495 Summit Dr

495 Summit Dr, Waterford, MI 48328

Property Information

See Attachment

For Lease $18.00/SF/YR
Property Type Retail - Freestanding
Property Size 110,000 SF
Units 1
Lot Size 14.09 Acre
Parking Spaces Avail. 425
Parking Ratio 4.17 / 1,000 SF
Property Tenancy Single Tenant
Year Built 1991
Year Renovated 2018
Date Updated Apr 24, 2026

Description

Situated in the thriving Summit Mall Development District in Waterford, Michigan, 495 Summit Dr offers a prime location with excellent accessibility. The property benefits from its proximity to major thoroughfares, including Telegraph Rd, Elizabeth Lake Rd, and M-59 (Highland Road), which connects Waterford to neighboring communities and key commercial hubs. This high-visibility site is surrounded by a mix of retail, dining, and service-oriented businesses, making it an ideal location for a variety of commercial uses.Available for immediate lease, this 110,000 rentable square foot space is designed to accommodate a wide range of users, from retail to light industrial, athletic and showroom operations. The property is competitively positioned within the district, offering tenants unmatched accessibility, visibility, and operational convenience. Prospective tenants can take advantage of the property’s high ceilings, wide column spacing, and multiple access points, including seven loading docks and additional drive-in roll-up doors.

Highlights

Generous Parking: 425 surface parking spaces for staff and customers.
Modern Infrastructure: High ceilings and wide column spacing for adaptable interior configurations.
Prime Location: Excellent visibility and access within the Summit Mall Development District.
Proven Commercial Asset: Originally built for Sam's Club and most recently occupied by Tommy's Boats.
Robust Loading Capabilities: Seven loading docks and additional drive-in roll-up doors.
Signage Opportunity: Freestanding signage along Summit Drive.
Standalone Parcel: No adjacent property users for enhanced operational flexibility.
Versatile Space: Approximately 110,000 rentable square feet suitable for various uses.

1 Space Available

495 Summit Dr

Space Type

Freestanding

Lease Rate

$18.00/SF/YR

Total Space

110,000 SF

Divisible Space

110,000 - 110,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

Former Tommy's Boats dealership location and originally built for Sam's Club in 1991. Highly flexible big box with high ceilings and standalone parcel. 7 exterior docks and additional drive in doors accommodate flexible uses.