available freestanding building€¦ · lance numan ramon kattola [email protected]...

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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 RAMON KATTOLA [email protected] [email protected] SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT, MI 48221 AREA TENANTS FREESTANDING BUILDING AVAILABLE

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Page 1: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

CONTACT

6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322

P: 248 538 2000 F: 248 538 9905

www.cmprealestategroup.com

LANCE NUMAN RAMON KATTOLA

[email protected] [email protected]

SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT, MI 48221

AREA TENANTS

FREESTANDING BUILDINGAVAILABLE

Page 2: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

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

Building Size 1,500 SF

Space Available 1,500 SF

Asking Price $249,000

Asking Rate $22.40 Gross

Parking 8 Spaces

ADDRESS

7115 W 8 MILE ROAD

DETROIT, MICHIGAN 48221

FREESTANDING BUILDING

PROPERTY SUMMARY

DEMOGRAPHICS

Population 407,301 people

Households 164,904 homes

Average Household Income $59,313 / annually

Employees 124,744 employees

PROPERTY HIGHLIGHTS

Newly constructed freestanding building available for sale or lease on the highly

traveled 8 Mile Road, just one block west of Livernois.

Excellent location for a carryout restaurant or soft good retailer.

Site has excellent accessibility and visibility along 8 Mile Road within walking

distance of Downtown Ferndale.

Many national, regional and local tenants operate within the immediate trade area.

Page 3: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

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.

FREESTANDING BUILDING

PICTURES

Page 4: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

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.

FREESTANDING BUILDING

AERIAL MAP

Page 5: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

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.

POPULATION 1 MILE 3 MILE 5 MILE

2024 Projection 16,713 148,156 404,869

2019 Estimate 16,692 149,401 407,301

2010 Census 16,739 157,265 424,511

Growth 2019-2024 0.13% -0.83% -0.60%

Growth 2010-2019 -0.28% -5.00% -4.05%

2019 Population Hispanic Origin 390 2,858 7,048

2019 Population by Race:

White 5,824 51,967 138,087

Black 10,095 90,798 248,602

Am. Indian & Alaskan 61 564 1,415

Asian 185 2,037 9,404

Hawaiian & Pacific Island 5 41 120

Other 522 3,994 9,673

U.S. Armed Forces: 0 27 74

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2024 Projection 7,189 60,846 163,910

2019 Estimate 7,184 61,347 164,904

2010 Census 7,239 64,561 172,057

Growth 2019 - 2024 0.07% -0.82% -0.60%

Growth 2010 - 2019 -0.76% -4.98% -4.16%

Owner Occupied 4,683 39,149 102,170

Renter Occupied 2,500 22,199 62,735

2019 Avg Household Income $58,562 $62,237 $59,313

2019 Med Household Income $44,791 $44,007 $40,934

2019 Households by Household Inc:

<$25,000 1,943 18,834 55,375

$25,000 - $50,000 1,991 15,072 40,043

$50,000 - $75,000 1,297 9,798 25,602

$75,000 - $100,000 956 7,181 17,428

$100,000 - $125,000 420 4,088 10,419

$125,000 - $150,000 231 2,292 5,691

$150,000 - $200,000 219 1,947 5,066

$200,000+ 127 2,136 5,279

FREESTANDING BUILDING

DEMOGRAPHICS

Page 6: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

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.

FREESTANDING BUILDING

DEMOGRAPHICS – DAYTIME POPULATION

DAYTIME

EMPLOYMENT NUMBER OF BUSINESSES NUMBER OF EMPLOYEES

1 MILE 3 MILE 5 MILE 1 MILE 3 MILE 5 MILE

Total Businesses 508 5,619 14,493 3,806 47,752 124,744

Retail 106 789 1,993 941 5,512 15,338

Wholesale 14 161 440 135 1,680 5,366

Hospitality & Food Service 26 361 817 246 5,436 12,792

Real Estate, Renting, Leasing 21 199 522 83 1,552 3,359

Finance & Insurance 25 289 796 153 1,201 3,785

Information 12 145 304 69 1,617 3,279

Scientific & Technology Services 46 579 1,367 158 2,777 8,660

Management of Companies 0 1 6 0 3 16

Health Care & Social Assistance 63 1,270 3,817 528 8,931 26,058

Education Services 17 150 332 343 4,505 11,782

Public Administration & Sales 5 101 181 94 2,262 3,902

Arts, Entertainment, Recreation 9 101 206 40 1,012 1,944

Utilities 0 5 11 0 46 83

Admin Support & Waste Management 26 160 443 130 1,887 3,876

Construction 24 284 692 308 2,284 5,290

Manufacturing 17 198 533 216 3,326 9,643

Agriculture, Mining, Fishing 0 4 9 0 24 35

Other Services 97 822 2,024 362 3,697 9,536

Page 7: AVAILABLE FREESTANDING BUILDING€¦ · LANCE NUMAN RAMON KATTOLA lnuman@cmprealestategroup.com rkattola@cmprealestategroup.com SWQ EIGHT MILE ROAD AND LIVERNOIS AVENUE, DETROIT,

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 ACQUISITIONS PROPERTY MANAGEMENT

TENANT REPRESENTATION 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.