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Waterford Towne Center 5111-5221 Highland Rd
1,400 - 7,681 SF of Retail Space Available in Waterford, MI 48327
Highlights
- Grocery-Anchored Center
- End Cap Opportunity
- Signalized Intersection /Multiple Curb Cuts
- National Co-Tenancy: Kroger, Starbucks, GNC, The UPS Store, Supercuts
- High Foot Traffic Counts / Excellent Traffic Counts
- Nearby: Aldi, Planet Fitness, ACE Hardware, McDonald’s, Dairy Queen, AutoZone, Hallmark, CVS
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5151 | 2,278 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 5157 | 2,603 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 5163 | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 5219 | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
5111-5167 Highland Rd - 1st Floor - Ste 5151
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
5111-5167 Highland Rd - 1st Floor - Ste 5157
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
5111-5167 Highland Rd - 1st Floor - Ste 5163
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
5205-5217 Highland Rd - 1st Floor - Ste 5219
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT Waterford Towne Center
- Tenant
- Description
- US Locations
- Reach
- GNC
- Nutrition Center
- 3,899
- International
- Kroger
- Supermarket
- 2,198
- National
- Starbucks
- Coffee
- 20,988
- International
- Supercuts
- Salon/Barber/Spa
- 4,081
- International
- The UPS Store
- Business/Copy/Postal Services
- 8,470
- International
| Tenant | Description | US Locations | Reach |
| GNC | Nutrition Center | 3,899 | International |
| Kroger | Supermarket | 2,198 | National |
| Starbucks | Coffee | 20,988 | International |
| Supercuts | Salon/Barber/Spa | 4,081 | International |
| The UPS Store | Business/Copy/Postal Services | 8,470 | International |
PROPERTY FACTS FOR 5111-5221 Highland Rd , Waterford, MI 48327
About the Property
KROGER ANCHORED SUPER CENTER Well-established neighborhood shopping center with anchored by national grocer and retailers situated at the southwest corner of Highland Road and Crescent Lake Rd with easy accessibility and multiple curb cuts. Join national and regional tenants such as Kroger, Starbucks, GNC, The UPS Store, Supercuts. Opportunity for end-cap space; signalized intersection, excellent foot traffic, professionally managed center. Situated along Highland Rd (M-59), major commercial corridor with over 154,000 residents living within a 5-mile radius and more than 35,500 cars per day. Waterford Towne Center - Grocery Anchored Neighborhood Center 5111-5167 Highland Rd (M-59), Waterford, MI 48327 SWC M-59 and Crescent Lake Rd
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
-
Wendy Acho -
Power Broker Carrie Weiss -
NAI Farbman
Presented by
Waterford Towne Center | 5111-5221 Highland Rd
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