5983 Highland Rd Waterford, MI 48327-1868

This exceptional retail property presents a unique investment opportunity in the thriving Waterford, Michigan market. The former Rite Aid building, boasting 14,564 square feet, sits on a generous 2.20-acre lot. Its strategic location at a signalized intersection of Highland Road and Airport Road ensures maximum visibility and accessibility, benefiting from a combined daily traffic count of 61,922 vehicles. This high-traffic area guarantees significant exposure for any business. The property is surrounded by a robust retail environment, with established national brands such as Meijer, Walmart, Kroger, Aldi, Starbucks, and Panera Bread in close proximity, creating a synergistic and desirable retail cluster. The strong demographics further enhance the property's appeal, with a population of 53,153 residents within a 3-mile radius, providing a substantial customer base. This former pharmacy offers ample space and a proven track record, making it an ideal location for a variety of retail ventures. The property's size and location in Oakland County, Michigan, combined with the high traffic counts and established retail neighbors, make this a compelling opportunity for investors and businesses seeking a prominent presence in a busy and successful retail corridor. The 48327 zip code offers easy access to major transportation routes, further enhancing its appeal.