Lease, Sale, Redevelopment Opportunity
|Catylist Listing ID:
Convenience Store, Free-Standing Building, Mixed Use, Movie Theatre, Restaurant, Retail-Pad, Other
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
|Property Use Type:
||Cash to Seller
Overview / Comments
The subject property is a 230,500 SF former Sears that is located at the north end of the Summit Place Mall (pending redevelopment), in Waterford Township, Michigan. The existing building is positioned on 22.5 acres of land and is available in this attractive and growing market with 727 feet of frontage on Telegraph Road. Telegraph road splits the boarder of Pontiac and Waterford Township. The property can be reused or redeveloped, and offers Pad Site opportunities. The subject is located in the center of Oakland County with Telegraph Road frontage, a growing location among commercial and residential population and is in close proximity to the Oakland County Court house, Oakland County Sheriff’s Office, Oakland County Health Division, Oakland Schools Conference Center, Oakland County Road Commission, and many new administrative functions. The site is currently zoned C-4; Extensive Business, allowing for many types of users. The property boasts excellent visibility, access, and strong residential and commercial density!
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