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Jordan [email protected]
Jessica [email protected]
VISIT US AT
WWW.CMPREALESTATEGROUP.COM
CMP REAL ESTATE GROUP6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322 (P): (248) 538-2000 | (F): (248) 538-9905
PINE COVE PLAZANWC RICHARDSON & UNION LAKE ROAD
COMMERCE, MICHIGAN
NOTABLE TENANTS
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.
PROPERTY HIGHLIGHTS
» Nice end-cap unit with great visibility is available for lease adjacent to McDonald’s.
» Pine Cove Plaza is easily accessible to both Richardson and Union Lake Road.
» Turn-Key Dentist office is ready for immediate occupancy.
» The M-5 Connector connects to Richardson Road through Martin Parkway.
» Center offers good stability as Einstein Bagels and Real Estate One have recently extended their leases.
PROPERTY INFORMATION
Shopping Center Size 27,711 SF
Space Available 8,609 SF
Minimum Available 1,373 SF
Maximum Available 4,000 SF
Asking Rate Contact Broker
NNN Charge’s $5.20 PSF
Parking 125 spaces
DEMOGRAPHICS (FIVE MILE RADIUS)
Population 151,504 people
Households 59,210 homes
Average Household Income $107,839/annually
Employees 44,167 employees
PINE COVE PLAZAPROPERTY SUMMARY
PROPERTY ADDRESS
8350 Richardson RoadCommerce, Michigan 48382
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
PINE COVE PLAZASITE PLAN
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
PINE COVE PLAZAFLOOR PLAN
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
PINE COVE PLAZAAERIAL
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
PINE COVE PLAZADEMOGRAPHICS
Population: 1 - Mile 3 - Mile 5 - Mile
2022 Projection 3,571 52,114 155,487
2017 Estimate 3,555 50,700 151,504
2010 Census 3,788 47,958 144,566
Growth 2017-2022 0.45% 2.79% 2.63%
Growth 2010-2017 -6.15% 5.72% 4.80%
2017 Population Hispanic Origin 67 1,121 4,184
2017 Population by Race:
White 3,251 44,338 124,769
Black 81 2,856 12,560
Am. Indian & Alaskan 5 111 356
Asian 152 2,440 10,819
Hawaiian & Pacific Island 0 8 27
Other 65 948 2,972
U.S. Armed Forces: 0 9 14
Households: 1 - Mile 3 - Mile 5 - Mile
2022 Projection 1,262 19,668 60,803
2017 Estimate 1,254 19,121 59,210
2010 Census 1,323 18,040 56,383
Growth 2017 - 2022 0.64% 2.86% 2.69%
Growth 2010 - 2017 -5.22% 5.99% 5.01%
Owner Occupied 1,148 15,896 45,465
Renter Occupied 106 3,225 13,745
2017 Avg Household Income $133,488 $109,336 $107,839
2017 Med Household Income $109,120 $85,701 $83,108
2017 Households by Household Inc:
<$25,000 61 1,728 6,528
$25,000 - $50,000 168 3,343 10,428
$50,000 - $75,000 200 3,365 10,164
$75,000 - $100,000 127 2,627 7,663
$100,000 - $125,000 196 2,122 6,639
$125,000 - $150,000 130 1,800 5,055
$150,000 - $200,000 144 2,003 5,908
$200,000+ 229 2,133 6,826
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.
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
PINE COVE PLAZADEMOGRAPHICS – DAYTIME POPULATION
Daytime Employment# of Businesses # of Employees
1-Mile 3-Mile 5-Mile 1-Mile 3-Mile 5-Mile
Total Businesses 475 2,103 4,667 4,754 19,242 44,167
Retail 68 242 507 562 2,660 6,120
Wholesale 33 78 152 540 826 1,556
Hospitality & Food Service 25 129 254 574 1,954 3,896
Real Estate, Renting, Leasing 17 84 198 161 697 1,709
Finance & Insurance 24 160 347 147 805 1,618
Information 7 39 90 60 332 820
Scientific & Technology Services 56 193 489 345 998 2,743
Management of Companies 1 3 6 3 9 17
Health Care & Social Assistance 71 528 1,196 370 3,665 9,503
Education Services 8 40 117 127 1,409 3,935
Public Administration & Sales 0 25 44 0 260 543
Arts, Entertainment, Recreation 12 35 84 247 385 1,247
Utilities 0 1 2 0 1 14
Admin Support & Waste Management 28 96 205 367 708 1,396
Construction 40 178 371 359 848 1,899
Manufacturing 36 66 142 624 2,599 3,887
Agriculture, Mining, Fishing 1 1 10 5 5 34
Other Services 48 205 453 263 1,081 3,230
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.
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
PINE COVE PLAZATRAFFIC STUDY
26,892 VPD
32,300 VPD
17,397 VPD