for lease for former bank branch lease
TRANSCRIPT
FOR LEASEFORMER BANK BRANCH3801 METROPOLITAN PKWY, STERLING HEIGHTS, MI 48310
30500 Northwestern Hwy, Suite 200Farmington Hills, MI 48334
Phone: (248) 488-2620
landmarkcres.com
CONTACT US
FORLEASE
LOUIS J. CIOTTI
Managing Director [email protected]
(248) 488-2620
ANTHONY J. VITALE
Senior Associate [email protected]
(248) 488-2620
SCOTT J. SONENBERG
Senior [email protected]
(248) 488-2620
FOR LEASEPROPERTY DETAILS
Location: 3801 Metropolitan PkwySterling Heights, MI 48310
Property Type: Freestanding
Date Available: Immediately
Rent: $25.00/SF
Property Taxes: $15,000.00
Building Size: 3,297 SF
Building Dimensions: 50' x 70'
Lot Size: 1.10 AC
Lot Dimensions: 160' x 231'
Available Space: 3,297 SF
Zoning: O-1
Traffic Count: Metropolitan Pkwy (16 Mile Rd) (46,400 CPD)Ryan Rd (26,400 CPD)
Contact: Louis J. [email protected]
Anthony J. [email protected]
Scott J. [email protected]
(248) 488-2620
HIGHLIGHTS
• Newer bank branch facility on the NWQ of Metropolitan
Pkwy & Ryan Rd
• Access to both Metropolitan Pkwy (16 Mile Rd) & Ryan Rd
• Retail, medical or office uses possible
2
3801 METROPOLITAN PKWY, STERLING HEIGHTS, MI 48310
Former Bank Branch • Sterling Heights, MI
MICRO
3Former Bank Branch • Sterling Heights, MI
MACRO
4Former Bank Branch • Sterling Heights, MI
MACRO
5Former Bank Branch • Sterling Heights, MI
DEMOGRAPHICS
3801 METROPOLITAN PKWY, STERLING HEIGHTS, MI 48310
6LANDMARK 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.
DESCRIPTION 1 MILE 3 MILE 5 MILE
POPU
LATI
ON
2020 Estimated Population 17,493 93,905 264,115
2025 Projected Population 17,766 94,675 266,011
2010 Census Population 17,382 91,779 256,833
2000 Census Population 17,395 90,213 254,158
Projected Annual Growth 2020 to 2025 0.3% 0.2% 0.1%
Historical Annual Growth 2000 to 2020 - 0.2% 0.2%
HO
USE
HO
LDS
2020 Estimated Households 6,060 35,801 108,003
2025 Projected Households 6,182 36,364 109,729
2010 Census Households 5,786 33,668 101,102
2000 Census Households 5,745 33,091 99,535
Projected Annual Growth 2020 to 2025 0.4% 0.3% 0.3%
Historical Annual Growth 2000 to 2020 0.3% 0.4% 0.4%
RAC
E
2020 Est. White 76.9% 75.2% 76.9%
2020 Est. Black 7.8% 7.2% 8.3%
2020 Est. Asian or Pacific Islander 11.5% 14.0% 11.3%
2020 Est. American Indian or Alaska Native 0.1% 0.2% 0.3%
2020 Est. Other Races 3.7% 3.4% 3.3%
INC
OM
E 2020 Est. Average Household Income $78,102 $87,671 $87,737
2020 Est. Median Household Income $64,575 $70,879 $71,712
2020 Est. Per Capita Income $27,074 $33,460 $35,925
BUSI
NES
S 2020 Est. Total Businesses 419 4,392 12,787
2020 Est. Total Employees 2,485 56,365 168,677