Friedman Real Estate is proud to announce the successful sale of a 2,258-square-foot retail property in Waterford, Michigan. Located at 1302 W Huron Street, this transaction was brokered by Joel Kestenberg, who represented the seller. Joel specializes in the sale of single-tenant and multi-tenant net leased properties throughout the Midwest, delivering strategic solutions for investors in today’s competitive retail market.
Property and Transaction Details:
The property, situated on W Huron Street—a high-traffic corridor in Waterford—offers strong visibility and accessibility, making it an attractive investment for retail operators. Key details include:
- Property Type: Retail
- Size: 2,258 SF
- Location: 1302 W Huron Street, Waterford, MI
- Broker: Joel Kestenberg, Friedman Real Estate
- Role: Seller representation
This transaction underscores Friedman’s ability to execute deals efficiently and provide clients with expert guidance in maximizing property value.
About Joel Kestenberg and His Expertise:
Joel Kestenberg has built a reputation as a trusted advisor in the retail investment sales sector, focusing on net leased properties across the Midwest. His deep market knowledge and strong relationships allow him to deliver results that align with client objectives. Whether handling single-tenant assets or multi-tenant shopping centers, Joel’s approach combines strategic pricing, targeted marketing, and negotiation expertise to achieve optimal outcomes.
Why Waterford, MI Is Attractive for Retail Investment:
Waterford, Michigan, located in Oakland County, is a thriving suburban market with strong demographics and consistent consumer demand. Retail corridors like W Huron Street benefit from:
- High traffic counts and visibility
- Proximity to residential neighborhoods
- Stable tenant mix and long-term occupancy trends
These factors make Waterford an appealing location for investors seeking income-producing retail properties in a resilient Midwest market.
Retail Market Insights:
The Midwest retail market continues to demonstrate stability, even as national trends shift toward experiential retail and mixed-use developments. Investors are increasingly drawn to net leased retail properties for their predictable income streams and lower management responsibilities. In markets like Waterford, where consumer demand remains strong, these assets offer long-term value and consistent returns.
Friedman Real Estate’s Role in Retail Investment Sales:
Friedman Real Estate is a leading brokerage firm specializing in retail, office, industrial, and investment properties. Our team leverages market intelligence, innovative marketing strategies, and deep industry relationships to deliver results for clients across the Midwest and beyond. From single-tenant net leased assets to large shopping centers, Friedman provides end-to-end transaction support, ensuring a seamless process for buyers and sellers alike.
Learn More:
For more information about Friedman Real Estate’s retail investment sales services, click here
