CONTACT

6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322

P: 248 538 2000 F: 248 538 9905

www.cmprealestategroup.com

LANCE NUMAN JORDAN JABBORI

lnuman@cmprealestategroup.com jjabbori@cmprealestategroup.com

DOLPHIN PLAZAGRAND RIVER AVENUE AND ORCHARD LAKE ROAD, FARMINGTON, MI

AVAILABLE

AREA TENANTS

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 6,000 SF

Space Available 3,000 SF

Minimum Available 1,500 SF

Maximum Available 3,000 SF

Asking Rate $14.00 PSF

NNN Charge’s $4.00 PSF

Asking Price $700,000

Property Taxes $9,770.90/Annually

Parking 37 spaces

ADDRESS

31691-31715 GRAND RIVER AVENUE

FARMINGTON, MICHIGAN 48335

DOLPHIN PLAZA

PROPERTY SUMMARY

DEMOGRAPHICS

Population 210,117 people

Households 88,783 homes

Average Household Income $84,207/annually

Employees 170,784 employees

PROPERTY HIGHLIGHTS

Join Dolphin Plaza located on heavily traveled Grand River Avenue.

Renovations to the entire shopping center were completed within the last year,

including a brand new roof.

Shopping center is within close proximity to Downtown Farmington and

Farmington High School.

Property offers tremendous visibility and accessibility off Grand River ideal

for any retail, office or service user.

Site is surrounded by a strong residential population with over 200,000

residents within the 5-mile radius.

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.

DOLPHIN PLAZA

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.

DOLPHIN PLAZA

PROPOSED 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.

DOLPHIN PLAZA

AERIAL MAP

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.

DOLPHIN PLAZA

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.

POPULATION 1 MILE 3 MILE 5 MILE

2021 Projection 12,594 113,252 296,410

2016 Estimate 12,254 109,866 288,407

2010 Census 12,075 106,619 279,834

Growth 2016-2021 2.77% 3.08% 2.77%

Growth 2010-2016 1.48% 3.05% 3.06%

2016 Population Hispanic Origin 223 1,925 5,239

2017 Population by Race:

White 4,968 67,608 166,413

Black 6,549 37,208 105,075

Am. Indian & Alaskan 11 240 649

Asian 332 2,479 10,179

Hawaiian & Pacific Island 9 47 94

Other 385 2,284 5,998

U.S. Armed Forces: 8 56 127

HOUSEHOLDS 1 Mile 3 Mile 5 Mile

2022 Projection 4,864 35,399 89,624

2017 Estimate 4,734 34,849 88,783

2010 Census 4,496 33,912 87,753

Growth 2017 - 2022 2.75% 1.58% 0.95%

Growth 2010 - 2017 5.29% 2.76% 1.17%

Owner Occupied 3,308 21,992 59,168

Renter Occupied 1,426 12,856 29,615

2017 Avg Household Income $76,758 $83,895 $84,207

2017 Med Household Income $61,853 $64,109 $63,875

2017 Households by Household Inc:

<$25,000 817 5,623 15,737

$25,000 - $50,000 1,077 7,786 19,159

$50,000 - $75,000 916 6,875 16,797

$75,000 - $100,000 741 4,714 11,610

$100,000 - $125,000 454 3,095 8,122

$125,000 - $150,000 355 2,689 5,881

$150,000 - $200,000 199 1,996 6,034

$200,000+ 174 2,069 5,442

DOLPHIN PLAZA

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.

DAYTIME

EMPLOYMENT NUMBER OF BUSINESSES NUMBER OF EMPLOYEES

1 MILE 3 MILE 5 MILE 1 MILE 3 MILE 5 MILE

Total Businesses 796 3,735 12,948 6,133 37,432 170,784

Retail 110 413 1,300 870 4,369 18,716

Wholesale 29 139 419 205 1,617 6,353

Hospitality & Food Service 42 189 641 566 2,669 12,583

Real Estate, Renting, Leasing 39 177 647 188 1,717 6,270

Finance & Insurance 73 253 1,315 342 1,105 15,500

Information 11 70 335 122 837 7,027

Scientific & Technology Services 81 372 1,868 595 3,231 28,223

Management of Companies 0 2 8 0 6 41

Health Care & Social Assistance 173 1,035 3,262 1,624 11,565 28,349

Education Services 18 71 226 355 2,077 7,556

Public Administration & Sales 5 47 113 27 998 2,306

Arts, Entertainment, Recreation 16 47 150 157 450 2,492

Utilities 0 2 11 0 55 841

Admin Support & Waste Management 37 167 493 125 961 7,424

Construction 50 259 666 322 1,468 4,809

Manufacturing 23 122 421 145 1,348 13,679

Agriculture, Mining, Fishing 0 3 7 0 12 29

Other Services 89 367 1,066 490 2,947 8,586

DOLPHIN PLAZA

DEMOGRAPHICS – DAYTIME POPULATION

6476 Orchard Lake Road, Suite A

West Bloomfield, Michigan 48322

P: 248 538 2000F: 248 538 9905

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Website: www.cmprealestategroup.com

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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.