2569 Union Lake Rd. Commerce, MI 48382

For Sale - Option Plaza

Disclosure: We obtained this information from sources we believe to be reliable; however, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property or business. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Summary:• 100% occupied 5,000 SF

Retail/Office/Medical Plaza• Longstanding and successful

tenants• Owner willing to sign, new

Lease on two of the spaces

• $15 SF average rentals• Area Tenants include Kroger,

Starbucks, Burger King• $50,000 Plus net Annually

• Asking $650,000 – 8% CAP

Locations Commercial Real Estate Services32000 Northwestern Highway, Ste. 275Farmington Hills, MI 48334248-516-7777 • www.LocationsMI.com

Contacts:Nadir JiddouDirect: 248 206-2533Nadir@LocationsMI.com

Harry DikhoDirect: 248 939-9976Harryd@LocationsMI.com

2569 Union Lake Rd Commerce, MI

2569 Union Lake Rd Commerce, MI

Tenants

2569 Union Lake Rd Commerce, MI

-100%0 SF

19885,040 SFStorefront Retail/OfficeGeneral Retail

Rent/SF/Yr:% Leased:

Total Available:

Year Built:GLA:

Secondary:Building Type:

Radius 1 Mile 3 Mile 5 MilePopulation

2022 Projection 6,331 48,780 137,4812017 Estimate 6,104 47,536 134,0422010 Census 5,480 45,392 128,332

Growth 2017 - 2022 3.72% 2.62% 2.57%Growth 2010 - 2017 11.39% 4.72% 4.45%

2017 Population by Age 6,104 47,536 134,042Age 0 - 4 312 5.11% 2,534 5.33% 7,158 5.34%Age 5 - 9 337 5.52% 2,714 5.71% 7,483 5.58%Age 10 - 14 408 6.68% 3,165 6.66% 8,478 6.32%Age 15 - 19 435 7.13% 3,303 6.95% 8,762 6.54%Age 20 - 24 395 6.47% 3,041 6.40% 8,227 6.14%Age 25 - 29 345 5.65% 2,789 5.87% 7,925 5.91%Age 30 - 34 314 5.14% 2,596 5.46% 7,626 5.69%Age 35 - 39 315 5.16% 2,588 5.44% 7,529 5.62%Age 40 - 44 369 6.05% 2,963 6.23% 8,383 6.25%Age 45 - 49 441 7.22% 3,496 7.35% 9,626 7.18%Age 50 - 54 504 8.26% 3,978 8.37% 10,733 8.01%Age 55 - 59 518 8.49% 4,030 8.48% 10,860 8.10%Age 60 - 64 454 7.44% 3,437 7.23% 9,446 7.05%Age 65 - 69 358 5.87% 2,657 5.59% 7,608 5.68%Age 70 - 74 247 4.05% 1,783 3.75% 5,397 4.03%Age 75 - 79 151 2.47% 1,064 2.24% 3,498 2.61%Age 80 - 84 95 1.56% 658 1.38% 2,396 1.79%Age 85+ 106 1.74% 739 1.55% 2,908 2.17%

Age 65+ 957 15.68% 6,901 14.52% 21,807 16.27%

Median Age 42.60 41.80 42.30Average Age 40.30 39.70 40.50

Demographic Detail ReportOption Plaza

2569 Union Lake Rd, Commerce Township, MI 48382

Copyrighted report licensed to Locations Commercial Real Estate Services LLC - 787204.3/1/2018

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2569 Union Lake Rd Commerce, MI

Demographic Detail ReportOption Plaza

2569 Union Lake Rd, Commerce Township, MI 48382Radius 1 Mile 3 Mile 5 Mile

2017 Population By Race 6,104 47,536 134,042White 5,638 92.37% 42,990 90.44% 115,920 86.48%Black 177 2.90% 1,758 3.70% 8,494 6.34%Am. Indian & Alaskan 15 0.25% 121 0.25% 365 0.27%Asian 177 2.90% 1,777 3.74% 6,580 4.91%Hawaiian & Pacific Island 1 0.02% 9 0.02% 31 0.02%Other 96 1.57% 882 1.86% 2,652 1.98%

Population by Hispanic Origin 6,104 47,536 134,042Non-Hispanic Origin 5,952 97.51% 46,268 97.33% 129,825 96.85%Hispanic Origin 152 2.49% 1,268 2.67% 4,217 3.15%

2017 Median Age, Male 41.30 40.70 40.802017 Average Age, Male 39.50 38.90 39.40

2017 Median Age, Female 43.80 42.80 43.702017 Average Age, Female 41.00 40.40 41.50

2017 Population by OccupationClassification

4,958 38,464 109,173

Civilian Employed 3,263 65.81% 25,544 66.41% 70,714 64.77%Civilian Unemployed 118 2.38% 964 2.51% 3,132 2.87%Civilian Non-Labor Force 1,575 31.77% 11,947 31.06% 35,313 32.35%Armed Forces 2 0.04% 9 0.02% 14 0.01%

Households by Marital StatusMarried 1,421 10,858 29,531Married No Children 777 5,861 16,713Married w/Children 644 4,997 12,818

2017 Population by Education 4,417 34,598 99,293Some High School, No Diploma 222 5.03% 1,713 4.95% 6,159 6.20%High School Grad (Incl Equivalency) 833 18.86% 7,141 20.64% 20,778 20.93%Some College, No Degree 1,141 25.83% 9,350 27.02% 28,299 28.50%Associate Degree 203 4.60% 1,820 5.26% 5,358 5.40%Bachelor Degree 1,224 27.71% 8,660 25.03% 23,076 23.24%Advanced Degree 794 17.98% 5,914 17.09% 15,623 15.73%

Copyrighted report licensed to Locations Commercial Real Estate Services LLC - 787204.3/1/2018

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2569 Union Lake Rd Commerce, MI

Demographic Detail ReportOption Plaza

2569 Union Lake Rd, Commerce Township, MI 48382Radius 1 Mile 3 Mile 5 Mile

2017 Population by Occupation 6,124 47,899 132,762Real Estate & Finance 262 4.28% 2,144 4.48% 5,475 4.12%Professional & Management 2,005 32.74% 15,391 32.13% 41,556 31.30%Public Administration 105 1.71% 854 1.78% 1,964 1.48%Education & Health 699 11.41% 5,519 11.52% 15,308 11.53%Services 332 5.42% 3,142 6.56% 9,312 7.01%Information 65 1.06% 406 0.85% 1,187 0.89%Sales 829 13.54% 6,658 13.90% 18,995 14.31%Transportation 0 0.00% 29 0.06% 75 0.06%Retail 389 6.35% 3,069 6.41% 9,162 6.90%Wholesale 121 1.98% 859 1.79% 2,288 1.72%Manufacturing 571 9.32% 4,298 8.97% 11,723 8.83%Production 266 4.34% 2,209 4.61% 6,372 4.80%Construction 259 4.23% 1,658 3.46% 4,140 3.12%Utilities 64 1.05% 564 1.18% 1,904 1.43%Agriculture & Mining 3 0.05% 55 0.11% 125 0.09%Farming, Fishing, Forestry 0 0.00% 0 0.00% 29 0.02%Other Services 154 2.51% 1,044 2.18% 3,147 2.37%

2017 Worker Travel Time to Job 3,113 24,244 67,405<30 Minutes 1,511 48.54% 11,364 46.87% 33,715 50.02%30-60 Minutes 1,448 46.51% 11,175 46.09% 29,201 43.32%60+ Minutes 154 4.95% 1,705 7.03% 4,489 6.66%

2010 Households by HH Size 2,024 16,812 49,6571-Person Households 388 19.17% 3,435 20.43% 12,095 24.36%2-Person Households 698 34.49% 5,564 33.10% 16,645 33.52%3-Person Households 365 18.03% 3,040 18.08% 8,402 16.92%4-Person Households 374 18.48% 3,043 18.10% 7,788 15.68%5-Person Households 148 7.31% 1,215 7.23% 3,212 6.47%6-Person Households 36 1.78% 380 2.26% 1,083 2.18%7 or more Person Households 15 0.74% 135 0.80% 432 0.87%

2017 Average Household Size 2.70 2.70 2.60

Households2022 Projection 2,337 18,106 53,4572017 Estimate 2,253 17,636 52,0702010 Census 2,024 16,812 49,657Growth 2017 - 2022 3.73% 2.67% 2.66%Growth 2010 - 2017 11.31% 4.90% 4.86%

Copyrighted report licensed to Locations Commercial Real Estate Services LLC - 787204.3/1/2018

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2569 Union Lake Rd Commerce, MI

Demographic Detail ReportOption Plaza

2569 Union Lake Rd, Commerce Township, MI 48382Radius 1 Mile 3 Mile 5 Mile

2017 Households by HH Income 2,254 17,637 52,070<$25,000 200 8.87% 1,636 9.28% 6,342 12.18%$25,000 - $50,000 342 15.17% 2,978 16.88% 9,632 18.50%$50,000 - $75,000 312 13.84% 2,844 16.13% 9,232 17.73%$75,000 - $100,000 327 14.51% 2,438 13.82% 6,875 13.20%$100,000 - $125,000 279 12.38% 2,053 11.64% 5,773 11.09%$125,000 - $150,000 232 10.29% 1,720 9.75% 4,669 8.97%$150,000 - $200,000 290 12.87% 1,953 11.07% 4,367 8.39%$200,000+ 272 12.07% 2,015 11.42% 5,180 9.95%

2017 Avg Household Income $116,368 $111,351 $101,7702017 Med Household Income $95,871 $88,950 $78,014

2017 Occupied Housing 2,253 17,636 52,070Owner Occupied 2,041 90.59% 15,293 86.71% 41,265 79.25%Renter Occupied 212 9.41% 2,343 13.29% 10,805 20.75%

2010 Housing Units 2,325 18,493 54,2681 Unit 2,297 98.80% 17,275 93.41% 45,724 84.26%2 - 4 Units 23 0.99% 304 1.64% 2,133 3.93%5 - 19 Units 5 0.22% 578 3.13% 4,594 8.47%20+ Units 0 0.00% 336 1.82% 1,817 3.35%

2017 Housing Value 2,041 15,294 41,263<$100,000 115 5.63% 997 6.52% 4,045 9.80%$100,000 - $200,000 529 25.92% 4,403 28.79% 12,456 30.19%$200,000 - $300,000 543 26.60% 4,274 27.95% 11,284 27.35%$300,000 - $400,000 286 14.01% 2,507 16.39% 5,940 14.40%$400,000 - $500,000 259 12.69% 1,577 10.31% 3,776 9.15%$500,000 - $1,000,000 264 12.93% 1,346 8.80% 3,339 8.09%$1,000,000+ 45 2.20% 190 1.24% 423 1.03%

2017 Median Home Value $269,336 $252,573 $236,605

2017 Housing Units by Yr Built 2,324 18,503 54,995Built 2010+ 178 7.66% 802 4.33% 2,229 4.05%Built 2000 - 2010 130 5.59% 1,900 10.27% 5,882 10.70%Built 1990 - 1999 406 17.47% 4,144 22.40% 11,187 20.34%Built 1980 - 1989 279 12.01% 2,287 12.36% 8,979 16.33%Built 1970 - 1979 286 12.31% 3,053 16.50% 10,234 18.61%Built 1960 - 1969 393 16.91% 1,991 10.76% 5,795 10.54%Built 1950 - 1959 307 13.21% 2,148 11.61% 5,644 10.26%Built <1949 345 14.85% 2,178 11.77% 5,045 9.17%

2017 Median Year Built 1973 1979 1980

Copyrighted report licensed to Locations Commercial Real Estate Services LLC - 787204.3/1/2018

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2569 Union Lake Rd Commerce, MI

-100%0 SF19885,040 SFStorefront Retail/OfficeGeneral Retail

Rent/SF/Yr:% Leased:

Total Available:Year Built:

GLA:Secondary:

Building Type:

Street Cross Street Cross Str DistCountYear

Avg DailyVolume

VolumeType

Miles fromSubject Prop

1 Union Lake Rd Willow Rd 0.03 N 2015 37,239 AADT .032 Willow Rd Crocker St 0.01 E 2014 3,213 MPSI .053 Union Lake Rd Grove St 0.06 S 2016 29,081 MPSI .084 Union Lake Rd Golf Lane Dr 0.03 N 2015 31,862 AADT .125 Union Lake Rd Barnsbury Dr 0.03 S 2016 30,418 MPSI .186 Union Lake Rd Wise Rd 0.03 N 2015 34,200 AADT .257 Wise Rd Union Lake Rd 0.04 E 2014 4,002 MPSI .298 Union Lake Rd Wise Rd 0.03 S 2015 28,244 AADT .319 Willow Rd Burleigh St 0.01 W 2015 8,076 AADT .34

10 Union Lake Rd Commerce Rd 0.04 S 2015 41,664 AADT .35

Traffic Count ReportOption Plaza

2569 Union Lake Rd, Commerce Township, MI 48382

Copyrighted report licensed to Locations Commercial Real Estate Services LLC - 787204.3/1/2018

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