for sale / lease retail / officecms5.revize.com/revize/oakpark/departments/commdev/...tenant...
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CONTACT
6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322
P: 248 538 2000 F: 248 538 9905
www.cmprealestategroup.com
HARRY BARASH CHRIS JONNA
[email protected] [email protected]
RETAIL / OFFICE
20800 Greenfield Road Oak Park, MI 48237
FOR SALE / 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
Building Size 14,480 SF
Space Available 14,480 SF
Minimum Available 1,950 SF
Maximum Available 14,480 SF
Sale Price $399,000
Asking Rate Contact Broker
NNN Charge’s (2017 Taxes) $7,657
Parking 73 Spaces
ADDRESS
20800 GREENFIELD ROAD
OAK PARK, MICHIGAN 48237
20800 Greenfield Rd. Oak Park, MI
PROPERTY SUMMARY
DEMOGRAPHICS
Population 370,628 people
Households 151,458 homes
Average Household Income $62,322 / annually
Employees 154,826 employees
PROPERTY HIGHLIGHTS
Property is located in the city of Oak Pak on the east side of Greenfield just north
of 8 Mile.
Property is zoned B2 which is the highest commercial zoning & allows for a
number of uses including: restaurant w/drive-thru, retail, office, medical & many
other uses.
14,480 SF two story building on an approx. .77 acre parcel (124 x 271)
Property consists of a former 2,730 SF bank with two drive-thru lanes that front
Greenfield. There is 1,950 SF of former office space on the remaining of the 1st
floor and up to 8,836 SF of contiguous office space on the 2nd floor.
Very busy area directly across the street from former Northland Mall that is
currently on the market for a redevelopment.
Property is available for sale or 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.
20800 Greenfield Rd. Oak Park, MI
PLAT MAP
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20800 Greenfield Rd. Oak Park, MI
FLOOR PLAN
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20800 Greenfield Rd. Oak Park, MI
PICTURES
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20800 Greenfield Rd. Oak Park, MI
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
2023 Projection 14,896 148,222 368,080
2018 Estimate 15,003 149,704 370,628
2010 Census 15,585 157,332 384,678
Growth 2018-2023 -0.71% -0.99% -0.69%
Growth 2010-2018 -3.73% -4.85% -3.65%
2018 Population Hispanic Origin 165 1,732 5,722
2018 Population by Race:
White 473 22,960 105,040
Black 14,108 121,833 251,393
Am. Indian & Alaskan 37 391 1,157
Asian 100 1,177 4,362
Hawaiian & Pacific Island 0 18 104
Other 284 3,325 8,572
U.S. Armed Forces: 1 24 83
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2023 Projection 6,021 58,619 150,525
2018 Estimate 6,065 59,177 151,458
2010 Census 6,306 62,127 156,965
Growth 2018 - 2023 -0.73% -0.94% -0.62%
Growth 2010 - 2018 -3.82% -4.75% -3.51%
Owner Occupied 3,669 37,864 95,118
Renter Occupied 2,396 21,313 56,340
2018 Avg Household Income $51,214 $56,103 $62,322
2018 Med Household Income $41,087 $40,878 $44,224
2018 Households by Household Inc:
<$25,000 1,879 19,387 46,456
$25,000 - $50,000 1,722 15,178 36,916
$50,000 - $75,000 1,161 9,728 24,298
$75,000 - $100,000 712 6,655 16,760
$100,000 - $125,000 213 3,688 10,926
$125,000 - $150,000 211 1,924 5,836
$150,000 - $200,000 108 1,232 5,306
$200,000+ 59 1,385 4,961
20800 Greenfield Rd. Oak Park, MI
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.
20800 Greenfield Rd. Oak Park, MI
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 1,324 5,995 16,309 12,259 52,421 154,826
Retail 132 706 1,983 823 4,882 15,117
Wholesale 26 154 407 147 1,376 4,607
Hospitality & Food Service 22 255 839 339 3,395 13,508
Real Estate, Renting, Leasing 39 248 650 350 1,302 4,149
Finance & Insurance 44 342 1,124 207 1,521 7,749
Information 11 139 393 49 2,110 5,142
Scientific & Technology Services 84 607 1,976 645 3,365 14,959
Management of Companies 1 3 7 3 9 136
Health Care & Social Assistance 742 1,917 4,621 7,529 17,597 40,332
Education Services 29 147 347 618 4,314 10,048
Public Administration & Sales 2 55 199 8 1,484 4,503
Arts, Entertainment, Recreation 13 56 181 64 483 1,829
Utilities 0 2 10 0 16 108
Admin Support & Waste Management 29 198 517 738 3,229 6,483
Construction 21 235 656 139 1,708 4,694
Manufacturing 17 131 436 94 2,109 10,271
Agriculture, Mining, Fishing 0 6 10 0 38 52
Other Services 112 794 1,953 506 3,483 11,139
6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322
P: 248 538 2000F: 248 538 9905
SERVICES
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Email: [email protected]
Website: www.cmprealestategroup.com
CONTACT
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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.