Highland Portfolio

P.A. Commercial is pleased to present the rare opportunity to acquire a four-building, multi-tenant portfolio strategically positioned along Highland Road (M-59) in Waterford, Michigan. Situated on 3.26 acres with Business Improved (BI) zoning, this offering combines a diverse mix of retail, office, showroom, and warehouse product—providing both immediate income and significant value-add potential. The portfolio consists of 15 units across 37,740 SF with a current occupancy of 63%, creating an attractive opportunity for investors to unlock upside through active leasing and repositioning. With 310 feet of prime frontage along Highland Road—exposed to over 38,460 vehicles per day—the properties offer excellent visibility and accessibility. Tenants also benefit from ample on-site parking, a mix of pylon, monument, and building signage, and close proximity to regional anchors.

• Four buildings totaling 37,740 SF on 3.26 acres
• 15 units provide diverse income streams
• Mix of retail, showroom, office, and warehouse uses—offering tenant diversity and flexibility
• 63% occupancy presents a clear value-add leasing opportunity
• Zoned for Business and Industrial use
• 310’ of prime frontage on Highland Rd (M-59) with 38,460 VPD
• Ample parking, multiple overhead doors, signage opportunities, and a storage yard
• Located in the desirable Waterford area, within proximity to amenities and services
• Directly across from Oakland County International Airport and near Pontiac Lake
• Cap Rate: 4.05% | Pro Forma Cap Rate: 12.9%