marketplace courtlandmarkcres.com/wp-content/uploads/2015/03/...2000 census households 2,895 38,027...

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LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt 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 and completeness. Any projections, 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 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. MARKETPLACE COURT Type: Lease 35630-35756 VAN DYKE AVE STERLING HEIGHTS, MI MACOMB COUNTY PROPERTY TYPE: Shopping Center DATE AVAILABLE: Immediately RENT: Building A: $20.00/SF Building B: $8.00/SF AVAILABLE SPACE: Building A: 3,400 SF Building B: 36,800 SF ZONING: C-3 ANCHORS: Target, MJR Theater TRAFFIC COUNT: 15 Mile Rd = 24,160 Van Dyke Ave = 61,300 CONTACT: Louis Ciotti Scott Sonenberg (248) 488-2620 DESCRIPTION: Marketplace Court is located on Van Dyke (M-53) on the northeast corner of 15 Mile Road. The property is anchored by Target, which is the most desirable department store chain in the United States for national retailers, especially soft-good users, to co-tenant with. Along with the 20-screen stadium seating style Cineplex MJR, this retail market includes strong anchors such as Home Depot, Super Walmart, and Meijer. In addition to the retail destination traffic, the city’s main hub of industrial activity is located primarily in this corridor formed by Mound and Van Dyke. General Motors world technical headquarters employing over 17,000 people is located one mile south of the site. Other major employers in the area include Ford Motor Companies, Detroit Edison, the Detroit Newspaper, and General Dynamics. The center has traffic counts north of 60,000 cpd along Van Dyke and approximately 24,160 cpd along 15 Mile Road. Radius: 1 Mile 3 Mile 5 Mile Pop. Density: 6,842 99,467 284,687 Avg. HH Income: $66,630 $63,188 $63,378 LANDMARK COMMERCIAL REAL ESTATE SERVICES, INC. Ÿ 27995 HALSTED RD Ÿ SUITE 150Ÿ FARMINGTON HILLS, MI 48331 Ÿ (248) 488-2620 Ÿ WWW.LANDMARKCRES.COM

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Page 1: marketplace courtlandmarkcres.com/wp-content/uploads/2015/03/...2000 Census Households 2,895 38,027 111,463 ... 1 mi radius 3 mi radius 5 mi radius Sterling Heights, MI 48312 This

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt 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 and completeness. Any projections, 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 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.

MARKETPLACE COURT Type: Lease

35630-35756 VAN DYKE AVE STERLING HEIGHTS, MI MACOMB COUNTY

PROPERTY TYPE: Shopping Center

DATE AVAILABLE: Immediately

RENT: Building A: $20.00/SF Building B: $8.00/SF

AVAILABLE SPACE: Building A: 3,400 SF Building B: 36,800 SF

ZONING: C-3

ANCHORS: Target, MJR Theater

TRAFFIC COUNT: 15 Mile Rd = 24,160 Van Dyke Ave = 61,300

CONTACT: Louis Ciotti Scott Sonenberg (248) 488-2620

DESCRIPTION: Marketplace Court is located on Van Dyke (M-53) on the northeast corner of 15 Mile Road. The property is anchored by Target, which is the most desirable department store chain in the United States for national retailers, especially soft-good users, to co-tenant with. Along with the 20-screen stadium seating style Cineplex MJR, this retail market includes strong anchors such as Home Depot, Super Walmart, and Meijer. In addition to the retail destination traffic, the city’s main hub of industrial activity is located primarily in this corridor formed by Mound and Van Dyke. General Motors world technical headquarters employing over 17,000 people is located one mile south of the site. Other major employers in the area include Ford Motor Companies, Detroit Edison, the Detroit Newspaper, and General Dynamics. The center has traffic counts north of 60,000 cpd along Van Dyke and approximately 24,160 cpd along 15 Mile Road.

Radius: 1 Mile 3 Mile 5 Mile

Pop. Density: 6,842 99,467 284,687

Avg. HH Income: $66,630 $63,188 $63,378

LANDMARK COMMERCIAL REAL ESTATE SERVICES, INC. 27995 HALSTED RD SUITE 150 FARMINGTON HILLS, MI 48331 (248) 488-2620 WWW.LANDMARKCRES.COM

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Copyright © and (P) 1988–2006 Microsoft Corporation and/or its suppliers. All rights reserved. http://www.microsoft.com/streets/Portions © 1990–2006 InstallShield Software Corporation. All rights reserved. Certain mapping and direction data © 2005 NAVTEQ. All rights reserved. The Data for areas of Canada includes information taken with permission from Canadian authorities, including: © Her Majesty the Queen in Right of Canada, © Queen's Printer for Ontario. NAVTEQ and NAVTEQ ON BOARD are trademarks of NAVTEQ. © 2005 Tele Atlas North America, Inc. All rights reserved. Tele Atlas and Tele Atlas North America are trademarks of Tele Atlas, Inc.

Marketplace Court

0 mi 2 4 6 8 10

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Premier Solutions(Hearing Aids)

AVAILABLE3,400 SF

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BC

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3,400 SF

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STERLING HEIGHTS, MI

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NEC 15 MILE ROAD & VAN DYKE AVENUE

PROPOSED

Sterling Heights, MI

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©2014, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography

2013 Estimated Population 6,842 99,467 284,6872018 Projected Population 6,994 101,674 291,0932010 Census Population 6,767 98,356 281,3442000 Census Population 6,991 97,286 281,104Projected Annual Growth 2013 to 2018 0.4% 0.4% 0.5%Historical Annual Growth 2000 to 2013 -0.2% 0.2% 0.1%

2013 Estimated Households 2,863 39,136 115,1492018 Projected Households 2,962 40,478 119,0712010 Census Households 2,801 38,280 112,5952000 Census Households 2,895 38,027 111,463Projected Annual Growth 2013 to 2018 0.7% 0.7% 0.7%Historical Annual Growth 2000 to 2013 -0.1% 0.2% 0.3%

2013 Est. Population Under 10 Years 10.3% 10.5% 10.4%2013 Est. Population 10 to 19 Years 11.4% 11.8% 12.1%2013 Est. Population 20 to 29 Years 12.5% 12.6% 12.4%2013 Est. Population 30 to 44 Years 20.1% 18.6% 18.2%2013 Est. Population 45 to 59 Years 21.1% 21.5% 22.3%2013 Est. Population 60 to 74 Years 15.7% 16.6% 16.1%2013 Est. Population 75 Years or Over 8.8% 8.4% 8.6%2013 Est. Median Age 41.3 41.5 41.9

2013 Est. Male Population 48.3% 48.2% 48.0%2013 Est. Female Population 51.7% 51.8% 52.0%

2013 Est. Never Married 29.0% 29.2% 29.2%2013 Est. Now Married 53.3% 50.5% 49.6%2013 Est. Separated or Divorced 12.4% 12.3% 13.0%2013 Est. Widowed 5.3% 8.0% 8.2%

2013 Est. HH Income $200,000 or More 2.6% 2.0% 2.4%2013 Est. HH Income $150,000 to $199,999 5.2% 5.2% 5.3%2013 Est. HH Income $100,000 to $149,999 12.5% 12.8% 12.6%2013 Est. HH Income $75,000 to $99,999 13.0% 13.0% 12.5%2013 Est. HH Income $50,000 to $74,999 24.9% 21.3% 20.0%2013 Est. HH Income $35,000 to $49,999 17.9% 17.7% 16.7%2013 Est. HH Income $25,000 to $34,999 10.9% 10.7% 10.3%2013 Est. HH Income $15,000 to $24,999 6.3% 8.7% 10.0%2013 Est. HH Income Under $15,000 6.6% 8.7% 10.2%2013 Est. Average Household Income $66,630 $63,188 $63,3782013 Est. Median Household Income $58,775 $55,408 $55,4562013 Est. Per Capita Income $27,945 $24,932 $25,688

2013 Est. Total Businesses 383 3,236 11,2092013 Est. Total Employees 10,246 49,037 154,755

FULL PROFILE2000-2010 Census, 2013 Estimates with 2018 ProjectionsCalculated using Proportional Block Groups

Lat/Lon: 42.5512/-83.0292

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©2014, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography

2013 Est. White 79.8% 84.2% 84.3%2013 Est. Black 6.4% 6.9% 6.8%2013 Est. Asian or Pacific Islander 11.0% 6.1% 6.1%2013 Est. American Indian or Alaska Native 0.2% 0.3% 0.3%2013 Est. Other Races 2.6% 2.5% 2.6%

2013 Est. Hispanic Population 125 1,785 5,9822013 Est. Hispanic Population 1.8% 1.8% 2.1%2018 Proj. Hispanic Population 2.0% 2.0% 2.3%2010 Hispanic Population 1.7% 1.7% 2.0%

2013 Est. Adult Population (25 Years or Over) 4,953 70,021 200,8982013 Est. Elementary (Grade Level 0 to 8) 5.1% 6.6% 5.3%2013 Est. Some High School (Grade Level 9 to 11) 5.3% 7.4% 7.9%2013 Est. High School Graduate 26.8% 30.2% 30.2%2013 Est. Some College 27.0% 22.7% 23.3%2013 Est. Associate Degree Only 8.4% 8.8% 8.9%2013 Est. Bachelor Degree Only 16.8% 16.4% 16.3%2013 Est. Graduate Degree 10.6% 7.8% 8.1%

2013 Est. Total Housing Units 3,010 40,567 119,2362013 Est. Owner-Occupied 67.8% 73.8% 72.6%2013 Est. Renter-Occupied 27.3% 22.7% 24.0%2013 Est. Vacant Housing 4.9% 3.5% 3.4%

2010 Homes Built 2005 or later 1.8% 2.2% 2.3%2010 Homes Built 2000 to 2004 2.6% 4.2% 5.1%2010 Homes Built 1990 to 1999 8.9% 8.9% 10.8%2010 Homes Built 1980 to 1989 11.1% 10.9% 11.0%2010 Homes Built 1970 to 1979 23.6% 25.2% 23.7%2010 Homes Built 1960 to 1969 32.5% 28.5% 24.2%2010 Homes Built 1950 to 1959 12.0% 11.2% 13.5%2010 Homes Built Before 1949 7.6% 8.9% 9.5%

2010 Home Value $1,000,000 or More 0.3% 0.4% 0.4%2010 Home Value $500,000 to $999,999 1.0% 1.0% 1.1%2010 Home Value $400,000 to $499,999 0.8% 0.8% 1.0%2010 Home Value $300,000 to $399,999 2.5% 3.1% 3.7%2010 Home Value $200,000 to $299,999 16.4% 14.6% 15.0%2010 Home Value $150,000 to $199,999 32.4% 30.5% 27.1%2010 Home Value $100,000 to $149,999 18.3% 23.2% 23.2%2010 Home Value $50,000 to $99,999 20.0% 18.0% 18.4%2010 Home Value $25,000 to $49,999 5.1% 4.4% 4.6%2010 Home Value Under $25,000 3.3% 4.1% 5.3%2010 Median Home Value $148,865 $147,039 $145,2702010 Median Rent $694 $726 $690

FULL PROFILE2000-2010 Census, 2013 Estimates with 2018 ProjectionsCalculated using Proportional Block Groups

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©2014, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography

2013 Est. Labor Population Age 16 Years or Over 5,610 81,139 232,7142013 Est. Civilian Employed 56.0% 57.0% 57.3%2013 Est. Civilian Unemployed 7.0% 6.2% 6.0%2013 Est. in Armed Forces 0.4% 0.1% 0.1%2013 Est. not in Labor Force 36.6% 36.8% 36.6%2013 Labor Force Males 47.9% 47.7% 47.5%2013 Labor Force Females 52.1% 52.3% 52.5%

2010 Occupation: Population Age 16 Years or Over 2,976 42,895 123,3962010 Mgmt, Business, & Financial Operations 14.9% 13.1% 13.4%2010 Professional, Related 22.9% 21.4% 21.2%2010 Service 14.1% 17.3% 18.0%2010 Sales, Office 32.0% 29.2% 27.8%2010 Farming, Fishing, Forestry 0.1% 0.1% 0.1%2010 Construction, Extraction, Maintenance 4.8% 6.3% 6.5%2010 Production, Transport, Material Moving 11.2% 12.5% 12.9%2010 White Collar Workers 69.8% 63.7% 62.4%2010 Blue Collar Workers 30.2% 36.3% 37.6%

2010 Drive to Work Alone 88.6% 88.1% 87.4%2010 Drive to Work in Carpool 7.8% 7.3% 7.6%2010 Travel to Work by Public Transportation 0.3% 0.6% 0.7%2010 Drive to Work on Motorcycle - 0.1% - 2010 Walk or Bicycle to Work 0.7% 1.0% 1.2%2010 Other Means 0.1% 0.3% 0.4%2010 Work at Home 2.5% 2.6% 2.7%

2010 Travel to Work in 14 Minutes or Less 21.1% 21.2% 23.2%2010 Travel to Work in 15 to 29 Minutes 37.6% 42.0% 41.0%2010 Travel to Work in 30 to 59 Minutes 37.5% 32.1% 31.1%2010 Travel to Work in 60 Minutes or More 3.7% 4.7% 4.7%2010 Average Travel Time to Work 24.3 22.9 22.5

2013 Est. Total Household Expenditure $152 M $2.01 B $5.90 B

2013 Est. Apparel $7.32 M $96.0 M $283 M

2013 Est. Contributions, Gifts $9.74 M $127 M $378 M

2013 Est. Education, Reading $4.12 M $53.6 M $160 M

2013 Est. Entertainment $8.49 M $112 M $329 M

2013 Est. Food, Beverages, Tobacco $24.3 M $321 M $942 M

2013 Est. Furnishings, Equipment $6.68 M $87.7 M $258 M

2013 Est. Health Care, Insurance $10.8 M $144 M $422 M

2013 Est. Household Operations, Shelter, Utilities $45.4 M $599 M $1.76 B

2013 Est. Miscellaneous Expenses $2.55 M $33.6 M $98.7 M

2013 Est. Personal Care $2.20 M $29.0 M $85.3 M

2013 Est. Transportation $30.5 M $403 M $1.18 B

5 mi radiusSterling Heights, MI 48312

FULL PROFILE2000-2010 Census, 2013 Estimates with 2018 ProjectionsCalculated using Proportional Block Groups

Lat/Lon: 42.5512/-83.0292

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