for sale or lease - locations · 2017. 1. 17. · 11000 e. jefferson ave., detroit, mi for sale or...

11000 E. Jefferson Ave., Detroit, MI

For Sale or Lease

Disclosure: We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease of financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You your tax and legal advisors should conduct your own investigation of the property and transaction.

Property Summary:

• 13,420 SF Retail Center on 2+ acre site.• Newer construction.• Priced to sell - asking $895,000.• 1,000 – 1,300 SF spaces available for lease.

Locations Commercial Real Estate Services32000 Northwestern Highway, Ste. 275Farmington Hills, MI 48334Office: (248) 516-7777

Contacts: Paul BensmanDirect: 248-939-9973Email: [email protected]


Property Details

• Built in 2003.

• New digital pylon sign.

• Ample parking.

• Over 2 acres of land.

• Outlot development possible.

• Zoned PD (Planned Development District).

• Adjacent to a similar center and a grocery store.

• Traffic: 19,000 ADT.

• Asking $895,000.

• 1,000 SF – 1,300 SF spaces available for lease. Contact Broker for lease information.


Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography page 1 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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

Lat/Lon: 42.3653/-82.9733RF5

11000 E Jefferson Ave1 mi radius 3 mi radius 5 mi radius

Detroit, MI 48214

PopulationEstimated Population (2016) 6,799 82,419 217,122Projected Population (2021) 7,077 86,273 223,396Census Population (2010) 6,953 86,147 226,641Census Population (2000) 10,788 121,933 303,762Projected Annual Growth (2016 to 2021) 278 0.8% 3,854 0.9% 6,274 0.6%

Historical Annual Growth (2010 to 2016) -154 -0.4% -3,728 -0.7% -9,519 -0.7%

Historical Annual Growth (2000 to 2010) -3,834 -3.6% -35,786 -2.9% -77,121 -2.5%

Estimated Population Density (2016) 2,165 psm 2,916 psm 2,766 psm

Trade Area Size 3.14 sq mi 28.26 sq mi 78.51 sq mi

HouseholdsEstimated Households (2016) 3,071 34,179 88,445Projected Households (2021) 3,278 36,763 93,465Census Households (2010) 3,027 34,404 88,560Census Households (2000) 4,159 44,016 109,404Estimated Households with Children (2016) 784 25.5% 9,871 28.9% 26,513 30.0%

Estimated Average Household Size (2016) 2.15 2.34 2.39

Average Household IncomeEstimated Average Household Income (2016) $39,434 $49,629 $51,052Projected Average Household Income (2021) $43,325 $55,651 $57,581

Estimated Average Family Income (2016) $48,097 $63,151 $64,285

Median Household IncomeEstimated Median Household Income (2016) $30,137 $37,317 $38,771Projected Median Household Income (2021) $32,512 $40,749 $42,639

Estimated Median Family Income (2016) $43,624 $51,504 $52,303

Per Capita IncomeEstimated Per Capita Income (2016) $18,075 $20,834 $21,077Projected Per Capita Income (2021) $20,321 $23,956 $24,364Estimated Per Capita Income 5 Year Growth $2,246 12.4% $3,122 15.0% $3,287 15.6%

Estimated Average Household Net Worth (2016) $260,487 $307,442 $317,525

Daytime Demos (2016)Total Businesses 230 2,405 9,962Total Employees 5,469 28,616 160,034Company Headquarter Businesses - - 23 1.0% 84 0.8%

Company Headquarter Employees - - 2,081 7.3% 22,280 13.9%

Employee Population per Business 23.8 11.9 16.1Residential Population per Business 29.6 34.3 21.8



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Lat/Lon: 42.3653/-82.9733RF5


Detroit, MI 48214

Race & EthnicityWhite (2016) 707 10.4% 15,678 19.0% 54,250 25.0%Black or African American (2016) 5,849 86.0% 63,597 77.2% 148,431 68.4%American Indian or Alaska Native (2016) 15 0.2% 268 0.3% 612 0.3%Asian (2016) 37 0.5% 689 0.8% 7,152 3.3%Hawaiian or Pacific Islander (2016) - - 9 - 21 - Other Race (2016) 21 0.3% 270 0.3% 842 0.4%Two or More Races (2016) 171 2.5% 1,908 2.3% 5,814 2.7%

Not Hispanic or Latino Population (2016) 6,707 98.6% 81,069 98.4% 213,068 98.1%Hispanic or Latino Population (2016) 92 1.4% 1,350 1.6% 4,054 1.9%Not Hispanic or Latino Population (2021) 6,947 98.2% 84,466 97.9% 218,162 97.7%Hispanic or Latino Population (2021) 130 1.8% 1,807 2.1% 5,233 2.3%Not Hispanic or Latino Population (2010) 6,916 99.5% 85,335 99.1% 223,987 98.8%Hispanic or Latino Population (2010) 37 0.5% 812 0.9% 2,654 1.2%Not Hispanic or Latino Population (2000) 10,723 99.4% 120,893 99.1% 300,716 99.0%Hispanic or Latino Population (2000) 64 0.6% 1,040 0.9% 3,046 1.0%Projected Hispanic Annual Growth (2016 to 2021) 38 8.2% 457 6.8% 1,180 5.8%Historic Hispanic Annual Growth (2000 to 2016) 28 2.7% 310 1.9% 1,007 2.1%

Age Distribution (2016)Age Under 5 425 6.3% 5,201 6.3% 14,498 6.7%Age 5 to 9 Years 363 5.3% 4,954 6.0% 13,861 6.4%Age 10 to 14 Years 335 4.9% 4,959 6.0% 13,712 6.3%Age 15 to 19 Years 361 5.3% 5,274 6.4% 15,049 6.9%Age 20 to 24 Years 486 7.2% 6,064 7.4% 17,467 8.0%Age 25 to 29 Years 420 6.2% 5,606 6.8% 16,286 7.5%Age 30 to 34 Years 335 4.9% 4,411 5.4% 12,745 5.9%Age 35 to 39 Years 297 4.4% 4,067 4.9% 11,579 5.3%Age 40 to 44 Years 451 6.6% 4,834 5.9% 12,884 5.9%Age 45 to 49 Years 461 6.8% 5,345 6.5% 13,804 6.4%Age 50 to 54 Years 526 7.7% 5,919 7.2% 14,942 6.9%Age 55 to 59 Years 582 8.6% 6,508 7.9% 16,107 7.4%Age 60 to 64 Years 482 7.1% 5,701 6.9% 14,062 6.5%Age 65 to 74 Years 671 9.9% 7,718 9.4% 17,790 8.2%Age 75 to 84 Years 394 5.8% 3,866 4.7% 8,129 3.7%Age 85 Years or Over 209 3.1% 1,992 2.4% 4,206 1.9%Median Age 42.6 39.3 36.5

Gender Age Distribution (2016)Female Population 3,605 53.0% 43,831 53.2% 112,978 52.0%

Age 0 to 19 Years 748 20.8% 10,000 22.8% 28,101 24.9%Age 20 to 64 Years 2,073 57.5% 25,488 58.2% 66,971 59.3%Age 65 Years or Over 783 21.7% 8,343 19.0% 17,905 15.8%

Female Median Age 44.0 41.2 38.0

Male Population 3,194 47.0% 38,588 46.8% 104,144 48.0%Age 0 to 19 Years 736 23.0% 10,388 26.9% 29,020 27.9%Age 20 to 64 Years 1,968 61.6% 22,968 59.5% 62,905 60.4%Age 65 Years or Over 490 15.4% 5,232 13.6% 12,220 11.7%

Male Median Age 41.2 37.1 34.9



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Lat/Lon: 42.3653/-82.9733RF5


Detroit, MI 48214

Household Income Distribution (2016)HH Income $200,000 or More 14 0.4% 1,267 3.7% 3,290 3.7%HH Income $150,000 to $199,999 123 4.0% 836 2.4% 2,351 2.7%HH Income $100,000 to $149,999 227 7.4% 2,186 6.4% 6,116 6.9%HH Income $75,000 to $99,999 100 3.2% 2,052 6.0% 5,821 6.6%HH Income $50,000 to $74,999 478 15.6% 4,430 13.0% 11,404 12.9%HH Income $35,000 to $49,999 390 12.7% 4,215 12.3% 11,099 12.5%HH Income $25,000 to $34,999 387 12.6% 3,918 11.5% 10,170 11.5%HH Income $15,000 to $24,999 441 14.4% 5,002 14.6% 12,461 14.1%HH Income Under $15,000 912 29.7% 10,273 30.1% 25,735 29.1%

HH Income $35,000 or More 1,331 43.3% 14,986 43.8% 40,080 45.3%HH Income $75,000 or More 463 15.1% 6,341 18.6% 17,578 19.9%

Housing (2016)Total Housing Units 3,741 42,198 106,857Housing Units Occupied 3,071 82.1% 34,179 81.0% 88,445 82.8%

Housing Units Owner-Occupied 1,228 40.0% 15,954 46.7% 41,445 46.9%Housing Units, Renter-Occupied 1,843 60.0% 18,225 53.3% 47,000 53.1%

Housing Units, Vacant 670 17.9% 8,019 19.0% 18,412 17.2%

Marital Status (2016)Never Married 2,705 47.7% 33,300 49.5% 86,801 49.6%Currently Married 1,281 22.6% 14,537 21.6% 41,818 23.9%Separated 324 5.7% 4,684 7.0% 11,707 6.7%Widowed 704 12.4% 6,029 9.0% 13,252 7.6%Divorced 661 11.7% 8,755 13.0% 21,473 12.3%

Household Type (2016)Population Family 4,871 71.6% 62,306 75.6% 164,960 76.0%Population Non-Family 1,733 25.5% 17,797 21.6% 46,204 21.3%Population Group Quarters 195 2.9% 2,316 2.8% 5,958 2.7%

Family Households 1,530 49.8% 18,704 54.7% 48,358 54.7%Non-Family Households 1,541 50.2% 15,475 45.3% 40,087 45.3%Married Couple with Children 193 15.1% 2,677 18.4% 8,882 21.2%Average Family Household Size 3.2 3.3 3.4

Household Size (2016)1 Person Households 1,389 45.2% 13,694 40.1% 35,250 39.9%2 Person Households 784 25.5% 8,733 25.6% 22,007 24.9%3 Person Households 410 13.3% 4,814 14.1% 11,987 13.6%4 Person Households 220 7.2% 3,162 9.3% 8,524 9.6%5 Person Households 137 4.5% 1,877 5.5% 5,242 5.9%6 or More Person Households 131 4.3% 1,899 5.6% 5,435 6.1%

Household Vehicles (2016)Households with 0 Vehicles Available 829 27.0% 9,430 27.6% 21,973 24.8%Households with 1 Vehicles Available 1,509 49.1% 14,949 43.7% 39,287 44.4%Households with 2 or More Vehicles Available 733 23.9% 9,799 28.7% 27,185 30.7%

Total Vehicles Available 3,329 37,883 102,860Average Vehicles Per Household 1.1 1.1 1.2



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Lat/Lon: 42.3653/-82.9733RF5


Detroit, MI 48214

Labor Force (2016)Estimated Labor Population Age 16 Years or Over 5,605 66,352 172,371Estimated Civilian Employed 2,542 45.4% 30,754 46.3% 83,182 48.3%Estimated Civilian Unemployed 201 3.6% 2,683 4.0% 6,916 4.0%Estimated in Armed Forces 1 - 31 - 72 - Estimated Not in Labor Force 2,861 51.0% 32,885 49.6% 82,201 47.7%Unemployment Rate 3.6% 4.0% 4.0%

Occupation (2010)Occupation: Population Age 16 Years or Over 1,918 25,085 71,310Management, Business, Financial Operations 266 13.9% 3,018 12.0% 8,110 11.4%Professional, Related 276 14.4% 4,802 19.1% 14,388 20.2%Service 589 30.7% 6,659 26.5% 18,249 25.6%Sales, Office 530 27.6% 6,251 24.9% 17,480 24.5%Farming, Fishing, Forestry 2 0.1% 101 0.4% 222 0.3%Construct, Extraction, Maintenance 50 2.6% 1,193 4.8% 3,456 4.8%Production, Transport Material Moving 204 10.6% 3,060 12.2% 9,405 13.2%

White Collar Workers 1,073 55.9% 14,072 56.1% 39,978 56.1%Blue Collar Workers 845 44.1% 11,013 43.9% 31,332 43.9%

Consumer Expenditure (2016)Total Household Expenditure $115 M $1.46 B $3.83 B

Total Non-Retail Expenditure $61.3 M 53.4% $782 M 53.7% $2.06 B 53.7%Total Retail Expenditure $53.6 M 46.6% $675 M 46.3% $1.77 B 46.3%

Apparel $3.99 M 3.5% $51.1 M 3.5% $134 M 3.5%Contributions $4.52 M 3.9% $61.2 M 4.2% $161 M 4.2%Education $4.08 M 3.6% $54.3 M 3.7% $143 M 3.7%Entertainment $6.25 M 5.4% $79.9 M 5.5% $210 M 5.5%Food and Beverages $17.4 M 15.1% $218 M 15.0% $572 M 14.9%Furnishings and Equipment $3.68 M 3.2% $47.7 M 3.3% $126 M 3.3%Gifts $2.67 M 2.3% $34.9 M 2.4% $91.7 M 2.4%Health Care $9.77 M 8.5% $121 M 8.3% $316 M 8.3%Household Operations $3.00 M 2.6% $39.8 M 2.7% $105 M 2.7%Miscellaneous Expenses $1.77 M 1.5% $21.8 M 1.5% $57.2 M 1.5%Personal Care $1.50 M 1.3% $19.0 M 1.3% $49.8 M 1.3%Personal Insurance $772 K 0.7% $10.3 M 0.7% $27.1 M 0.7%Reading $254 K 0.2% $3.21 M 0.2% $8.44 M 0.2%Shelter $23.9 M 20.8% $304 M 20.8% $796 M 20.8%Tobacco $806 K 0.7% $9.73 M 0.7% $25.4 M 0.7%Transportation $21.3 M 18.6% $268 M 18.4% $707 M 18.5%Utilities $9.18 M 8.0% $114 M 7.8% $298 M 7.8%

Educational Attainment (2016)Adult Population Age 25 Years or Over 4,828 55,967 142,533Elementary (Grade Level 0 to 8) 235 4.9% 2,621 4.7% 7,041 4.9%Some High School (Grade Level 9 to 11) 704 14.6% 8,653 15.5% 19,838 13.9%High School Graduate 1,456 30.2% 16,533 29.5% 41,566 29.2%Some College 1,217 25.2% 13,388 23.9% 33,515 23.5%Associate Degree Only 341 7.1% 3,759 6.7% 9,813 6.9%Bachelor Degree Only 439 9.1% 5,839 10.4% 16,284 11.4%Graduate Degree 437 9.0% 5,175 9.2% 14,475 10.2%



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Lat/Lon: 42.3653/-82.9733RF5


Detroit, MI 48214

Units In Structure (2010)1 Detached Unit 1,434 47.4% 18,819 54.7% 50,985 57.6%1 Attached Unit 295 9.8% 3,396 9.9% 8,463 9.6%2 to 4 Units 288 9.5% 4,315 12.5% 7,603 8.6%5 to 9 Units 106 3.5% 831 2.4% 2,576 2.9%10 to 19 Units 129 4.3% 1,251 3.6% 3,062 3.5%20 to 49 Units 231 7.6% 1,213 3.5% 3,516 4.0%50 or More Units 516 17.0% 4,309 12.5% 11,694 13.2%Mobile Home or Trailer 27 0.9% 269 0.8% 630 0.7%Other Structure - - 1 - 32 -

Homes Built By Year (2010)Homes Built 2005 or later 243 8.0% 1,003 2.9% 2,034 2.3%Homes Built 2000 to 2004 81 2.7% 969 2.8% 2,604 2.9%Homes Built 1990 to 1999 173 5.7% 2,245 6.5% 5,272 6.0%Homes Built 1980 to 1989 167 5.5% 2,234 6.5% 5,602 6.3%Homes Built 1970 to 1979 236 7.8% 2,976 8.6% 7,711 8.7%Homes Built 1960 to 1969 405 13.4% 2,877 8.4% 8,644 9.8%Homes Built 1950 to 1959 395 13.0% 4,721 13.7% 14,615 16.5%Homes Built Before 1949 1,327 43.8% 17,379 50.5% 42,080 47.5%

Home Values (2010)Home Values $1,000,000 or More 1 0.1% 68 0.4% 219 0.5%Home Values $500,000 to $999,999 8 0.7% 327 2.1% 913 2.2%Home Values $400,000 to $499,999 27 2.3% 314 2.0% 677 1.6%Home Values $300,000 to $399,999 45 3.8% 559 3.5% 1,548 3.7%Home Values $200,000 to $299,999 116 9.8% 1,219 7.7% 3,204 7.7%Home Values $150,000 to $199,999 97 8.2% 1,387 8.7% 3,711 8.9%Home Values $100,000 to $149,999 106 9.0% 2,130 13.4% 6,636 16.0%Home Values $70,000 to $99,999 279 23.6% 2,822 17.7% 8,097 19.5%Home Values $50,000 to $69,999 122 10.3% 2,442 15.3% 6,385 15.4%Home Values $25,000 to $49,999 204 17.2% 2,484 15.6% 5,901 14.2%Home Values Under $25,000 178 15.0% 2,156 13.6% 4,303 10.3%Owner-Occupied Median Home Value $95,167 $95,980 $102,371Renter-Occupied Median Rent $568 $567 $573

Transportation To Work (2010)Drive to Work Alone 1,172 60.3% 18,073 73.9% 51,109 73.9%Drive to Work in Carpool 322 16.6% 2,103 8.6% 6,190 9.0%Travel to Work by Public Transportation 184 9.5% 2,094 8.6% 5,066 7.3%Drive to Work on Motorcycle - - 35 0.1% 66 0.1%Walk or Bicycle to Work 72 3.7% 766 3.1% 3,207 4.6%Other Means - - 344 1.4% 961 1.4%Work at Home 192 9.9% 1,033 4.2% 2,524 3.7%

Travel Time (2010)Travel to Work in 14 Minutes or Less 381 21.8% 5,254 22.4% 14,536 21.8%Travel to Work in 15 to 29 Minutes 785 44.9% 9,359 40.0% 26,048 39.1%Travel to Work in 30 to 59 Minutes 425 24.3% 7,120 30.4% 21,829 32.8%Travel to Work in 60 Minutes or More 158 9.0% 1,682 7.2% 4,187 6.3%Average Minutes Travel to Work 20.3 23.1 23.5

for sale or lease - locations · 2017. 1. 17. · 11000 e. jefferson ave., detroit, mi for sale or...

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