for lease for new development strip center lease
TRANSCRIPT
FORLEASE
FOR LEASENEW DEVELOPMENT STRIP CENTER1686 JOHN R RD, TROY, MI 48083
LOUIS J. CIOTTI
Managing [email protected]
(248) 488-2620
ANTHONY J. VITALE
Senior [email protected]
(248) 488-2620
30500 Northwestern Hwy, Suite 200Farmington Hills, MI 48334
Phone: (248) 488-2620
Landmarkcres.com
CONTACT US
FOR LEASEPROPERTY DETAILS
Location: 1686 John R RdTroy, MI 48083
Property Type: Shopping Center
Date Available: Q4 2020
Rent: $22.00/SF
NNN: $5.00/SF
Building Size: 4,950 SF
Available Space: 3,500 SF (includes patio)
Lot Size: 1.26 AC
Zoning: B-3
Traffic Count: John R. Rd (22,800 CPD)Maple Rd (26,500 CPD)
Contact: Anthony J. [email protected]
Louis J. [email protected]
(248) 488-2620
DESCRIPTION
This planned retail center is prominently located on the northeast
corner of John R Road and 15 Mile Road in Troy, Michigan. The site is
situated in a densely populated area with exceptional demographics.
The center will consist of retail and restaurant space and will also
offer a drive-thru end-cap.
TENANT ROSTER
2New Development Strip Center • Troy, MI
MICRO
3New Development Strip Center • Troy, MI
MACRO
4New Development Strip Center • Troy, MI
FLOOR PLAN
5New Development Strip Center • Troy, MI
SURVEY
6New Development Strip Center • Troy, MI
RENDERING
7New Development Strip Center • Troy, MI
DEMOGRAPHICS
DESCRIPTION 1 MILE 3 MILE 5 MILE
POPULATION
2020 Estimated Population 7,941 108,498 274,4362025 Projected Population 7,978 109,280 276,3422010 Census Population 7,737 105,927 265,7522000 Census Population 7,885 105,631 266,525Projected Annual Growth 2020 to 2025 - 0.1% 0.1%
Historical Annual Growth 2000 to 2020 - 0.1% 0.1%
HOUSEHOLDS
2020 Estimated Households 3,756 43,671 117,9282025 Projected Households 3,816 44,355 119,8822010 Census Households 3,519 41,101 109,8602000 Census Households 3,600 41,140 109,419Projected Annual Growth 2020 to 2025 0.3% 0.3% 0.3%
Historical Annual Growth 2000 to 2020 0.2% 0.3% 0.4%
RACE
2020 Est. White 71.8% 75.1% 76.8%
2020 Est. Black 5.8% 6.5% 7.0%
2020 Est. Asian or Pacific Islander 18.9% 14.7% 12.9%
2020 Est. American Indian or Alaska Native 0.2% 0.2% 0.2%
2020 Est. Other Races 3.4% 3.4% 3.2%
INCOME 2020 Est. Average Household Income $73,923 $89,688 $97,157
2020 Est. Median Household Income $54,990 $73,313 $77,0202020 Est. Per Capita Income $35,005 $36,146 $41,792
BUSI
NESS 2020 Est. Total Businesses 853 6,512 16,891
2020 Est. Total Employees 11,632 71,590 231,5691686 JOHN R. RD, TROY, MI
8LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt itsaccuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Anyprojections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to youdepends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of theproperty to determine to your satisfaction, the suitability of the property for your needs.