Waterford – Two (2) Freestanding Industrial/Retail Investment Buildings

Daydreams Brick and Landscape Supply and a cannabis caregiver cultivation are available for sale. Built in 1952 and renovated in 2008, the property features two (2) freestanding industrial/retail/office buildings with HT-1, High Tech Office District zoning. Conveniently located on highly traveled Highland Road, which sees over 38,000 vehicles per day, the site benefits from exceptional visibility and accessibility. Surrounded by a dense residential community with over 129,000 people within a five-mile radius of the site. Tremendous synergy in the marketplace with established national and regional retailers.

Location Description

Waterford Township, MI, is a lake-rich suburb located 30 miles northwest of Detroit in Oakland County, with a population of over 70,000. Known for its 34 named lakes, including Cass and Elizabeth Lake, the area offers abundant recreational opportunities. It combines suburban living with small-town charm, featuring lakefront homes and public parks like Dodge #4 State Park. Waterford is also home to Oakland County International Airport and strong public services. Founded in 1834, it has a history rooted in farming, milling, and later, resort tourism.

Investment Highlights

• Long term occupancy since 2008 with Daydreams Brick and Landscape Supply with no Option Period.
• Upside to extend both leases or sign a replacement tenant(s) to increase the Lease PSF and convert to a NNN Lease for
• each building on the property.
• Assumable land contract with third-party land owner and attractive seller financing terms.
• Owner/User Opportunity and Long Term Redevelopment Opportunity on 0.61 Acres.
• Over 129,000 people within 5 miles of the subject property.