7362 Highland Rd, Waterford, MI 48327-1508
M-59 Plaza, located at 7362 Highland Rd in Waterford Township, Michigan 48327, presents a fantastic opportunity for retail or restaurant businesses. This multi-tenant commercial property boasts a total of 20,000 square feet, with 8,000 square feet currently available for lease. The property offers excellent visibility and accessibility, situated on a major thoroughfare. Current tenants include established businesses such as Dollar Tree, Genisys Credit Union, and Michigan Works!, creating a strong and diverse tenant mix. The available space is highly adaptable, ranging from 3,400 to 8,000 square feet, allowing for flexibility in tenant needs. This prime location offers significant foot traffic and high visibility, making it an ideal space for businesses seeking to establish or expand their presence in the Waterford Township market. Attractive leasing incentives and pylon sign advertisement opportunities are available to enhance tenant visibility and marketing efforts. This is a rare opportunity to join a thriving retail center in a desirable location. Contact us today to learn more about leasing options and to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
BI · Waterford, MIWaterford. Always verify with local authorities before improvements.
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.