportunity. The 49,434 square foot building sits on a generous 7.28-acre lot, offering ample space for a variety of uses. Constructed in 1972 and completely renovated in 2023, the property boasts modern amenities and a fresh, updated interior. The building's design is versatile, with a front portion ideally suited for retail sales or client services, featuring private offices for management. This area's previous use as an automotive dealership showcases its suitability for businesses requiring high visibility and customer interaction. The property is currently partially leased, at just under 20% occupancy, with a lease extending to June 30, 2029. The owners are open to considering a triple-net (NNN) lease arrangement as an alternative to a fee-simple sale. This attractive offering comprises two parcels, identified as 1316352020 (6.359 acres) and 1316352029 (0.918 acres), providing significant flexibility and potential for future development. Priced at $4,800,000, this property represents a compelling investment in a desirable location with significant upside potential.