for lease for 30000 telegraph road lease

LOUIS J. CIOTTI

Managing [email protected]

(248) 488-2620

SCOTT J. SONENBERG

Senior [email protected]

(248) 488-2620

30500 Northwestern Hwy, Suite 200Farmington Hills, MI 48334

Phone: (248) 488-2620

landmarkcres.com

CONTACT US

FOR LEASE 30000 TELEGRAPH ROAD30000 TELEGRAPH RD, SOUTHFIELD, MI 48034

FORLEASE

2

FOR LEASEPROPERTY DETAILSAddress: 30000 Telegraph Rd

Southfield, MI 48034

Property Type: Shopping Center

GLA: 12,406 SF

Available Space: 3,510 SF2,400 SF

Rent: $32.00/SF

NNN Expense: Est. at $6.75/SF

Traffic Count: Telegraph Rd = 83,300 cpd12 Mile Rd = 24,000 cpd

Contact: Scott J. [email protected]

Louis J. [email protected]

(248) 488-2620

DESCRIPTIONRare opportunity to have prime visibility on Telegraph Road inSouthfield, Michigan. This stretch of Telegraph Rd is heavilytrafficked with 80,300 cars per day and is the main corridor in thetrade area to get to I-696.

The property has an abundance of parking with excellentingress/egress off of Telegraph Road. The shopping center is in theshadow of Bingham Office Park (500,000 SF) and is surrounded byover 1M SF of office within a ¼ mile radius.

One half mile south of the shopping center is the Tel-Twelve Mall,one of Michigan’s most successful power centers. Tenants includeMeijer, Lowe’s, Best Buy, DSW, PetSmart, and Michaels.

30000 Telegraph Rd • Southfield, MI

30000 TELEGRAPH RDSOUTHFIELD, MI

SITE PLAN



MAJOR DAYTIME POPULATION

5

MARKET AERIAL


OAKLAND COUNTY TOP EMPLOYERS

COMPANY # OF EMPLOYEES

Beaumont Hospitals 17,896

FCA US 12,564

General Motors 9,242

Ascension 4,408

US Postal Service 4,195

Oakland County 3,432

Henry Ford Health System 3,405

Trinity Health 3,098

Magna International of America 2,199

Comerica Bank 2,163


DEMOGRAPHICS

7LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do notdoubt 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 andcompleteness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The valueof 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.

DESCRIPTION 1 MILE 3 MILE 5 MILE

POPU

LATI

ON

2020 Estimated Population 6,111 60,574 200,8942025 Projected Population 6,170 61,239 201,9352010 Census Population 6,044 59,048 197,0242000 Census Population 6,372 62,198 207,168Projected Annual Growth 2020 to 2025 0.2% 0.2% 0.1%

Historical Annual Growth 2000 to 2020 -0.2% -0.1% -0.2%

HO

USE

HO

LDS

2020 Estimated Households 2,982 27,409 88,2472025 Projected Households 3,046 28,084 89,6522010 Census Households 2,853 25,533 83,0362000 Census Households 2,984 26,276 85,716Projected Annual Growth 2020 to 2025 0.4% 0.5% 0.3%

Historical Annual Growth 2000 to 2020 - 0.2% 0.1%

RAC

E

2020 Est. White 41.0% 46.3% 57.6%

2020 Est. Black 51.2% 45.0% 33.5%

2020 Est. Asian or Pacific Islander 5.0% 5.2% 5.8%

2020 Est. American Indian or Alaska Native 0.3% 0.2% 0.2%

2020 Est. Other Races 2.5% 3.2% 3.0%

INCO

ME 2020 Est. Average Household Income $124,365 $122,183 $124,052

2020 Est. Median Household Income $83,745 $84,653 $89,5482020 Est. Per Capita Income $60,686 $55,394 $54,601

BUSI

NES

S 2020 Est. Total Businesses 1,070 5,412 15,6232020 Est. Total Employees 11,464 66,861 156,278 30000 TELEGRAPH RD, SOUTHFIELD, MI 48034

for lease for 30000 telegraph road lease

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