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LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs. BRIGHTON TOWNE SQUARE Type: Lease GRAND RIVER & CHALLIS BRIGHTON, MI LIVINGSTON COUNTY PROPERTY TYPE: Shopping Center DATE AVAILABLE: Immediately RENT: $29.00/SF NNN NNN EXPENSE: $6.00/SF AVAILABLE SPACE: 3,200 SF (86’ x 42’) ANCHORS: Target, Home Depot, Staples, Party City, MJR Cinemas, MC Sports TENANT ROSTER: Leo’s Coney Island, Great Clips, Sprint, GameStop TRAFFIC COUNT: Grand River south of I-96 = 37,300 (12) CONTACT: Rick Shlom (248) 488-2620 DESCRIPTION: Former Verizon Wireless. 3,200 SF available. Could be split into two (2) 1,600 SF spaces. Outlot to Target in Brighton’s best anchored power center. This 580,000 SF power center is anchored by MJR Cinema 20, Target, Home Depot, Staples, Party City, MC Sports. Space is adjacent to Key Bank and accessible on Grand River entrance or Challis Road entrance. Radius: 1 Mile 2 Mile 3 Mile Pop. Density: 2,503 14,089 27,632 Avg. HH Income: $59,136 $84,502 $91,279 LANDMARK COMMERCIAL REAL ESTATE SERVICES, INC. Ÿ 27995 HALSTED RD Ÿ SUITE 150Ÿ FARMINGTON HILLS, MI 48331 Ÿ (248) 488-2620 Ÿ WWW.LANDMARKCRES.COM

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Page 1: BRIGHTON TOWNE SQUARE - Landmark Commercial Real …landmarkcres.com/wp-content/uploads/2016/02/Brighton-Towne-Square... · LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.

BRIGHTON TOWNE SQUARE Type: Lease

GRAND RIVER & CHALLIS BRIGHTON, MI LIVINGSTON COUNTY

PROPERTY TYPE: Shopping Center

DATE AVAILABLE: Immediately

RENT: $29.00/SF NNN

NNN EXPENSE: $6.00/SF

AVAILABLE SPACE: 3,200 SF (86’ x 42’)

ANCHORS: Target, Home Depot, Staples, Party City, MJR Cinemas, MC Sports

TENANT ROSTER: Leo’s Coney Island, Great Clips, Sprint, GameStop

TRAFFIC COUNT: Grand River south of I-96 = 37,300 (12)

CONTACT: Rick Shlom (248) 488-2620

DESCRIPTION: Former Verizon Wireless. 3,200 SF available. Could be split into two (2) 1,600 SF spaces. Outlot to Target in Brighton’s best anchored power center. This 580,000 SF power center is anchored by MJR Cinema 20, Target, Home Depot, Staples, Party City, MC Sports. Space is adjacent to Key Bank and accessible on Grand River entrance or Challis Road entrance.

Radius: 1 Mile 2 Mile 3 Mile

Pop. Density: 2,503 14,089 27,632

Avg. HH Income: $59,136 $84,502 $91,279

LANDMARK COMMERCIAL REAL ESTATE SERVICES, INC. 27995 HALSTED RD SUITE 150 FARMINGTON HILLS, MI 48331 (248) 488-2620 WWW.LANDMARKCRES.COM

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BRIGHTON, MI

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©2016, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography

2015 Estimated Population 2,503 14,089 27,632 39,8912020 Projected Population 2,548 14,354 28,107 40,5792010 Census Population 2,406 14,094 27,752 40,0082000 Census Population 2,180 13,111 26,254 37,607Projected Annual Growth 2015 to 2020 0.4% 0.4% 0.3% 0.3%Historical Annual Growth 2000 to 2015 1.0% 0.5% 0.3% 0.4%

2015 Estimated Households 1,296 6,313 11,578 16,3712020 Projected Households 1,369 6,680 12,238 17,3072010 Census Households 1,206 6,076 11,180 15,7822000 Census Households 1,037 5,372 9,971 13,952Projected Annual Growth 2015 to 2020 1.1% 1.2% 1.1% 1.1%Historical Annual Growth 2000 to 2015 1.7% 1.2% 1.1% 1.2%

2015 Est. Population Under 10 Years 7.4% 9.3% 9.4% 9.3%2015 Est. Population 10 to 19 Years 9.1% 11.5% 13.0% 13.5%2015 Est. Population 20 to 29 Years 15.1% 11.4% 10.6% 10.2%2015 Est. Population 30 to 44 Years 16.0% 16.2% 15.6% 15.2%2015 Est. Population 45 to 59 Years 19.3% 22.8% 24.5% 25.3%2015 Est. Population 60 to 74 Years 15.1% 17.7% 17.9% 18.5%2015 Est. Population 75 Years or Over 18.1% 11.0% 8.9% 8.0%2015 Est. Median Age 47.3 45.8 45.2 45.4

2015 Est. Male Population 46.5% 48.5% 49.0% 49.4%2015 Est. Female Population 53.5% 51.5% 51.0% 50.6%

2015 Est. Never Married 26.5% 23.1% 22.7% 22.6%2015 Est. Now Married 34.9% 52.7% 57.7% 59.6%2015 Est. Separated or Divorced 22.9% 15.6% 12.9% 12.1%2015 Est. Widowed 15.7% 8.6% 6.6% 5.8%

2015 Est. HH Income $200,000 or More 2.9% 7.5% 8.3% 8.2%2015 Est. HH Income $150,000 to $199,999 4.5% 6.8% 8.4% 9.5%2015 Est. HH Income $100,000 to $149,999 13.3% 15.1% 17.5% 18.3%2015 Est. HH Income $75,000 to $99,999 9.6% 15.5% 15.8% 15.9%2015 Est. HH Income $50,000 to $74,999 12.4% 17.5% 16.4% 16.5%2015 Est. HH Income $35,000 to $49,999 13.9% 14.9% 13.5% 12.5%2015 Est. HH Income $25,000 to $34,999 9.7% 7.0% 6.6% 6.7%2015 Est. HH Income $15,000 to $24,999 15.8% 8.1% 7.5% 6.9%2015 Est. HH Income Under $15,000 17.9% 7.6% 6.1% 5.4%2015 Est. Average Household Income $59,136 $84,502 $91,279 $93,6582015 Est. Median Household Income $45,451 $70,788 $77,978 $80,0452015 Est. Per Capita Income $30,849 $37,958 $38,303 $38,479

2015 Est. Total Businesses 467 1,370 1,877 2,3002015 Est. Total Employees 5,135 12,987 17,635 21,483

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Brighton, MI 48116

FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.5440/-83.7883

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©2016, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography

2015 Est. White 94.7% 95.4% 95.9% 96.0%2015 Est. Black 1.2% 1.0% 0.9% 0.9%2015 Est. Asian or Pacific Islander 1.1% 1.2% 1.1% 1.1%2015 Est. American Indian or Alaska Native 0.5% 0.4% 0.3% 0.3%2015 Est. Other Races 2.5% 2.0% 1.8% 1.8%

2015 Est. Hispanic Population 78 339 652 9072015 Est. Hispanic Population 3.1% 2.4% 2.4% 2.3%2020 Proj. Hispanic Population 3.5% 2.7% 2.6% 2.5%2010 Hispanic Population 2.7% 2.1% 2.0% 1.9%

2015 Est. Adult Population (25 Years or Over) 1,879 10,311 19,830 28,5412015 Est. Elementary (Grade Level 0 to 8) 1.9% 0.9% 0.7% 0.7%2015 Est. Some High School (Grade Level 9 to 11) 6.2% 4.0% 3.6% 3.3%2015 Est. High School Graduate 28.4% 23.8% 23.0% 22.8%2015 Est. Some College 24.5% 22.7% 22.0% 22.3%2015 Est. Associate Degree Only 7.4% 7.8% 9.2% 9.2%2015 Est. Bachelor Degree Only 23.3% 26.0% 25.7% 25.7%2015 Est. Graduate Degree 8.3% 14.8% 15.7% 15.9%

2015 Est. Total Housing Units 1,343 6,571 12,045 17,1372015 Est. Owner-Occupied 42.1% 68.3% 76.6% 78.7%2015 Est. Renter-Occupied 54.4% 27.8% 19.5% 16.9%2015 Est. Vacant Housing 3.5% 3.9% 3.9% 4.5%

2010 Homes Built 2005 or later 9.0% 5.7% 4.9% 4.4%2010 Homes Built 2000 to 2004 9.4% 10.3% 10.5% 11.3%2010 Homes Built 1990 to 1999 9.5% 17.7% 19.9% 20.1%2010 Homes Built 1980 to 1989 12.2% 14.8% 13.9% 13.7%2010 Homes Built 1970 to 1979 26.0% 18.3% 19.0% 18.8%2010 Homes Built 1960 to 1969 9.9% 9.9% 9.1% 9.1%2010 Homes Built 1950 to 1959 7.7% 10.4% 10.4% 10.1%2010 Homes Built Before 1949 16.4% 12.9% 12.2% 12.6%

2010 Home Value $1,000,000 or More 0.6% 1.0% 0.8% 0.8%2010 Home Value $500,000 to $999,999 3.7% 4.5% 3.9% 3.6%2010 Home Value $400,000 to $499,999 2.5% 3.5% 3.3% 3.3%2010 Home Value $300,000 to $399,999 4.4% 6.9% 8.5% 9.6%2010 Home Value $200,000 to $299,999 16.7% 19.5% 21.6% 22.9%2010 Home Value $150,000 to $199,999 23.1% 20.4% 18.3% 17.6%2010 Home Value $100,000 to $149,999 20.5% 17.2% 16.1% 16.0%2010 Home Value $50,000 to $99,999 20.6% 14.9% 14.8% 14.8%2010 Home Value $25,000 to $49,999 3.5% 4.8% 5.2% 5.0%2010 Home Value Under $25,000 4.4% 7.4% 7.6% 6.4%2010 Median Home Value $157,130 $165,613 $169,129 $174,5392010 Median Rent $674 $721 $726 $743

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W Grand River Ave & Challis Rd1 mi radius 2 mi radius 3 mi radius 4 mi radius

Brighton, MI 48116

FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

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©2016, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography

2015 Est. Labor Population Age 16 Years or Over 2,192 11,786 22,822 32,9032015 Est. Civilian Employed 55.6% 60.6% 61.6% 61.4%2015 Est. Civilian Unemployed 2.4% 3.0% 3.6% 3.6%2015 Est. in Armed Forces 0.2% 0.1% - - 2015 Est. not in Labor Force 41.8% 36.4% 34.8% 34.9%2015 Labor Force Males 45.3% 47.8% 48.5% 49.0%2015 Labor Force Females 54.7% 52.2% 51.5% 51.0%

2010 Occupation: Population Age 16 Years or Over 1,082 6,564 12,757 18,3892010 Mgmt, Business, & Financial Operations 12.3% 17.0% 17.4% 18.0%2010 Professional, Related 18.9% 25.2% 25.8% 24.9%2010 Service 19.8% 16.6% 16.0% 15.4%2010 Sales, Office 28.5% 25.5% 25.0% 25.2%2010 Farming, Fishing, Forestry 0.2% 0.1% 0.1% 0.2%2010 Construction, Extraction, Maintenance 7.9% 5.7% 5.7% 6.1%2010 Production, Transport, Material Moving 12.4% 10.0% 9.8% 10.2%2010 White Collar Workers 59.7% 67.7% 68.3% 68.1%2010 Blue Collar Workers 40.3% 32.3% 31.7% 31.9%

2010 Drive to Work Alone 83.2% 85.1% 86.2% 86.7%2010 Drive to Work in Carpool 8.4% 9.5% 8.6% 7.9%2010 Travel to Work by Public Transportation 1.2% 0.3% 0.3% 0.3%2010 Drive to Work on Motorcycle - - - - 2010 Walk or Bicycle to Work 4.2% 1.4% 1.2% 1.1%2010 Other Means 0.1% 0.6% 0.5% 0.5%2010 Work at Home 2.8% 3.0% 3.2% 3.5%

2010 Travel to Work in 14 Minutes or Less 25.1% 26.2% 24.3% 22.9%2010 Travel to Work in 15 to 29 Minutes 27.7% 25.1% 26.0% 26.8%2010 Travel to Work in 30 to 59 Minutes 38.7% 38.9% 40.3% 39.9%2010 Travel to Work in 60 Minutes or More 8.6% 9.8% 9.4% 10.5%2010 Average Travel Time to Work 27.3 27.3 27.7 28.1

2015 Est. Total Household Expenditure $62.9 M $392 M $761 M $1.10 B2015 Est. Apparel $2.17 M $13.7 M $26.6 M $38.5 M2015 Est. Contributions, Gifts $4.17 M $28.1 M $55.8 M $81.2 M2015 Est. Education, Reading $2.43 M $15.8 M $31.5 M $45.7 M2015 Est. Entertainment $3.47 M $22.1 M $43.1 M $62.4 M2015 Est. Food, Beverages, Tobacco $9.69 M $58.9 M $114 M $164 M2015 Est. Furnishings, Equipment $2.11 M $13.8 M $27.0 M $39.1 M2015 Est. Health Care, Insurance $5.65 M $33.9 M $65.2 M $93.9 M2015 Est. Household Operations, Shelter, Utilities $19.7 M $121 M $235 M $340 M2015 Est. Miscellaneous Expenses $947 K $5.71 M $11.0 M $15.9 M2015 Est. Personal Care $818 K $5.07 M $9.82 M $14.2 M2015 Est. Transportation $11.7 M $73.5 M $142 M $206 M

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Brighton, MI 48116

FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.5440/-83.7883