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37,740 SF Four Building Portfolio 4 Properties Offered at $4,884,324 CAD in Waterford, MI

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INVESTMENT HIGHLIGHTS

  • Four-building portfolio totaling 37,740 SF on 3.26 acres
  • Mix of retail, showroom, office, and warehouse uses—offering tenant diversity and flexibility
  • Zoned for Business and Industrial use
  • 15 units provide diverse income streams
  • 63% occupancy presents a clear value-add leasing opportunity
  • 310’ of prime frontage on Highland Rd (M-59) with 38,460 VPD

EXECUTIVE SUMMARY

P.A. Commercial is pleased to present the rare opportunity to acquire a four-building, multi-tenant portfolio strategically positioned along Highland Road (M-59) in Waterford, Michigan. Situated on 3.26 acres with Business Improved (BI) zoning, this offering combines a diverse mix of retail, office, showroom, and warehouse product—providing both immediate income and significant value-add potential.
The portfolio consists of 15 units across 37,740 SF with a current occupancy of 63%, creating an attractive opportunity for investors to unlock upside through active leasing and repositioning. With 310 feet of prime frontage along Highland Road—exposed to over 38,460 vehicles per day—the properties offer excellent visibility and accessibility. Tenants also benefit from ample on-site parking, a mix of pylon, monument, and building signage, and close proximity to regional anchors.

PROPERTY FACTS

Price $4,884,324 CAD
Price / SF $143.66 CAD / SF
Cap Rate 4%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 34,000 SF
Total Land Area 4.44 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
7677-7683 Highland Rd, Waterford, MI 48327 Industrial 10,000 SF 1989 -
1497-1509 Tull Dr, Waterford, MI 48327 Industrial 6,000 SF 1990 -
7675 Highland Rd, Waterford, MI 48327 Retail 15,000 SF 1947 -
7669 Highland Rd, Waterford, MI 48327 Retail 3,000 SF 1940 -
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  • Listing ID: 37992551

  • Date on Market: 2025-10-08

  • Last Updated:

  • Address: 37,740 SF Four Building Portfolio, Waterford, MI

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