FREEWAY PLAZA - FOR LEASE · 2017-10-09 · Thomas Duke Company | 248.476.3700 37000 Grand River |...

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DAN BLUGERMAN Vice President, CCIM [email protected] EXCLUSIVELY LISTED BY: FREEWAY PLAZA - FOR LEASE 38503 W 10 MILE ROAD, FARMINGTON HILLS, MI 48335

Transcript of FREEWAY PLAZA - FOR LEASE · 2017-10-09 · Thomas Duke Company | 248.476.3700 37000 Grand River |...

Page 1: FREEWAY PLAZA - FOR LEASE · 2017-10-09 · Thomas Duke Company | 248.476.3700 37000 Grand River | Farmington Hills, MI 48335 thomasduke.com | 3 PROPERTY NAME: Freeway Plaza - Retail

DAN BLUGERMANVice Pres ident , [email protected]

EXCLUSIVELY LISTED BY:

FREEWAY PLAZA - FOR LEASE3 8 5 0 3 W 1 0 M I L E R O A D , FA R M I N G T O N H I L L S , M I 4 8 3 3 5

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E X E C U T I V E S U M M A R Y : Freeway Plaza - Retail | Farmington Hills, MI 48335

Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335

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DEMOGRAPHICS 1 Mile 3 Miles 5 Miles

Total Households: 2,873 28,726 76,417

Total Population: 6,728 66,060 182,826

Average HH Income: $94,048 $92,671 $97,517

PROPERTY HIGHLIGHTS

• Close to expressway

• Total 12,900 medical, 20,000 Retail

OFFERING SUMMARY

Available SF: 700 - 5,911 SF

Lease Rate: $14.00 - 15.00 SF/yr (NNN)

Year Built: 1973

Building Size: 40,000 SF

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PROPERTY NAME: Freeway Plaza - Retail

PROPERTY ADDRESS: 38503 W 10 Mile RoadFarmington Hills, MI 48335

PROPERTY TYPE: Retail

APN: 23-30-127-038

ZONING: Commercial

YEAR BUILT: 1973

NUMBER OF STORIES: 1

SURROUNDING BUSINESSES: Auto Dealerships, Restaurants, Offices, High Tech and Warehouses

LAND LEGAL DESCRIPTION: Available upon request

UTILITIES DESCRIPTION: City Water and Sewer

OTHER TENANTS Restaurants: Breakfast Club, El Patio, Chutney's, & Beirut Garden

Retailers: Henry Ford Optimize, The Industry Source, Cleaners, Barbershop, and Salon Enigma

TRAFFIC COUNT & STREETS: 21,086 Vehicles/Day (Costar, 2015)

BUILDING SIZE: 40,000 SF

ADDITIONAL INFORMATION Special build-out available for qualified tenants.

New retail spaces (A & B) next to Wendy's with great street presence. Former Vani Foods (C).

P R O P E R T Y D E TA I L S : Freeway Plaza - Retail | Farmington Hills, MI 48335

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Lease Rate: $14.00 - 15.00 SF/YR (NNN)

Lease Type: NNN

Total Space 700 - 5,911 SF

Lease Term:

SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS

Ste D-1 38215 Strip Center $15.00 SF/YR NNN 2,385 - 4,385 SF Negotiable 14' ceiling

Ste D-2 38215 Strip Center $15.00 SF/YR NNN 2,000 SF Negotiable 14' ceiling

38245 Strip Center $14.00 SF/YR NNN 1,700 - 5,911 SF Negotiable

38249 Strip Center $14.00 SF/YR NNN 1,600 - 5,911 SF Negotiable

38251 Strip Center $14.00 SF/YR NNN 875 - 5,911 SF Negotiable

38251A Strip Center $14.00 SF/YR NNN 700 - 5,911 SF Negotiable

38253 Strip Center $14.00 SF/YR NNN 1,036 - 5,911 SF Negotiable

AVA I L A B L E S PA C E S : Freeway Plaza - Retail | Farmington Hills, MI 48335

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B U I L D I N G " C " P L A N : Freeway Plaza - Retail | Farmington Hills, MI 48335

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C 2 F L O O R P L A N : Freeway Plaza - Retail | Farmington Hills, MI 48335

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C 3 & C 4 F L O O R P L A N : Freeway Plaza - Retail | Farmington Hills, MI 48335

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R E TA I L S PA C E S I N B L D G D : Freeway Plaza - Retail | Farmington Hills, MI 48335

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S I T E P L A N : Freeway Plaza - Retail | Farmington Hills, MI 48335

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R E TA I L E R M A P : Freeway Plaza - Retail | Farmington Hills, MI 48335

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L O C AT I O N M A P S : Freeway Plaza - Retail | Farmington Hills, MI 48335

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* Demographic data derived from 2010 US Census

POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 6,728 66,060 182,826MEDIAN AGE 38.2 39.6 42.1MEDIAN AGE (MALE) 36.9 37.8 40.5MEDIAN AGE (FEMALE) 39.7 41.3 43.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 2,873 28,726 76,417# OF PERSONS PER HH 2.3 2.3 2.4AVERAGE HH INCOME $94,048 $92,671 $97,517AVERAGE HOUSE VALUE $319,066 $283,139 $274,824

D E M O G R A P H I C S M A P : Freeway Plaza - Retail | Farmington Hills, MI 48335