plymouth marketplace 40855 ann arbor road · type: sale/lease 40855 ann arbor road plymouth, mi...

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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. PLYMOUTH MARKETPLACE Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE: $6.00/SF Estimated ANCHOR SPACE SIZE: Up to 108,000 SF OUTLOT SPACE: Two buildings of 5,700 SF and 6,500 SF TRAFFIC COUNT: Ann Arbor Road = 37,461 cpd, Haggerty Road = 29,572 cpd CONTACT: Bruce Simon [email protected] Matthew Swantko [email protected] Gordon Hyde [email protected] (248) 488-2620 DESCRIPTION: Plymouth Marketplace is the re-development of the former Kmart Center located at the busy intersection of Ann Arbor and Haggerty Roads. This development uniquely offers both local and regional pull due to its proximity to the I-275/Ann Arbor Road interchange. The site has amazing traffic with over 67,000 cars per day passing by it. It also offers access to the 126,000 cars per day traveling on nearby I-275. In addition, the project has a five mile population density of 220,000 people, median incomes of $78,000, and a daytime population of 134,000. The former Kmart building is 108,000 SF of space, offering opportunity for Big Box or Mid Box development. Additionally, there will be two new outlot buildings developed, which will increase the traffic and provide opportunity for some exciting co- tenancy to the project. These buildings could be single or multi tenant in nature. Please consider this opportunity in this exceptional western suburban location of Metropolitan Detroit. Radius: 1 Mile 3 Mile 5 Mile Pop. Density: 9,786 80,957 220,963 Avg. HH Income: $56,334 $68,054 $77,877 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: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:

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 noguarantee, 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 thecurrent 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.

PLYMOUTH MARKETPLACEType: Sale/Lease

40855 ANN ARBOR ROADPLYMOUTH, MIWAYNE COUNTY

DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018

NNN EXPENSE: $6.00/SF Estimated

ANCHOR SPACE SIZE: Up to 108,000 SF

OUTLOT SPACE: Two buildings of 5,700 SF and 6,500 SF

TRAFFIC COUNT:Ann Arbor Road = 37,461 cpd, Haggerty Road = 29,572 cpd

CONTACT:

Bruce [email protected] [email protected] [email protected](248) 488-2620

DESCRIPTION: Plymouth Marketplace is the re-developmentof the former Kmart Center located at the busyintersection of Ann Arbor and Haggerty Roads.This development uniquely offers both localand regional pull due to its proximity to theI-275/Ann Arbor Road interchange. The site hasamazing traffic with over 67,000 cars per daypassing by it. It also offers access to the126,000 cars per day traveling on nearby I-275.In addition, the project has a five milepopulation density of 220,000 people, medianincomes of $78,000, and a daytime populationof 134,000. The former Kmart building is108,000 SF of space, offering opportunity forBig Box or Mid Box development. Additionally,there will be two new outlot buildingsdeveloped, which will increase the traffic andprovide opportunity for some exciting co-tenancy to the project. These buildings couldbe single or multi tenant in nature.

Please consider this opportunity in thisexceptional western suburban location ofMetropolitan Detroit.

Radius: 1 Mile 3 Mile 5 Mile

Pop. Density: 9,786 80,957 220,963

Avg. HH Income: $56,334 $68,054 $77,877

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

Page 2: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:

PLYMOUTH, MI

Page 3: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:

PLYMOUTH, MI

Page 4: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:
Page 5: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:
Page 6: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:

©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography

2016 Estimated Population 9,786 80,957 220,9632021 Projected Population 9,481 78,342 212,9042010 Census Population 9,861 82,171 225,4132000 Census Population 10,422 83,184 220,930Projected Annual Growth 2016 to 2021 -0.6% -0.6% -0.7%Historical Annual Growth 2000 to 2016 -0.4% -0.2% -

2016 Estimated Households 4,532 35,984 92,7412021 Projected Households 4,517 35,831 91,9902010 Census Households 4,388 35,019 90,8402000 Census Households 4,571 35,126 86,621Projected Annual Growth 2016 to 2021 -0.1% -0.1% -0.2%Historical Annual Growth 2000 to 2016 -0.1% 0.2% 0.4%

2016 Est. Population Under 10 Years 11.3% 11.6% 11.7%2016 Est. Population 10 to 19 Years 11.0% 11.9% 12.9%2016 Est. Population 20 to 29 Years 16.5% 13.8% 12.6%2016 Est. Population 30 to 44 Years 19.2% 18.7% 18.4%2016 Est. Population 45 to 59 Years 19.4% 20.8% 22.1%2016 Est. Population 60 to 74 Years 16.2% 16.3% 15.9%2016 Est. Population 75 Years or Over 6.3% 6.8% 6.5%2016 Est. Median Age 38.5 39.5 40.1

2016 Est. Male Population 47.6% 47.6% 48.3%2016 Est. Female Population 52.4% 52.4% 51.7%

2016 Est. Never Married 34.0% 31.2% 29.3%2016 Est. Now Married 45.4% 49.4% 51.7%2016 Est. Separated or Divorced 15.1% 13.4% 12.6%2016 Est. Widowed 5.5% 6.1% 6.5%

2016 Est. HH Income $200,000 or More 1.8% 5.1% 7.8%2016 Est. HH Income $150,000 to $199,999 4.4% 7.5% 8.3%2016 Est. HH Income $100,000 to $149,999 12.7% 17.2% 17.7%2016 Est. HH Income $75,000 to $99,999 16.3% 13.7% 14.0%2016 Est. HH Income $50,000 to $74,999 19.9% 17.0% 16.8%2016 Est. HH Income $35,000 to $49,999 15.5% 13.1% 11.8%2016 Est. HH Income $25,000 to $34,999 12.5% 9.7% 8.3%2016 Est. HH Income $15,000 to $24,999 8.9% 8.7% 7.9%2016 Est. HH Income Under $15,000 7.9% 8.2% 7.3%2016 Est. Average Household Income $66,866 $81,928 $92,9032016 Est. Median Household Income $56,334 $68,054 $77,8772016 Est. Per Capita Income $30,992 $36,474 $39,041

2016 Est. Total Businesses 604 4,242 9,8522016 Est. Total Employees 6,385 48,782 133,936

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40855 Ann Arbor Rd1 mi radius 3 mi radius 5 mi radius

Plymouth, MI 48170-4448

FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.3578/-83.4434

Page 7: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:

©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography

2016 Est. White 77.2% 77.2% 77.9%2016 Est. Black 14.2% 13.6% 11.3%2016 Est. Asian or Pacific Islander 5.5% 6.4% 7.9%2016 Est. American Indian or Alaska Native 0.2% 0.3% 0.3%2016 Est. Other Races 2.9% 2.6% 2.7%

2016 Est. Hispanic Population 324 2,543 7,0892016 Est. Hispanic Population 3.3% 3.1% 3.2%2021 Proj. Hispanic Population 4.1% 3.9% 3.9%2010 Hispanic Population 2.8% 2.6% 2.7%

2016 Est. Adult Population (25 Years or Over) 6,866 56,769 153,4312016 Est. Elementary (Grade Level 0 to 8) 2.0% 2.0% 1.9%2016 Est. Some High School (Grade Level 9 to 11) 3.6% 4.5% 4.2%2016 Est. High School Graduate 27.2% 21.7% 22.4%2016 Est. Some College 25.1% 22.9% 22.0%2016 Est. Associate Degree Only 9.2% 9.5% 9.6%2016 Est. Bachelor Degree Only 23.4% 24.5% 24.0%2016 Est. Graduate Degree 9.5% 14.9% 15.9%

2016 Est. Total Housing Units 4,975 39,216 100,5912016 Est. Owner-Occupied 54.0% 59.3% 68.3%2016 Est. Renter-Occupied 37.1% 32.4% 23.9%2016 Est. Vacant Housing 8.9% 8.2% 7.8%

2010 Homes Built 2005 or later 1.4% 3.1% 3.3%2010 Homes Built 2000 to 2004 3.0% 4.0% 6.3%2010 Homes Built 1990 to 1999 10.0% 12.8% 14.6%2010 Homes Built 1980 to 1989 11.6% 12.0% 11.8%2010 Homes Built 1970 to 1979 22.6% 26.7% 21.3%2010 Homes Built 1960 to 1969 30.8% 16.8% 16.7%2010 Homes Built 1950 to 1959 10.0% 11.9% 14.7%2010 Homes Built Before 1949 10.5% 12.7% 11.3%

2010 Home Value $1,000,000 or More 0.3% 0.4% 0.5%2010 Home Value $500,000 to $999,999 1.0% 1.8% 2.7%2010 Home Value $400,000 to $499,999 1.1% 1.5% 2.3%2010 Home Value $300,000 to $399,999 3.6% 6.4% 7.3%2010 Home Value $200,000 to $299,999 21.7% 25.5% 21.5%2010 Home Value $150,000 to $199,999 29.0% 23.0% 21.4%2010 Home Value $100,000 to $149,999 20.8% 17.1% 19.0%2010 Home Value $50,000 to $99,999 15.1% 15.6% 16.6%2010 Home Value $25,000 to $49,999 3.7% 4.4% 4.5%2010 Home Value Under $25,000 3.7% 4.4% 4.2%2010 Median Home Value $159,251 $171,124 $172,7062010 Median Rent $668 $715 $735

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Lat/Lon: 42.3578/-83.4434RF1

40855 Ann Arbor Rd1 mi radius 3 mi radius 5 mi radius

Plymouth, MI 48170-4448

FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups

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Page 8: PLYMOUTH MARKETPLACE 40855 ANN ARBOR ROAD · Type: Sale/Lease 40855 ANN ARBOR ROAD PLYMOUTH, MI WAYNE COUNTY DATE AVAILABLE: Anchor Space Immediate / Outlots 2017-2018 NNN EXPENSE:

©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography

2016 Est. Labor Population Age 16 Years or Over 8,042 65,625 177,4192016 Est. Civilian Employed 68.0% 66.4% 65.3%2016 Est. Civilian Unemployed 1.5% 1.5% 1.5%2016 Est. in Armed Forces - 0.1% - 2016 Est. not in Labor Force 30.5% 32.1% 33.1%2016 Labor Force Males 47.0% 46.8% 47.6%2016 Labor Force Females 53.0% 53.2% 52.4%

2010 Occupation: Population Age 16 Years or Over 5,048 39,471 104,7742010 Mgmt, Business, & Financial Operations 14.7% 15.4% 16.6%2010 Professional, Related 27.8% 27.5% 26.1%2010 Service 21.7% 17.2% 15.9%2010 Sales, Office 21.0% 23.6% 24.9%2010 Farming, Fishing, Forestry 0.1% 0.2% 0.2%2010 Construction, Extraction, Maintenance 3.9% 4.9% 5.2%2010 Production, Transport, Material Moving 10.7% 11.2% 11.0%2010 White Collar Workers 63.5% 66.5% 67.6%2010 Blue Collar Workers 36.5% 33.5% 32.4%

2010 Drive to Work Alone 88.1% 87.9% 88.0%2010 Drive to Work in Carpool 6.9% 6.1% 6.3%2010 Travel to Work by Public Transportation 0.4% 0.5% 0.6%2010 Drive to Work on Motorcycle - 0.1% 0.1%2010 Walk or Bicycle to Work 0.5% 1.6% 1.3%2010 Other Means 0.8% 0.5% 0.5%2010 Work at Home 3.3% 3.4% 3.2%

2010 Travel to Work in 14 Minutes or Less 29.7% 27.3% 24.2%2010 Travel to Work in 15 to 29 Minutes 34.8% 37.2% 38.6%2010 Travel to Work in 30 to 59 Minutes 32.1% 32.0% 32.8%2010 Travel to Work in 60 Minutes or More 3.4% 3.6% 4.3%2010 Average Travel Time to Work 20.6 22.0 23.1

2016 Est. Total Household Expenditure $242 M $2.20 B $6.17 B2016 Est. Apparel $8.38 M $76.8 M $216 M2016 Est. Contributions, Gifts $15.6 M $155 M $453 M2016 Est. Education, Reading $8.85 M $88.3 M $258 M2016 Est. Entertainment $13.5 M $124 M $349 M2016 Est. Food, Beverages, Tobacco $37.4 M $334 M $923 M2016 Est. Furnishings, Equipment $8.24 M $76.7 M $217 M2016 Est. Health Care, Insurance $21.6 M $192 M $528 M2016 Est. Household Operations, Shelter, Utilities $74.7 M $683 M $1.91 B2016 Est. Miscellaneous Expenses $3.62 M $32.4 M $89.3 M2016 Est. Personal Care $3.15 M $28.6 M $79.7 M2016 Est. Transportation $46.5 M $415 M $1.15 B

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RF1

40855 Ann Arbor Rd1 mi radius 3 mi radius 5 mi radius

Plymouth, MI 48170-4448

FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.3578/-83.4434