for sale/lease 18 west pike street€¦ · tenant pepresentation commercial leasing disposition...
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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
ANTHONY SESI HARRY BARASH
[email protected] [email protected]
18 WEST PIKE STREET
NEC PIKE AND WAYNE STREETS, PONTIAC, MI 48342
FOR SALE/LEASE
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
Building Size 10,700 SF
Space Available 10,700 SF
First Floor 6,000 SF
Second Floor 4,700 SF
Asking Rate $12.00 PSF + NNN
NNN Charge’s Contact Broker
Asking Price $1,200,000.00
ADDRESS
18 WEST PIKE STREET
PONTIAC, MICHIGAN 48342
18 WEST PIKE STREET
PROPERTY SUMMARY
DEMOGRAPHICS
Population 157,451 people
Households 62,915 homes
Average Household Income $79,152/annually
Employees 124,807 employees
PROPERTY HIGHLIGHTS
10,700 SF freestanding former restaurant/nightclub available for sale or lease in
the heart of Downtown Pontiac’s entertainment district.
The sale of this building includes all furniture, fixtures, equipment and a Class “C”
liquor license.
The building offers kitchens on both the 6,000 SF first floor and 4,700 SF second
floor with a basement that is suitable for office/storage.
Site has 25 dedicated parking spaces and sits immediately across a city public
parking lot with over 500 spaces.
Pylon signage available.
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.
18 WEST PIKE STREET
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.
18 WEST PIKE STREET
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.
POPULATION 1 MILE 3 MILE 5 MILE
2023 Projection 10,804 74,379 160,159
2018 Estimate 10,608 73,428 157,451
2010 Census 9,934 70,962 148,565
Growth 2018-2023 1.85% 1.30% 1.72%
Growth 2010-2018 6.78% 3.48% 5.98%
2018 Population Hispanic Origin 1,652 11,006 17,087
2018 Population by Race:
White 3,440 35,352 100,141
Black 6,248 32,096 42,441
Am. Indian & Alaskan 79 494 797
Asian 470 2,715 9,103
Hawaiian & Pacific Island 1 31 64
Other 370 2,740 4,906
U.S. Armed Forces: 0 21 44
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2023 Projection 3,662 28,615 64,013
2018 Estimate 3,594 28,251 62,915
2010 Census 3,365 27,325 59,325
Growth 2018 - 2023 1.89% 1.29% 1.75%
Growth 2010 - 2018 6.81% 3.39% 6.05%
Owner Occupied 1,555 15,828 39,760
Renter Occupied 2,039 12,423 23,155
2018 Avg Household Income $34,526 $55,051 $79,152
2018 Med Household Income $22,883 $35,798 $51,652
2018 Households by Household Inc:
<$25,000 1,926 10,166 15,836
$25,000 - $50,000 956 7,382 14,877
$50,000 - $75,000 401 4,527 10,414
$75,000 - $100,000 160 2,319 6,318
$100,000 - $125,000 31 1,366 4,451
$125,000 - $150,000 56 745 2,733
$150,000 - $200,000 29 890 3,176
$200,000+ 34 855 5,110
18 WEST PIKE STREET
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.
18 WEST PIKE STREET
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 724 3,891 7,654 10,079 49,738 124,807
Retail 73 477 1,016 397 5,085 28,931
Wholesale 18 112 243 106 1,283 4,331
Hospitality & Food Service 25 209 456 208 3,474 8,221
Real Estate, Renting, Leasing 19 154 328 72 1,414 2,296
Finance & Insurance 50 256 609 271 1,686 5,283
Information 14 81 152 482 970 1,988
Scientific & Technology Services 62 391 1,035 456 3,232 9,175
Management of Companies 0 3 6 0 26 35
Health Care & Social Assistance 208 1,164 1,722 3,663 10,872 14,551
Education Services 17 65 142 632 2,301 6,311
Public Administration & Sales 40 139 198 1,873 9,392 10,716
Arts, Entertainment, Recreation 13 48 136 68 492 5,073
Utilities 0 2 5 0 54 274
Admin Support & Waste Management 26 109 253 125 698 3,097
Construction 38 176 373 275 2,174 4,643
Manufacturing 21 99 276 504 3,688 13,363
Agriculture, Mining, Fishing 1 2 10 5 9 26
Other Services 99 404 694 942 2,888 6,493
6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322
P: 248 538 2000F: 248 538 9905
SERVICES
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Email: [email protected]
Website: www.cmprealestategroup.com
CONTACT
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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.