5983 Highland Rd

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5983 Highland Rd

Waterford, MI 48327
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

5983 Highland Road is situated along a high-traffic commercial corridor in Waterford, Michigan. The property benefits from prominent visibility on M-59, a primary east-west artery connecting Oakland County. The surrounding neighborhood is characterized by a mix of established residential subdivisions and active commercial hubs. Nearby amenities include major big-box retailers, local dining establishments, and the Oakland County International Airport located just west of the site. The location offers direct access to regional transit routes, providing efficient connectivity for commuters from neighboring Pontiac and White Lake. The property’s layout and high-exposure frontage make it an ideal fit for general retail, specialty showrooms, or service-oriented businesses. Typical tenants for this asset class often include independent retailers, medical clinics, or professional service firms seeking high daily vehicle counts. The building’s flexible interior footprint supports diverse operations ranging from boutique storefronts to quick-service food concepts. This location is well-suited for businesses that prioritize local accessibility and consistent brand visibility within a dense suburban demographic.

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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

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