arbor office center for sale - loopnet...sale price: $2,250,000 price / sf: $148.03 location...
TRANSCRIPT
MARK SZERLAGPartnermszer [email protected]
STEVE VALLIVice Pres identsva l l [email protected]
EXCLUSIVELY LISTED BY:
ARBOR OFFICE CENTERFOR SALE
3 8 8 0 7 A N N A R B O R R O A D , L I V O N I A , M I 4 8 1 5 0
E X E C U T I V E S U M M A R Y : Arbor Office Center - Sale | Livonia, MI 48150
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 2
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
Total Households: 4,103 33,219 95,045
Total Population: 10,108 78,038 238,003
Average HH Income: $72,771 $67,856 $76,707
PROPERTY HIGHLIGHTS
• Investor Opportunity
• Zoned Medical/Office
• 1/4 mile east of I-275
• Ample parking
• Strong residential demographics
OFFERING SUMMARY
Sale Price: $2,250,000
Price / SF: $148.03
Location Description: Located on the south side of AnnArbor Road, just east of I-275.
APN: 139-99-0002-000
Year Built: 2000
Building Size: 15,200 SF
Zoning: Office/Medical
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 3
PROPERTY NAME: Arbor Office Center - Sale
PROPERTY ADDRESS: 38807 Ann Arbor RoadLivonia, MI 48150
PROPERTY TYPE: Office
APN: 139-99-0002-000
ZONING: Office/Medical
SIZE: Building: 15,200 Total Sq.Ft.Land: 1.46 Acres (257 x 247)
PARKING SPACES: 63
YEAR BUILT: 2000
SURROUNDING BUSINESSES: National City Bank, Rite Aid, Flagstar Bank, Skin Deep Laser Associates, McDonalds and more
LAND LEGAL DESCRIPTION: 31T1A THAT PART OF THE S W 1/4 OF SEC 31 DES AS BEG AT A POINT ON THE E AND W 1/4SECTION LINE DISTANT WEST 1036.47 FT FROM THE CENTER 1/4 COR OF SEC 31 ANDPROCEEDING TH S 0D 41M W 300.0 FT. TH WEST 257.59 FT. TH N 0D 47M 35SEC E 300.0 FT.TH EAST ALONG THE E AND W 1/4 SECTION LINE 257.09 FT TO THE POB EXCEPT THENORTH 53 FT THEREOF 1.46 ACRES
UTILITIES DESCRIPTION: All utilities on site.
TRAFFIC COUNT & STREETS: Ann Arbor Rd E= 36,413 VPDAnn Arbor Rd= 23,840 VPD (Source: CoStar)
BUILDING SIZE: 15,200 SF
NO. OF PARKING SPACES: 63
TAXES: Winter 2015: $12,893.62Summer 2015: $13,463.63SEV: $506,570.00
P R O P E R T Y D E TA I L S : Arbor Office Center - Sale | Livonia, MI 48150
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 4
A D D I T I O N A L P H O T O S : Arbor Office Center - Sale | Livonia, MI 48150
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 5
L O C AT I O N M A P S : Arbor Office Center - Sale | Livonia, MI 48150
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 6
* Demographic data derived from 2010 US Census
POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 10,108 78,038 238,003MEDIAN AGE 41.2 39.9 40.6MEDIAN AGE (MALE) 38.5 38.3 39.3MEDIAN AGE (FEMALE) 42.0 41.0 41.5
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 4,103 33,219 95,045# OF PERSONS PER HH 2.5 2.3 2.5AVERAGE HH INCOME $72,771 $67,856 $76,707AVERAGE HOUSE VALUE $192,341 $198,087 $212,895
D E M O G R A P H I C S M A P : Arbor Office Center - Sale | Livonia, MI 48150