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CONTACT
6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322
P: 248 538 2000 F: 248 538 9905
www.cmprealestategroup.com
LANCE NUMAN JON KOUZA
[email protected] jkouza @cmprealestategroup.com
NINE/VAN DYKE CENTER
NEQ OF NINE MILE ROAD AND VAN DYKE AVENUE, WARREN, MI 48089
FOR LEASE
AREA TENANTS
JOIN
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 INFORMATION
Shopping Center Size 11,535 SF
Minimum Available 4,225 SF
Maximum Available 4,225 SF
Asking Rate $10.00 PSF
NNN Charge’s Contact Broker
Asking Price $595,000
Property Taxes $25,637
Parking 95 Spaces
ADDRESS
8101 – 8113 E 9 MILE ROAD
WARREN, MICHIGAN 48089
NINE/VAN DYKE CENTER
PROPERTY SUMMARY
DEMOGRAPHICS
Population 368,540 people
Households 138,427 homes
Average Household Income $48,133/annually
Employees 141,818 employees
PROPERTY HIGHLIGHTS
Join this center located on the NEQ of 9 Mile Road and Van Dyke Avenue.
Site offers great visibility on 9 Mile Road and easy access to major freeways.
Property offers strong demographics within a five mile radius.
Wonderful location for any restaurants and neighborhood service retailers.
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.
NINE/VAN DYKE CENTER
PICTURES
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.
NINE/VAN DYKE CENTER
SITE PLAN
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.
NINE/VAN DYKE CENTER
RENT ROLL
Unit # Tenant Name Start Date End Date Unit Size (SF) RENT PSF Monthly Annual GLA
8101 * Amazing Learning Academy 6/18/2013 2/29/2024 6,000 $6.80 $3,400.00 $40,800.00 51.39%
8105 Vacant 4,225 - - 36.19%
8113 * Passport One, Inc 11/30/2009 2/28/2021 1,310 $12.36 $1,350.00 $16,200.00 12.42%
Total Shopping Center 11,675.00 $4,750.00 $57,000.00 63.81%
Comments*Amazing Learning Academy is a Gross Lease*Passport One, Inc is a Gross 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.
NINE/VAN DYKE CENTER
PROPERTY EXPENSES
Expense Item Total Cost Cost PSF
Property Taxes $25,637 .81 $2.22
Property Insurance $2,280.00 $0.20
CAM Charge’s
Landscape and Snow Removal $6,433.00 $0.55
Utilities $4,076.00 $0.35
Other $349.00 $0.03
Total Property Expenses $38,775.81 $3.35
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.
NINE/VAN DYKE CENTER
FINANCIAL DATA
Financial Data: Actual
Base Rent $57,000.00
Effective Gross Income $57,000.00
Property Expenses
Property Taxes -$25,637.81
Property Insurance -$2,280.00
Common Area Maintenance -$10,858.00
Total Property Expenses -$38,775.81
Net Operating Income $18,224.19
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.
NINE/VAN DYKE CENTER
AERIAL MAP (1)
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.
NINE/VAN DYKE CENTER
AERIAL MAP (2)
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.
POPULATION 1 MILE 3 MILE 5 MILE
2022 Projection 19,249 128,409 370,212
2017 Estimate 18,622 127,182 368,540
2010 Census 17,519 128,345 377,201
Growth 2017-2022 3.37% 0.96% 0.45%
Growth 2010-2017 6.30% -0.91% -2.30%
2017 Population Hispanic Origin 584 2,630 7,043
2017 Population by Race:
White 12,037 61,070 182,955
Black 5,022 57,045 154,880
Am. Indian & Alaskan 115 532 1,535
Asian 698 5,126 19,275
Hawaiian & Pacific Island 6 28 101
Other 743 3,381 9,794
U.S. Armed Forces: 0 12 157
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2022 Projection 7,180 47,939 139,307
2017 Estimate 6,943 47,402 138,427
2010 Census 6,532 47,721 141,409
Growth 2017 - 2022 3.41% 1.13% 0.64%
Growth 2010 - 2017 6.29% -0.67% -2.11%
Owner Occupied 3,657 31,406 93,135
Renter Occupied 3,285 15,997 45,292
2017 Avg Household Income $39,824 $45,638 $48,133
2017 Med Household Income $31,074 $34,949 $36,836
2017 Households by Household Inc:
<$25,000 2,904 17,203 48,111
$25,000 - $50,000 2,058 14,122 40,060
$50,000 - $75,000 1,113 7,779 23,338
$75,000 - $100,000 547 4,480 13,351
$100,000 - $125,000 175 1,978 6,918
$125,000 - $150,000 65 964 3,347
$150,000 - $200,000 70 635 2,346
$200,000+ 10 243 956
NINE/VAN DYKE CENTER
DEMOGRAPHICS
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.
NINE/VAN DYKE CENTER
DEMOGRAPHICS – DAYTIME POPULATION
DAYTIME
EMPLOYMENT NUMBER OF BUSINESSES NUMBER OF EMPLOYEES
1 MILE 3 MILE 5 MILE 1 MILE 3 MILE 5 MILE
Total Businesses 439 3,868 11,929 4,832 43,713 141,818
Retail 85 597 1,871 571 5,604 18,270
Wholesale 29 235 524 644 4,753 8,549
Hospitality & Food Service 29 227 770 337 3,837 11,737
Real Estate, Renting, Leasing 15 129 369 49 679 2,100
Finance & Insurance 34 190 673 157 948 20,589
Information 8 73 233 22 1,057 2,096
Scientific & Technology Services 23 237 779 68 1,663 7,954
Management of Companies 0 5 12 0 31 89
Health Care & Social Assistance 22 571 2,408 136 4,043 17,917
Education Services 15 94 275 656 3,840 10,564
Public Administration & Sales 8 53 196 62 1,059 7,195
Arts, Entertainment, Recreation 4 36 125 19 218 1,148
Utilities 0 1 11 0 6 139
Admin Support & Waste Management 20 190 502 143 1,670 3,927
Construction 38 294 747 229 2,089 5,090
Manufacturing 45 373 776 1,409 9,575 17,689
Agriculture, Mining, Fishing 0 5 14 0 48 82
Other Services 64 558 1,644 330 2,593 6,683
6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322
P: 248 538 2000F: 248 538 9905
SERVICES
FOLLOW US
Email: [email protected]
Website: www.cmprealestategroup.com
CONTACT
MARKET ANALYSIS LAND SALES ACQUISIONS PROPERTY MANAGEMENT
TENANT PEPRESENTATION COMMERCIAL LEASING DISPOSITION INVESTMENT SALES
CMP Real Estate Group @CMPRealEstate
Specializing in retail real estate services, our team is committed to working with each client in to
achieve their objectives from assisting with project leasing, site selection, acquisitions/dispositions of
income producing properties or property management.