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  1. Commercial Properties
  2. MI
  3. Waterford

Rite Aid

For Sale

5983 Highland Rd, Waterford, MI 48327

Waterford is in the geographic center of Oakland County, Michigan, and is located about 35 miles north of Detroit, Michigan's largest city. Waterford has an estimated population of 72,166. With 32 lakes and streams throughout the community, there is plenty of opportunity for a diverse array of water sports activities (fishing, canoeing, skiing, tubing, sailing, and more). The parks, lakes, and streams also provide great winter fun. Snowmobiling, ice skating, and cross-country skiing keep visitors entertained. Oakland County is a county in the state of Michigan. It is part of the metropolitan Detroit area, located northwest of the city. As of the 2020 Census, its population was 1,274,395, making it the second-most populous county in Michigan, behind neighboring Wayne County. The county was founded in 1819and organized in 1820. Oakland County is composed of 62 cities, townships, and villages, and is part of the Detroit-Warren-Dearborn, MI Metropolitan Statistical Area. Oakland County is among the ten highest-income counties in the United States with a population of over one million people. The county's knowledge-based economic initiative, coined "Automation Alley", has developed one of the largest employment centers for engineering and related occupations in the United States. General Motors, Ford, and Chrysler are major employers within southeast Michigan and have a significant presence in Oakland County. It is also home to Oakland University, a large public institution that straddles the border between the cities of Auburn Hills and Rochester Hills..

Key features

  • excellent visibility and access
  • Former Rite Aid building positioned along Highland Road (M-59), one of Waterford’s most heavily traveled commercial corridors with
  • Less than 6 Miles from Pontiac Lake Recreation Averages 500K+ Visits per year and over 3700 Acres of rolling hills, trails, and woodlands
  • levels Diverse local economy supported by healthcare, manufacturing, retail, and education
  • Located at the Signalized Intersection of Highland Rd and Airport Rd Excellent daily traffic counts exceeding 40,000 vehicles per day
  • Located in a dense retail trade area surrounded by national tenants such as Kroger, Meijer, Home Depot, Planet Fitness, and McDonald’s
  • Only 1 Mile from Oakland County International Airport
  • Waterford Township is part of the Detroit metropolitan area, benefiting from steady population density and household income
  • Within 5 Minutes from multiple Golf Courses including White Lake Oaks Golf Course and Pontiac Country Club

Building Details

  • For Sale $2,200,000
  • Property Type Retail - Freestanding
  • Property Size 14,564 SF
  • Units 1
  • Lot Size 2.2 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Year Built 2008
  • Date Updated Sep 18, 2026
Want more info on this listing?

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

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Contacts

broker
Evan Lyons

Encore Real Estate Investment Services

Location

  • City Waterford, MI
  • Zip Code 48327
  • Market Detroit
  • Map
  • Street
  • Walk score 42/100 Car-Dependent
  • Bike score 37/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Pontiac

6.02 miles

Mobil

0.05 miles

Speedway

0.09 miles

Shell

0.31 miles

Marathon

0.89 miles

Kroger

1.03 miles

VC Pit Stop

1.28 miles

Meijer

1.76 miles

Sunoco

2.10 miles

Auburn Hills, MI Supercharger

6.75 miles

Sun Country

6.77 miles

Waterford Schools Bus Garage

1.38 miles

Fish Hatchery parking

1.77 miles

Lot G

2.68 miles

Lot F - Employee Parking

2.86 miles

Handicap Parking

2.89 miles

Lot E - Employee & Handicap Parking

3.00 miles

Lot B - Employee Parking

3.03 miles

Lot C

3.06 miles

Lot D

3.07 miles

Lot A

3.09 miles

Kroger

0.91 miles

ALDI

0.92 miles

Value Center Marketplace

1.24 miles

Gordon Food Service

1.76 miles

Meijer

1.92 miles

Tenuta's Food Lane

2.69 miles

Big Lots

2.92 miles

Walmart Supercenter

3.19 miles

Forman Mills

4.39 miles

Neimans Family Market

4.56 miles

Listing Summary

  • What is the asking price at Rite Aid?

    Rite Aid is currently listed for sale at Price on request.

  • What is the total size of Rite Aid?

    Rite Aid has a total of 14,564 square feet.

  • What is the year built for Rite Aid?

    The year built for Rite Aid is 2008.

Contact Evan Lyons
broker
Evan Lyons

Encore Real Estate Investment Services

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