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For Sale

Rite Aid

5983 Highland Rd,
Waterford, MI 48327
Represented by
Encore Real Estate Investment Services

Asset Snapshot

Regional Mall
Retail Subtype
2008
Year Built
1
Floor Count
2.20 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

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Investment Highlights

  • Former Rite Aid building positioned along Highland Road (M-59), one of Waterford’s most heavily traveled commercial corridors with
  • excellent visibility and access
  • Located at the Signalized Intersection of Highland Rd and Airport Rd | Excellent daily traffic counts exceeding 40,000 vehicles per day
  • Waterford Township is part of the Detroit metropolitan area, benefiting from steady population density and household income
  • levels | Diverse local economy supported by healthcare, manufacturing, retail, and education
  • Less than 6 Miles from Pontiac Lake Recreation | Averages 500K+ Visits per year and over 3700 Acres of rolling hills, trails, and woodlands
  • Located in a dense retail trade area surrounded by national tenants such as Kroger, Meijer, Home Depot, Planet Fitness, and McDonald’s
  • Only 1 Mile from Oakland County International Airport
  • Within 5 Minutes from multiple Golf Courses including White Lake Oaks Golf Course and Pontiac Country Club

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$2,200,000
Asking Price

Investment Sales Brokers

Evan Lyons
Encore Real Estate Investment Services
Evan Lyons
Encore Real Estate Investment Services