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Jordan Jabbori [email protected] Jessica Cingel [email protected] VISIT US AT WWW.CMPREALESTATEGROUP.COM CMP REAL ESTATE GROUP 6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322 (P): (248) 538-2000 | (F): (248) 538-9905 PINE COVE PLAZA NWC RICHARDSON & UNION LAKE ROAD COMMERCE, MICHIGAN NOTABLE TENANTS FOR LEASE

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Page 1: PINE COVE PLAZA - CMP Realestate Groupcmprealestategroup.com/wp...Pine-Cove-Plaza-Marketing-Package-3.… · PINE COVE PLAZA DEMOGRAPHICS Population: 1 - Mile 3 - Mile 5 - Mile 2022

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

Page 2: PINE COVE PLAZA - CMP Realestate Groupcmprealestategroup.com/wp...Pine-Cove-Plaza-Marketing-Package-3.… · PINE COVE PLAZA DEMOGRAPHICS Population: 1 - Mile 3 - Mile 5 - Mile 2022

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

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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

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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

Page 5: PINE COVE PLAZA - CMP Realestate Groupcmprealestategroup.com/wp...Pine-Cove-Plaza-Marketing-Package-3.… · PINE COVE PLAZA DEMOGRAPHICS Population: 1 - Mile 3 - Mile 5 - Mile 2022

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

Page 6: PINE COVE PLAZA - CMP Realestate Groupcmprealestategroup.com/wp...Pine-Cove-Plaza-Marketing-Package-3.… · PINE COVE PLAZA DEMOGRAPHICS Population: 1 - Mile 3 - Mile 5 - Mile 2022

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

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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

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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