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  1. Retail Space
  2. MI
  3. Waterford

495 Summit Dr

For Lease 110,000 SF

495 Summit Dr, Waterford, MI 48328

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.

Key features

  • 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.

Rental Details

  • Number of spaces 1
  • Total square feet available 110,000 SF
  • For Lease $18.00/SF/YR
  • Space Type Freestanding
  • Lease Type NNN
  • Latest Update Nov 3, 2026
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Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
495 Summit Dr Freestanding $18.00/SF/YR 110,000 SF - NNN

495 Summit Dr

Space Type

Freestanding

Lease Rate

$18.00/SF/YR

Additional Rent

Price on request

Total Space Available

110,000 SF

Divisible Space

110,000 - 110,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

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.

495 Summit Dr

Space Type
Freestanding
Lease Rate
$18.00/SF/YR
Total Space
110,000 SF
Lease Type
NNN
Space Type

Freestanding

Lease Rate

$18.00/SF/YR

Additional Rent

Price on request

Total Space Available

110,000 SF

Divisible Space

110,000 - 110,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

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.

Contacts

broker
Paul DeBono

Beanstalk Real Estate Solutions

Building Details

  • For Lease $18.00/SF/YR
  • Property Type Retail - Freestanding
  • Property Size 110,000 SF
  • Units 1
  • Lot Size 14.09 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 425
  • Parking Ratio 4.17 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 1991
  • Year Renovated 2018
  • Date Updated Nov 3, 2026

Location

  • City Waterford, MI
  • Zip Code 48328
  • Market Detroit
  • Map
  • Street
  • Walk score 18/100 Car-Dependent
  • Bike score 33/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Pontiac

2.42 miles

BP

0.74 miles

Marathon

0.75 miles

Clark

1.11 miles

Mobil

1.14 miles

Speedway

1.19 miles

Sunoco

1.47 miles

Auburn Hills, MI Supercharger

4.72 miles

Sun Country

4.74 miles

Waterford Schools Bus Garage

2.26 miles

Phoenix Center

2.44 miles

Fish Hatchery parking

2.58 miles

Boat Trailer Parking

2.81 miles

Pontiac School Bus Yard

3.62 miles

Medical Office Building Parking

3.66 miles

North Campus Associate Parking

3.66 miles

East Campus Associate Parking

3.72 miles

Emergency Parking

3.74 miles

Commerce Road Parking

3.78 miles

Big Lots

0.75 miles

Forman Mills

0.80 miles

Meijer

1.71 miles

Gordon Food Service

1.88 miles

Save-A-Lot

2.38 miles

Kroger

2.75 miles

ALDI

2.81 miles

Better Health Market & Cafe

3.15 miles

TJ Maxx

3.33 miles

Bloomfield Town Square

3.37 miles

Listing Summary

  • Retail Space Costs at 495 Summit Dr

    The asking rent for retail space in this property starts at $18.00/SF/YR.

  • Property Characteristics

    495 Summit Dr offers 425 parking spots, making for a parking ratio of 4.17 / 1,000 SF.

  • Retail Space Available

    The property exclusively contains Freestanding space totaling 110,000 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • 495 Summit Dr includes 1 large retail space of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations.
Contact Paul DeBono
broker
Paul DeBono

Beanstalk Real Estate Solutions

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