Multi-Tenant Retail
Neighborhood Retail Center at $89/SF | Prime M‑59 Frontage | No Tenant Options Remaining
935 W Huron St. , Waterford, MI 48328
Listing Price: $2,397,333
Click To Access Offering Memorandum- Cap Rate5.71%
- Building SF26903
- Price/SF89.11
- Year Built / Renovated1972
Investment Highlights
Key Property Highlights
- Prime frontage near the signalized intersection of M‑59 West Huron Street and S. Telegraph Road with a combined traffic count of 43,550 vehicles per day.
- 90.34% occupied with a stable tenant base and strong upside potential driven by the current vacancy and no tenant renewal options remaining.
- Strong demographics with more than 333,000 residents and 150,000 households within a five mile radius, and an average household income of $102,949.
- Anchored by Joe’s Army Navy, a 9,840 SF destination retailer on a NNN lease with more than 30 years of established regional draw.
- Situated within a dense residential area and an established commercial corridor supported by Meijer, Kroger, The Home Depot, Target, and Costco.
Additional Highlights
- Minutes from major regional destinations including Great Lakes Crossing Outlets, Pine Knob Music Theatre, M1 Concourse, and multiple hospital campuses.
- Supported by nearby Oakland University and two Oakland Community College campuses generating strong employment and student activity.
- Located within active redevelopment zones including Downtown Pontiac revitalization and Waterford Township’s Master Plan 2044.
- Adjacent to a potential redevelopment catalyst tied to the anticipated sale of the OCC Highland Lakes Campus.
- Located in affluent Oakland County, one of Michigan’s strongest and most economically resilient counties.
Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613