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ERIC SZERLAGSenior Assoc ia teeszer [email protected]
EXCLUSIVELY LISTED BY:
GOODRICH PLAZAFOR SALE
8 1 4 7 S . S TAT E R O A D , G O O D R I C H , M I 4 8 4 3 8
E X E C U T I V E S U M M A R Y : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 2
PROPERTY OVERVIEWA 27,000 sq.ft. fully occupied Retail Center.
PROPERTY HIGHLIGHTS
• 100% Occupied Retail Center.
• Low cost per square foot
• Dollar General and Goodwill account for approximately 60% of rental income.
• Recently renovated-very low deferred maintenance.
• New facade, parking lot and roof.
OFFERING SUMMARY
Sale Price: $1,950,000
Price / SF: $71.62
LocationDescription:
East side of State Road(M-15), south of Hegelin Goodrich.
APN: 02-22-526-015
Year Built: 1976
Building Size: 27,228 SF
Zoning: CBD - CentralBusiness District
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 3
PROPERTY NAME: Goodrich Plaza
GOODRICH PLAZA 8147 S. State RoadGoodrich, MI 48438
PROPERTY TYPE: Retail
APN: 02-22-526-015
ZONING: CBD - Central Business District
TAXES: $21,482.44
YEAR BUILT: 1976
NUMBER OF STORIES: 1
SURROUNDING BUSINESSES: US Post Office, John's Steak House and various downtown businesses
LAND LEGAL DESCRIPTION: LOTS 3 THRU 13 HAWES SUBDIVISION SEC 22 T6N R8E (93) FR 0200057004
UTILITIES DESCRIPTION: City Water & Sanitary Sewer
OCCUPANCY % 100%
TRAFFIC COUNT & STREETS: State Road = 11,752
BUILDING SIZE: 27,228 SF
NO. OF PARKING SPACES: 160
P R O P E R T Y D E TA I L S : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 4
Pharmacy Building
Center Photo
Center Sign
A D D I T I O N A L P H O T O S : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 5
R E N T R O L L : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 6
I N C O M E & E X P E N S E S : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 7
A E R I A L M A P : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 8
L O C AT I O N M A P S : Goodrich Plaza | Goodrich, MI 48438
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 9
* Demographic data derived from 2010 US Census
POPULATION 1 MILE 5 MILES 10 MILESTOTAL POPULATION 1,863 15,783 135,958MEDIAN AGE 37.3 40.2 39.1MEDIAN AGE (MALE) 36.8 39.7 37.8MEDIAN AGE (FEMALE) 39.2 40.9 40.4
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILESTOTAL HOUSEHOLDS 623 5,387 51,530# OF PERSONS PER HH 3.0 2.9 2.6AVERAGE HH INCOME $89,873 $95,304 $75,035AVERAGE HOUSE VALUE $237,197 $238,939 $209,988
D E M O G R A P H I C S M A P : Goodrich Plaza | Goodrich, MI 48438
