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5983 Highland Rd
Waterford, MI 48327
Rite Aid - For Sale or Lease · Retail Property For Sale
Investment Highlights
- Former Rite Aid building positioned along Highland Road (M-59), one of Waterford’s most heavily traveled commercial corridors
- Waterford Township is part of the Detroit metropolitan area, benefiting from steady population density and household income levels
- Located in a dense retail trade area surrounded by national tenants such as Kroger, Meijer, Home Depot, Planet Fitness, and McDonald’s
- Located at the Signalized Intersection of Highland Rd and Airport Rd | Excellent daily traffic counts exceeding 40,000 vehicles per day
- Less than 6 Miles from Pontiac Lake Recreation | Averages 500K+ Visits per year and over 3700 Acres of rolling hills, trails, and woodlands
- Only 1 Mile from Oakland County International Airport
Executive Summary
Former Rite Aid building positioned along Highland Road (M-59), one of Waterford’s most heavily traveled commercial corridors with excellent visibility and access
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,496 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.20 AC
Zoning
AI
Parking
29 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 13-21-101-023 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,490,987 CAD |
Property Taxes
Parcel Number
13-21-101-023
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,490,987 CAD
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