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CONTACT
6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322
P: 248 538 2000 F: 248 538 9905
www.cmprealestategroup.com
LANCE NUMAN JORDAN JABBORI
[email protected] [email protected]
DOLPHIN PLAZAGRAND RIVER AVENUE AND ORCHARD LAKE ROAD, FARMINGTON, MI
AVAILABLE
AREA TENANTS
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
PROPERTY INFORMATION
Shopping Center Size 6,000 SF
Space Available 3,000 SF
Minimum Available 1,500 SF
Maximum Available 3,000 SF
Asking Rate $14.00 PSF
NNN Charge’s $4.00 PSF
Asking Price $700,000
Property Taxes $9,770.90/Annually
Parking 37 spaces
ADDRESS
31691-31715 GRAND RIVER AVENUE
FARMINGTON, MICHIGAN 48335
DOLPHIN PLAZA
PROPERTY SUMMARY
DEMOGRAPHICS
Population 210,117 people
Households 88,783 homes
Average Household Income $84,207/annually
Employees 170,784 employees
PROPERTY HIGHLIGHTS
Join Dolphin Plaza located on heavily traveled Grand River Avenue.
Renovations to the entire shopping center were completed within the last year,
including a brand new roof.
Shopping center is within close proximity to Downtown Farmington and
Farmington High School.
Property offers tremendous visibility and accessibility off Grand River ideal
for any retail, office or service user.
Site is surrounded by a strong residential population with over 200,000
residents within the 5-mile radius.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
DOLPHIN PLAZA
SITE PLAN
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DOLPHIN PLAZA
PROPOSED SITE PLAN
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DOLPHIN PLAZA
AERIAL MAP
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DOLPHIN PLAZA
PICTURES
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POPULATION 1 MILE 3 MILE 5 MILE
2021 Projection 12,594 113,252 296,410
2016 Estimate 12,254 109,866 288,407
2010 Census 12,075 106,619 279,834
Growth 2016-2021 2.77% 3.08% 2.77%
Growth 2010-2016 1.48% 3.05% 3.06%
2016 Population Hispanic Origin 223 1,925 5,239
2017 Population by Race:
White 4,968 67,608 166,413
Black 6,549 37,208 105,075
Am. Indian & Alaskan 11 240 649
Asian 332 2,479 10,179
Hawaiian & Pacific Island 9 47 94
Other 385 2,284 5,998
U.S. Armed Forces: 8 56 127
HOUSEHOLDS 1 Mile 3 Mile 5 Mile
2022 Projection 4,864 35,399 89,624
2017 Estimate 4,734 34,849 88,783
2010 Census 4,496 33,912 87,753
Growth 2017 - 2022 2.75% 1.58% 0.95%
Growth 2010 - 2017 5.29% 2.76% 1.17%
Owner Occupied 3,308 21,992 59,168
Renter Occupied 1,426 12,856 29,615
2017 Avg Household Income $76,758 $83,895 $84,207
2017 Med Household Income $61,853 $64,109 $63,875
2017 Households by Household Inc:
<$25,000 817 5,623 15,737
$25,000 - $50,000 1,077 7,786 19,159
$50,000 - $75,000 916 6,875 16,797
$75,000 - $100,000 741 4,714 11,610
$100,000 - $125,000 454 3,095 8,122
$125,000 - $150,000 355 2,689 5,881
$150,000 - $200,000 199 1,996 6,034
$200,000+ 174 2,069 5,442
DOLPHIN PLAZA
DEMOGRAPHICS
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
DAYTIME
EMPLOYMENT NUMBER OF BUSINESSES NUMBER OF EMPLOYEES
1 MILE 3 MILE 5 MILE 1 MILE 3 MILE 5 MILE
Total Businesses 796 3,735 12,948 6,133 37,432 170,784
Retail 110 413 1,300 870 4,369 18,716
Wholesale 29 139 419 205 1,617 6,353
Hospitality & Food Service 42 189 641 566 2,669 12,583
Real Estate, Renting, Leasing 39 177 647 188 1,717 6,270
Finance & Insurance 73 253 1,315 342 1,105 15,500
Information 11 70 335 122 837 7,027
Scientific & Technology Services 81 372 1,868 595 3,231 28,223
Management of Companies 0 2 8 0 6 41
Health Care & Social Assistance 173 1,035 3,262 1,624 11,565 28,349
Education Services 18 71 226 355 2,077 7,556
Public Administration & Sales 5 47 113 27 998 2,306
Arts, Entertainment, Recreation 16 47 150 157 450 2,492
Utilities 0 2 11 0 55 841
Admin Support & Waste Management 37 167 493 125 961 7,424
Construction 50 259 666 322 1,468 4,809
Manufacturing 23 122 421 145 1,348 13,679
Agriculture, Mining, Fishing 0 3 7 0 12 29
Other Services 89 367 1,066 490 2,947 8,586
DOLPHIN PLAZA
DEMOGRAPHICS – DAYTIME POPULATION
6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322
P: 248 538 2000F: 248 538 9905
SERVICES
FOLLOW US
Email: [email protected]
Website: www.cmprealestategroup.com
CONTACT
MARKET ANALYSIS LAND SALES ACQUISIONS PROPERTY MANAGEMENT
TENANT PEPRESENTATION COMMERCIAL LEASING DISPOSITION INVESTMENT SALES
CMP Real Estate Group @CMPRealEstate
Specializing in retail real estate services, our team is committed to working with each client in to
achieve their objectives from assisting with project leasing, site selection, acquisitions/dispositions of
income producing properties or property management.