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For Lease

495 Summit Dr

495 Summit Dr, Waterford, MI 48328

110,000

SF Available
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 Types Freestanding
  • Lease Type NNN
  • Date Updated Apr 24, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

495 Summit Dr

  • Space Type Freestanding
  • Lease Rate $18.00/SF/YR
  • 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.

broker
Paul DeBono

Beanstalk Real Estate Solutions

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
  • 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

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Car-Dependent (18)
  • Bike Score ®

    Somewhat Bikeable (33)
Powered by Walk Score ®

Location

  • City Waterford, MI
  • Zip Code 48328
  • Market Detroit
  • Map
  • Street

Points of Interest

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

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

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

495 Summit Dr Listing Summary

  • The Price for Retail Space at 495 Summit Dr

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 495 Summit Dr, asking rent starts at $$18.00/SF/YR per square foot.

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

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 495 Summit Dr was last renovated in 2018.

  • Retail Space Options Available at 495 Summit Dr

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

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. The property includes 1 large retail space(s) 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. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
broker
Paul DeBono

Beanstalk Real Estate Solutions

  1. 1Main information
  2. 2Extra information
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