Highland Portfolio

7675 Highland Rd, Waterford, MI 48327

Property Information

  • For Sale $3,499,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 37,740 SF
  • Units 15
  • Lot Size 3.26 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1947
  • Year Renovated 2001
  • Date Updated May 12, 2026
  • Grade Level Doors 12
  • Office Area 7,500 SF
  • Fire Sprinklers None
  • HVAC None

Description

Nestled in a thriving commercial hub, these properties are ideally located directly across from Oakland County International Airport, a hub for business and private aviation, and just steps from Pontiac Lake Recreation Area, a major regional attraction. The location also boasts an array of dining options, retail centers, and community services, providing a favorable environment for professionals and employees. With its strategic position and local charm, Waterford presents an enticing proposition for investors seeking a dynamic and vibrant locale for their next venture.P.A. Commercial is pleased to present the rare opportunity to acquire a four-building, multi-tenant portfolio strategically positioned along Highland Road (M-59) in Waterford, Michigan. Situated on 3.26 acres with Business Improved (BI) zoning, this offering combines a diverse mix of retail, office, showroom, and warehouse product—providing both immediate income and significant value-add potential. The portfolio consists of 15 units across 37,740 SF with a current occupancy of 63%, creating an attractive opportunity for investors to unlock upside through active leasing and repositioning. With 310 feet of prime frontage along Highland Road—exposed to over 38,460 vehicles per day—the properties offer excellent visibility and accessibility. Tenants also benefit from ample on-site parking, a mix of pylon, monument, and building signage, and close proximity to regional anchors.

Highlights

  • 15 units provide diverse income streams
  • 310’ of prime frontage on Highland Rd (M-59) with 38,460 VPD
  • 63% occupancy presents a clear value-add leasing opportunity
  • Ample parking, multiple overhead doors, signage opportunities, and a storage yard
  • Cap Rate: 4.05% | Pro Forma Cap Rate: 12.9%
  • Directly across from Oakland County International Airport and near Pontiac Lake
  • Four buildings totaling 37,740 SF on 3.26 acres
  • Located in the desirable Waterford area, within proximity to amenities and services
  • Mix of retail, showroom, office, and warehouse uses—offering tenant diversity and flexibility
  • Zoned for Business and Industrial use

Contacts

Mark Mamassian

P.A. Commercial

Location

Contact Listing Broker
Mark Mamassian

P.A. Commercial

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