for lease seven mile development...tenant representation commercial leasing disposition investment...
TRANSCRIPT
CONTACT
6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322
P: 248 538 2000 F: 248 538 9905
www.cmprealestategroup.com
ANTHONY SESI CHRIS JONNA
[email protected] [email protected]
SEVEN MILE DEVELOPMENT
NWQ SEVEN MILE AND SOUTHFIELD FREEWAY, DETROIT, MI 48219
FOR LEASE
AREA TENANTS
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
PROPERTY INFORMATION
Shopping Center Size 91,600 SF
Space Available 55,200 SF
Minimum Available 1,500 SF
Maximum Available (Contiguous) 36,400 SF
Asking Rate Contact Broker
NNN Charge’s TBD
Parking 493 Spaces
ADDRESS
18520 WEST SEVEN MILE
DETROIT, MICHIGAN 48219
SEVEN MILE DEVELOPMENT
PROPERTY SUMMARY
DEMOGRAPHICS
Population 349,315 people
Households 137,206 homes
Average Household Income $56,549 / annually
Employees 126,014 employees
PROPERTY HIGHLIGHTS
Join this new retail development anchored by the Michigan Department of Health
& Human Services located on 7 Mile Road just West of the Southfield Freeway.
The Department of Health and Human Services offers a variety of programs to
protect, encourage independence and advocate for adults in Michigan.
Approximately 18,600 sf of retail space available along Seven Mile Road.
Two retail buildings containing approximately 9,300 SF each will be available
September of 2020.
Over 200 employees will be employed at the DHHS facility. The DHHS office will
also draw hundreds of neighborhood residents to the site each day.
36,400 SF of office space is also available for lease.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
SEVEN MILE DEVELOPMENT
CONCEPTUAL SITE PLAN
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
SEVEN MILE DEVELOPMENT
CONCEPTUAL PICTURES
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
SEVEN MILE DEVELOPMENT
AERIAL MAP
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
POPULATION 1 MILE 3 MILE 5 MILE
2024 Projection 18,260 131,772 345,131
2019 Estimate 18,522 134,416 349,315
2010 Census 19,832 148,336 372,949
Growth 2019-2024 -1.41% -1.97% -1.20%
Growth 2010-2019 -6.61% -9.38% -6.34%
2019 Population Hispanic Origin 189 1,585 5,571
2019 Population by Race:
White 336 7,943 76,870
Black 17,705 122,559 259,941
Am. Indian & Alaskan 44 365 1,130
Asian 34 716 3,205
Hawaiian & Pacific Island 5 26 61
Other 399 2,807 8,107
U.S. Armed Forces: 0 0 0
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2024 Projection 6,781 51,101 135,453
2019 Estimate 6,888 52,205 137,206
2010 Census 7,437 58,017 147,082
Growth 2019 - 2024 -1.55% -2.11% -1.28%
Growth 2010 - 2019 -7.38% -10.02% -6.71%
Owner Occupied 4,274 31,953 86,669
Renter Occupied 2,615 20,252 50,537
2019 Avg Household Income $42,254 $49,477 $56,549
2019 Med Household Income $33,717 $36,848 $41,254
2019 Households by Household Inc:
<$25,000 2,764 19,093 45,121
$25,000 - $50,000 2,144 13,450 34,493
$50,000 - $75,000 1,151 9,030 23,171
$75,000 - $100,000 372 4,892 14,380
$100,000 - $125,000 273 2,719 8,554
$125,000 - $150,000 45 1,461 4,740
$150,000 - $200,000 55 912 3,695
$200,000+ 85 646 3,054
SEVEN MILE DEVELOPMENT
DEMOGRAPHICS
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
SEVEN MILE DEVELOPMENT
DEMOGRAPHICS – DAYTIME POPULATION
DAYTIME
EMPLOYMENT NUMBER OF BUSINESSES NUMBER OF EMPLOYEES
1 MILE 3 MILE 5 MILE 1 MILE 3 MILE 5 MILE
Total Businesses 340 5,551 12,964 2,287 47,042 126,014
Retail 67 663 1,655 367 4,589 11,263
Wholesale 5 105 370 21 1,023 9,393
Hospitality & Food Service 18 234 637 176 3,494 9,132
Real Estate, Renting, Leasing 5 229 523 25 1,233 3,007
Finance & Insurance 25 286 865 90 1,419 7,730
Information 13 113 290 62 1,454 3,808
Scientific & Technology Services 25 506 1,411 96 2,936 10,984
Management of Companies 0 3 7 0 9 110
Health Care & Social Assistance 75 2,069 3,410 575 17,427 27,029
Education Services 9 118 319 429 3,427 10,109
Public Administration & Sales 1 16 128 9 372 4,059
Arts, Entertainment, Recreation 1 54 153 2 470 1,605
Utilities 0 1 4 0 13 29
Admin Support & Waste Management 10 147 455 106 2,152 5,973
Construction 14 189 572 54 1,656 4,780
Manufacturing 4 99 394 14 2,072 8,916
Agriculture, Mining, Fishing 0 3 13 0 22 55
Other Services 68 716 1,758 261 3,274 8,032
6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322
P: 248 538 2000F: 248 538 9905
SERVICES
FOLLOW US
Email: [email protected]
Website: www.cmprealestategroup.com
CONTACT
MARKET ANALYSIS LAND SALES ACQUISITIONS PROPERTY MANAGEMENT
TENANT REPRESENTATION COMMERCIAL LEASING DISPOSITION INVESTMENT SALES
CMP Real Estate Group @CMPRealEstate
Specializing in retail real estate services, our team is committed to working with each client in to
achieve their objectives from assisting with project leasing, site selection, acquisitions/dispositions of
income producing properties or property management.