for lease - landmark commercial real estate services | #1 ... · for lease freestanding retail 1603...

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FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate [email protected] (248) 488-2620 LOUIS J. CIOTTI Associate Broker [email protected] (248) 488-2620 ANTHONY J. VITALE Associate [email protected] (248) 488-2620 30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US

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Page 1: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

FOR LEASEFREESTANDING RETAIL1603 ROCHESTER RD, TROY, MI 48083

SCOTT J. SONENBERG

Associate [email protected]

(248) 488-2620

LOUIS J. CIOTTI

Associate Broker [email protected]

(248) 488-2620

ANTHONY J. VITALE

Associate [email protected]

(248) 488-2620

30500 Northwestern Hwy, Suite 200Farmington Hills, MI 48334

Phone: (248) 488-2620

landmarkcres.com

CONTACT US

Page 2: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

2Freestanding Retail • Troy, MI

FOR LEASEPROPERTY DETAILS

Location: 1603 Rochester Rd,Troy, MI 48083

Property Type: Freestanding

Date Available: Immediately

Rent: $17.00/SF Absolute Net

Property Taxes: $6,440.00

Building Size: 4,000 SF

Building Dimensions: 80' X 50'

Lot Size: 0.47 Acre

Traffic Count: Maple Rd = 30,700 cpdRochester Rd = 24,800 cpd

Contact: Scott J. [email protected]

Louis J. [email protected]

Anthony J. [email protected]

(248) 488-2620

DESCRIPTION

Excellent exposure being on the hard-corner of a heavilytrafficked intersection

Large pylon signage on the property for maximumvisibility

Space would be ideal for service orientated or medicaluse

Please contact Louis J. Ciotti, Scott J. Sonenberg orAnthony J. Vitale, if you have any other questions

Page 3: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

3

MICRO

Freestanding Retail • Troy, MI

Page 4: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

4

MACRO

Freestanding Retail • Troy, MI

Page 5: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

5

SURVEY

Freestanding Retail • Troy, MI

Page 6: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

6Freestanding Retail • Troy, MI

Page 7: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

7Freestanding Retail • Troy, MI

Page 8: FOR LEASE - Landmark Commercial Real Estate Services | #1 ... · FOR LEASE FREESTANDING RETAIL 1603 ROCHESTER RD, TROY, MI 48083 SCOTT J. SONENBERG Associate ssonenberg@landmarkcres.com

DEMOGRAPHICS

8LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do notdoubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy andcompleteness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The valueof this transaction to you depends 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 the property to determine to your satisfaction, the suitability of the property for your needs.

DESCRIPTION 1 MILE 3 MILE 5 MILE

POPU

LATI

ON

2018 Estimated Population 9,031 95,950 293,098

2023 Projected Population 9,217 97,239 296,969

2010 Census Population 8,292 91,951 284,074

2000 Census Population 8,894 92,374 287,059

Projected Annual Growth 2018 to 2023 0.4% 0.3% 0.3%

Historical Annual Growth 2000 to 2018 0.1% 0.2% 0.1%

HO

USE

HO

LDS

2018 Estimated Households 4,064 42,715 126,096

2023 Projected Households 4,185 43,737 128,973

2010 Census Households 3,625 39,460 117,873

2000 Census Households 3,965 39,966 118,511

Projected Annual Growth 2018 to 2023 0.6% 0.5% 0.5%

Historical Annual Growth 2000 to 2018 0.1% 0.4% 0.4%

RA

CE

2018 Est. White 68.3% 73.5% 78.8%

2018 Est. Black 7.6% 5.9% 6.5%

2018 Est. Asian or Pacific Islander 19.0% 17.2% 11.6%

2018 Est. American Indian or Alaska Native 0.4% 0.2% 0.2%

2018 Est. Other Races 4.7% 3.1% 3.0%

INC

OM

E 2018 Est. Average Household Income $86,610 $94,541 $107,339

2018 Est. Median Household Income $68,946 $75,770 $82,691

2018 Est. Per Capita Income $38,993 $42,129 $46,222

BU

SIN

ESS 2018 Est. Total Businesses 1,057 7,605 17,665

2018 Est. Total Employees 16,389 102,628 227,447 1603 ROCHESTER RD, TROY, MI 48083