5733 Elizabeth Lake Road

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

5733 Elizabeth Lake Road

waterford, MI 48327
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

5733 Elizabeth Lake Road is situated in Waterford, Michigan, along a well-traveled east-west corridor within Oakland County. The immediate neighborhood features a blend of residential subdivisions and established local businesses, creating a steady stream of local traffic. The property is located near the intersection of Cooley Lake Road and is approximately four miles west of the M-59 interchange, providing efficient access to the surrounding regional road network. Nearby amenities include several neighborhood shopping centers, community parks, and recreational lake access points. The property is suited for a variety of retail and service-oriented applications, ranging from boutique shops to professional offices. Given the residential density of the surrounding area, the location is optimal for tenants seeking to provide daily essential services to local households. Typical tenants for this asset type include neighborhood grocers, medical clinics, fitness studios, storefront salons, or specialty retailers. The site’s visibility and roadside placement cater to businesses that rely on consistent local commuter patterns and neighborhood proximity.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

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