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15550 HAGGERTY RD - LAND
15550 N Haggerty Rd • Northville Twp, MI 48170
P R E S E N T E D B Y Simon Jonna
Senior Managing Director Investments
Senior Director - Net Leased Properties
Group
Detroit Office
Tel: (248) 415-2625
N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E
Confidentiality and DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to
be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other
person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to
provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of
interest in the subject property. The information contained herein is not a substitute for a thorough due diligence
investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with
respect to the income or expenses for the subject property, the future projected financial performance of the
property, the size and square footage of the property and improvements, the presence or absence of contaminating
substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the
improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or
intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure
has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not
verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding
these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the
information provided. All potential buyers must take appropriate measures to verify all of the information set forth
herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017
Marcus & Millichap. All rights reserved.
Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in
this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply
affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or
subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for
the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.
PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.
15550 HAGGERTY RD
Plymouth, MI
ACT ID Y0290677
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15550 HAGGERTY RD
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INVESTMENT
OVERVIEW
OFFERING SUMMARY
Price Build-to-Suit / Ground Lease
Lot Size (SF) 93,654
Lot Size (Acres) 2.15 acre(s)
Number of Lots 1
Type of Ownership Fee Simple
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EXECUTIVE SUMMARY
OFFERING SUMMARY
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15550 HAGGERTY RD
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15550 HAGGERTY RD
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OFFERING SUMMARY
MAJOR EMPLOYERS
EMPLOYER# OF EMPLOYEES
*
Tower International 11,022
Ford Motor Company 4,787
Kohlberg & Co LLC 3,130
Auto Workers AFL CIO 2,000
Automtive Cmpnnts Holdings LLC
1,800
Robert Bosch LLC 1,641
Flint Group 1,500
St Mary Mercy Gift Shop 1,500
Ayc 1,400
Flint Group Print Media N Amer
1,400
Roush 1,255
Kurabe America Corporation 1,100
DEMOGRAPHICS
1-Miles 3-Miles 5-Miles
2016 Estimate Pop 9,977 62,508 195,725
2016 Census Pop 10,238 64,167 198,805
2016 Estimate HH 4,259 26,680 82,281
2016 Census HH 4,358 27,328 83,379
Median HH Income $85,120 $78,254 $73,718
Per Capita Income $44,024 $43,378 $42,063
Average HH Income $103,120 $101,326 $99,810
▪ Build to Suit/Ground Lease Opportunity | 2.15 Acres
▪ Ideal for Medical/Hospital/Office/Retail Credit Tenant User
▪ Also Ideal for Hotel or Multi-Family Development
▪ High Growth Pocket on Haggerty between 5 & 6 Mile
▪ Property Zoned B1 Local Business | Commercial
▪ High Density Infill Retail / Residential Area w/ Strong & Dense Demos
▪ Solid Traffic Counts | Over 24,000 VPD | Immediate Ease of Access to
▪ Vibrant Locale | Growing 195K People in 5 Mile RadiusI-275
▪ New 36,000 Sq. Ft Medical/Office Coming Next Door
▪ Minutes From The Inn at St. John’s | AAA Four Diamond Hotel
▪ Join Bosch, Schoolcraft College, Oasis Golf Center, St. Joes Stadium, Kroger
McDonald’s, & Cantoro’s Italian Market
INVESTMENT HIGHLIGHTS
REGIONAL MAP
15550 HAGGERTY RD
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LOCAL MAP
15550 HAGGERTY RD
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AERIAL PHOTO
15550 HAGGERTY RD
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2.15 Acre Land
Zoned B1
Commercial
Subject SiteMcDonald’s
Average Household Income Over $103,000 Within One Mile
Over 195,000 People Within 5 Miles Radius
AERIAL PHOTO
15550 HAGGERTY RD
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2.15 Acre Land
Zoned B1
Commercial
Subject Site
McDonald’s
Over 18,000 Vehicles Per Day
McDonald’s
Jimmy Johns
LAND SURVEY
15550 HAGGERTY RD
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15550 HAGGERTY RD
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MARKET
OVERVIEW
15550 HAGGERTY RD
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Cantoro’s Italian Market - From a wide selection of old world, homemade baked goods and meal items, along with
hard-to-find imported packaged food products. This gourmet market experience captures the inspiration behind
Cantoro: the Fallone family’s many visits to Italy. Their Plymouth location is unique because within it exists a restaurant
called the Trattoria, private banquet areas, a Mezzanine area, as well as the old world Wine Cellar located in the lower
level. This location also offers fresh produce daily and a kitchenware department located on the second level. Often
referred to as the Disneyland of everything Mediterranean food-related, customers agree Cantoro’s is a unique place
to visit and shop.
NORTHVILLE TWPMICHIGAN
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15550 HAGGERTY RD
MARKET OVERVIEW
Northville Township, officially the Charter Township
of Northville, is a charter township in the U.S.
state of Michigan and a suburb in Metro Detroit. The
population was 28,497 at the 2010 census.
The City of Northville is adjacent to the northern part of
the township but is administratively autonomous.
Portions of Northville Township were incorporated into
the Village of Northville, which later incorporated as the
City of Northville. Portions of the township have also
since been annexed to the city. Northville is a lively
township, with a 150-year old history, that offers
beautiful neighborhoods, a vibrant business district,
first-rate schools and city services, historic buildings and
settings, and plenty of parks and trails for relaxing,
enjoying nature and staying active.
THE INN AT ST. JOHNSPLYMOUTH, MI
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The Inn at St. John’s Plymouth, MI has been etched inSoutheast Michigan history and tradition for more than half acentury. Located in the upscale Metro Detroit suburb ofPlymouth, MI. This breathtaking landmark is the premierlocation for luxury hotel accommodations, gourmet restaurantdining, corporate meetings & events, weddings, receptions,executive meetings, charity galas, special events and golfoutings.
The Inn at St. John's is Metro Detroit's fourth largest hotel withconference center and golf course in terms of total meetingspace. The Inn at St. John's Plymouth, MI location is within 30miles of Ann Arbor, Novi, Livonia, Detroit, Royal Oak, WestBloomfield, and Farmington Hills.
MARKET OVERVIEW
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15550 HAGGERTY RD
MARKET OVERVIEW
DETROITOVERVIEW
The Detroit metro is located in the southeastern portion of
Michigan along the Detroit River, which connects Lake St. Clair
and Lake Erie. Across the Detroit River lies the city of Windsor,
Ontario, which provides access to the Canadian market. The
metro is a nearly 4,000-square-mile region composed of six
counties: Wayne, Macomb, Lapeer, Oakland, St. Clair and
Livingston. More than 4.3 million residents reside in the area and
after years of declining population, the metro is adding residents
again as employers and development expand. Wayne is the most
populated county, followed by Oakland County. Detroit is the
largest city with more than 700,000 residents.
MARKET OVERVIEW
METRO HIGHLIGHTS
EMPLOYMENT GROWTH
Job creation will remain strong as the metro is
expected to exceed the national average in
employment gains through 2021.
AUTO DESIGN AND MANUFACTURING
The metro is home to the Big Three as well as
two-thirds of the world’s automotive research and
development firms.
DIVERSIFYING ECONOMY
Increased entrepreneurial activity has created a
knowledge-based economy, diversifying beyond
manufacturing and the auto industry.
15550 HAGGERTY RD
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MARKET OVERVIEW
ECONOMY▪ Multiple Fortune 500 corporations are based in the metro, many of which are in the auto
industry, such as General Motors Corp., Ford Motor Co. and Chrysler LLC. Other
companies include Visteon, DTE Energy, Ally Financial and Kelly Services.
▪ A growing knowledge-based economy is supplementing the manufacturing and automotive
industries. The New Economy Initiative for Southeast Michigan provides support and
networking for entrepreneurial activity.
▪ The economy is diversifying into the healthcare and technology sectors, attracting
companies to the area. Tech companies work alongside the auto industry.
SHARE OF 2016 TOTAL EMPLOYMENT
MAJOR AREA EMPLOYERS
General Motors Corp.
Quicken Loans
Chrysler Group LLC
DTE Energy
Detroit Public Schools
Henry Ford Health System
St. John Providence Health System
Ford Motor Co.
Detroit Medical Center
Wayne State University* Forecast
MANUFACTURING12%
GOVERNMENT
HEALTH SERVICES
EDUCATION AND
+OTHER SERVICES
4%
LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES
18%
AND UTILITIES
TRADE, TRANSPORTATION CONSTRUCTION
PROFESSIONAL AND
BUSINESS SERVICES
1%INFORMATION
21%
3%
9% 10% 6%
16%
15550 HAGGERTY RD
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MARKET OVERVIEW
DEMOGRAPHICS
SPORTS
EDUCATION
ARTS & ENTERTAINMENT
▪ The metro is expected to add nearly 50,000 people through 2021, resulting in the
formation of roughly 30,000 households and generating demand for housing.
▪ Relatively affordable home prices produce a homeownership rate of 69 percent,
which is above the national rate of 64 percent.
▪ Almost 28 percent of residents age 25 and older are bachelor’s degree holders
and 11 percent also have earned a graduate or professional degree.
The Detroit region, birthplace of Motown and the mass-production automobile
industry, offers all the benefits of living close to the Great Lakes but at a
moderate cost. Revitalization has included sports facilities such as Comerica
Park for the Tigers, Ford Field for the Lions, and a new hockey arena for the Red
Wings. Additionally, new entertainment and retail venues are reshaping
downtown Detroit. For culture buffs, the region is home of the Detroit Institute
of Arts, the Detroit Historical Museum and the Michigan Science Center.
Meanwhile, several universities and colleges are located nearby, including the
University of Michigan, Wayne State University, University of Detroit Mercy and
Lewis College of Business.
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2016MEDIAN AGE:
U.S. Median:
37.7
$54,400
2016 MEDIAN HOUSEHOLD INCOME:
U.S. Median:
$54,500
4.3M
2016POPULATION:
Growth2016-2021*:
1.2%
1.7M
2016HOUSEHOLDS:
1.7%
Growth2016-2021*:
QUALITY OF LIFE
2016 Population by Age
0-4 YEARS
6%5-19 YEARS
19%20-24 YEARS
7%25-44 YEARS
25%45-64 YEARS
29%65+ YEARS
15%
15550 HAGGERTY RD
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PROPERTY NAME
MARKETING TEAM
15550 HAGGERTY RD
DEMOGRAPHICS
Source: © 2016 Experian
Created on September 2017
POPULATION 1 Miles 3 Miles 5 Miles
▪2021 ProjectionTotal Population 10,034 63,466 199,501
▪2016 EstimateTotal Population 9,977 62,508 195,725
▪2010 CensusTotal Population 10,238 64,167 198,805
▪2000 CensusTotal Population 10,756 64,331 197,634
▪Daytime Population2016 Estimate 9,651 90,847 233,446
HOUSEHOLDS 1 Miles 3 Miles 5 Miles
▪2021 ProjectionTotal Households 4,393 27,317 84,084
▪2016 EstimateTotal Households 4,259 26,680 82,281Average (Mean) Household Size
2.28 2.31 2.37
▪2010 CensusTotal Households 4,358 27,328 83,379
▪2000 CensusTotal Households 4,067 25,769 79,927
HOUSEHOLDS BY
INCOME1 Miles 3 Miles 5 Miles
▪2016 Estimate$250,000 or More 3.56% 4.27% 4.36%$200,000 - $249,999 2.34% 2.86% 2.91%$150,000 - $199,999 12.11% 8.81% 8.08%$125,000 - $149,999 8.37% 8.03% 7.68%$100,000 - $124,999 13.70% 12.76% 11.54%$75,000 - $99,999 16.29% 15.29% 14.63%$50,000 - $74,999 15.00% 16.03% 17.22%$35,000 - $49,999 10.79% 11.00% 11.16%$25,000 - $34,999 7.02% 7.56% 8.38%$15,000 - $24,999 7.41% 7.92% 7.69%Under $15,000 3.42% 5.46% 6.37%
Average Household Income
$103,120 $101,326 $99,810
Median Household Income
$85,120 $78,254 $73,718
Per Capita Income $44,024 $43,378 $42,063
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PROPERTY NAME
MARKETING TEAM
15550 HAGGERTY RD
DEMOGRAPHICS
Source: © 2016 Experian
Created on September 2017
POPULATION PROFILE 1 Miles 3 Miles 5 Miles
▪Population by Age0 to 4 Years 3.98% 4.28% 4.79%5 to 14 Years 9.88% 10.70% 11.42%15 to 17 Years 3.44% 3.65% 3.83%18 to 19 Years 1.93% 2.10% 2.11%20 to 24 Years 4.62% 5.62% 5.94%25 to 29 Years 4.63% 5.66% 6.22%30 to 34 Years 4.94% 5.00% 5.47%35 to 39 Years 4.80% 4.80% 5.22%40 to 49 Years 12.91% 13.34% 13.68%50 to 59 Years 17.40% 16.98% 16.48%60 to 64 Years 8.10% 7.27% 7.01%65 to 69 Years 7.09% 6.26% 5.87%70 to 74 Years 5.41% 4.66% 4.07%75 to 79 Years 3.74% 3.36% 2.84%80 to 84 Years 3.03% 2.80% 2.29%Age 85+ 4.09% 3.50% 2.77%Median Age 49.22 46.45 43.91
POPULATION PROFILE 1 Miles 3 Miles 5 Miles
▪Population 25+ by Education Level
2016 Estimate Population Age 25+
7,597 46,038 140,759
Elementary (0-8) 1.37% 1.26% 1.13%
Some High School (9-11)
2.87% 3.24% 3.64%
High School Graduate (12)
17.19% 18.64% 19.55%
Some College (13-15) 19.95% 20.65% 20.92%
Associate Degree Only 9.55% 9.57% 8.79%
Bachelors Degree Only 29.93% 27.38% 27.35%
Graduate Degree 18.56% 18.91% 17.98%
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Income
In 2016, the median household income for your selected
geography is $73,718, compare this to the US average which
is currently $54,505. The median household income for your
area has changed by 11.22% since 2000. It is estimated that
the median household income in your area will be $85,576
five years from now, which represents a change of 16.09%
from the current year.
The current year per capita income in your area is $42,063,
compare this to the US average, which is $29,962. The
current year average household income in your area is
$99,810, compare this to the US average which is $78,425.
Population
In 2016, the population in your selected geography is
195,725. It is estimated that the population in your area will
be 199,501.00 five years from now, which represents a
change of 1.93% from the current year. The current
population is 47.82% male and 52.18% female. The median
age of the population in your area is 43.91, compare this to
the US average which is 37.68. The population density in
your area is 2,486.97 people per square mile.
Households
There are currently 82,281 households in your selected
geography. The number of households has changed by
2.95% since 2000. It is estimated that the number of
households in your area will be 84,084 five years from now,
which represents a change of 2.19% from the current year.
The average household size in your area is 2.37 persons.
Employment
In 2016, there are 155,365 employees in your selected area,
this is also known as the daytime population. The 2000
Census revealed that 73.99% of employees are employed in
white-collar occupations in this geography, and 26.13% are
employed in blue-collar occupations. In 2016,
unemployment in this area is 4.15%. In 2000, the average
time traveled to work was 26.00 minutes.
Race and Ethnicity
The current year racial makeup of your selected area is as
follows: 83.13% White, 6.82% Black, 0.02% Native American
and 7.46% Asian/Pacific Islander. Compare these to US
averages which are: 70.77% White, 12.80% Black, 0.19%
Native American and 5.36% Asian/Pacific Islander. People of
Hispanic origin are counted independently of race.
People of Hispanic origin make up 2.75% of the current year
population in your selected area. Compare this to the US
average of 17.65%.
PROPERTY NAME
MARKETING TEAM
15550 HAGGERTY RD
Housing
The median housing value in your area was $196,668 in
2016, compare this to the US average of $187,181. In 2000,
there were 58,759 owner occupied housing units in your
area and there were 21,168 renter occupied housing units in
your area. The median rent at the time was $671.
DEMOGRAPHICS
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15550 HAGGERTY RD
DEMOGRAPHICS
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TRAFFIC COUNT
YEAR COUNT
2009 24,640
2011 18,770
2009 9,990
MARKETING PLAN
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LOCATION OVERVIEWTENANT SUMMARYPRICING AND VALUATION MATRIX
PROPERTY NAME15550 HAGGERTY RD
PRICING AND VALUATION MATRIX
PROPERTY NAME15550 HAGGERTY RD
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MARKET OVERVIEW
Source: © 2016 Experian
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P R E S E N T E D B Y
Simon Jonna
Senior Managing Director Investments
Senior Director - National Retail Group
Detroit Office
Tel: (248) 415-2625
Fax: (248) 352-3813
Licenses: MI 6502378181
www.TheJonnaGroup.com
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