3870 Elizabeth Lake Rd

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3870 Elizabeth Lake Rd

Waterford, MI 48328
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

3870 Elizabeth Lake Road is situated in Waterford, Michigan, positioned within a established commercial corridor. The property sits near the intersection of Elizabeth Lake Road and Cass Elizabeth Road, providing visibility and proximity to residential neighborhoods. The surrounding area features a mix of local retailers, service providers, and dining options, including the nearby Summit Place development area. It is accessible via several major local thoroughfares and is located within a short drive of M-59, a primary east-west regional highway connecting Waterford to Pontiac and White Lake. The site is suited for retail businesses seeking neighborhood-level engagement and convenience-oriented footprints. Ideal use cases include boutique shops, specialized showrooms, or professional service offices such as insurance agencies or financial consultants. Typical tenants for this location include local entrepreneurs and regional service providers looking to capitalize on the steady traffic generated by nearby residential clusters and community amenities. The layout and location support businesses that prioritize accessibility for a local customer base within the Waterford and West Bloomfield market area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times