for sale/lease for...30500 northwestern hwy, suite 200 farmington hills, mi 48334 phone: (248)...

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30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director [email protected] (248) 488-2620 FOR SALE/LEASE PANDA EXPRESS EXCESS PROPERTY 3725 APLINE AVE NW, COMSTOCK PARK (GRAND RAPIDS), MI 49321 FOR SALE\LEASE

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Page 1: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

30500 Northwestern Hwy, Suite 200Farmington Hills, MI 48334

Phone: (248) 488-2620

landmarkcres.com

CONTACT US

RICHARD A. SHLOM

Managing Director [email protected]

(248) 488-2620

FOR SALE/LEASEPANDA EXPRESS EXCESS PROPERTY3725 APLINE AVE NW, COMSTOCK PARK (GRAND RAPIDS), MI 49321

FORSALE\LEASE

Page 2: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

2

FOR SALE/LEASEPROPERTY DETAILS

Location: 3725 Alpine Ave NWComstock Park (Grand Rapids), MI 49321

Property Type: Restaurant / Commercial

Date Available: Immediately

Rent: $75,000/Year Ground Lease or Build-to-Suit

NNN: TBD

Building Size: TBD - Per Site Plan Approval

Lot Size: 1.75 AC/129’ Frontage

Available Space: TBD

Zoning: Commercial

Traffic Count: Alpine Ave NW (30,455 CPD)4 Mile Rd NW (11,541 CPD)

Contact: Richard A. [email protected]

(248) 488-2620

Panda Express Excess Property • Comstock Park (Grand Rapids), MI

DESCRIPTIONVacant land next to a soon-to-be built Panda Express. The

site is on Alpine Ave, just north of 4 Mile Rd. The site has

access to 4 Mile Rd.

Trade area includes: Walmart, Joann Fabric, Pier One, Best

Buy, TJ Maxx, Target, Michaels, Five Below, Marshalls, ULTA,

HomeGoods and many others.

ANCHOR

Page 3: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

MICRO

3Panda Express Excess Property • Comstock Park (Grand Rapids), MI

Page 4: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

MACRO

4Panda Express Excess Property • Comstock Park (Grand Rapids), MI

Page 5: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

SITE PLAN

5Panda Express Excess Property • Comstock Park (Grand Rapids), MI

Page 6: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

6Panda Express Excess Property • Comstock Park (Grand Rapids), MI

SITE PLAN

Page 7: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

PYLON SIGN

7Panda Express Excess Property • Comstock Park (Grand Rapids), MI

Page 8: FOR SALE/LEASE FOR...30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com CONTACT US RICHARD A. SHLOM Managing Director rshlom@landmarkcres.com

DEMOGRAPHICS

DESCRIPTION 1 MILE 2 MILE 3 MILE 4 MILE

POPU

LATI

ON

2020 Estimated Population 9,314 19,839 45,134 91,042

2025 Projected Population 9,596 20,363 46,430 94,496

2010 Census Population 8,425 18,478 42,872 85,562

2000 Census Population 8,594 18,964 44,018 86,465

Projected Annual Growth 2020 to 2025 0.6% 0.5% 0.6% 0.8%

Historical Annual Growth 2000 to 2020 0.4% 0.2% 0.1% 0.3%

HO

USE

HO

LDS

2020 Estimated Households 4,133 8,191 18,517 36,795

2025 Projected Households 4,258 8,406 19,023 38,106

2010 Census Households 3,703 7,536 17,403 34,224

2000 Census Households 3,881 7,732 17,617 34,149

Projected Annual Growth 2020 to 2025 0.6% 0.5% 0.5% 0.7%

Historical Annual Growth 2000 to 2020 0.3% 0.3% 0.3% 0.4%

RAC

E

2020 Est. White 67.3% 79.5% 82.6% 78.9%

2020 Est. Black 13.0% 7.7% 6.3% 8.7%

2020 Est. Asian or Pacific Islander 3.8% 2.8% 2.4% 2.4%

2020 Est. American Indian or Alaska Native 0.9% 0.6% 0.6% 0.7%

2020 Est. Other Races 15.1% 9.4% 8.1% 9.4%

INC

OM

E 2020 Est. Average Household Income $59,334 $68,398 $71,837 $69,799

2020 Est. Median Household Income $44,565 $54,956 $57,488 $57,563

2020 Est. Per Capita Income $26,521 $28,495 $29,649 $28,352

BUSI

NES

S 2020 Est. Total Businesses 298 999 1,912 3,485

2020 Est. Total Employees 4,281 14,183 27,663 46,854 3725 APLINE AVE NW, COMSTOCK PARK (GRAND RAPIDS), MI 49321

8LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt itsaccuracy, 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. Anyprojections, 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 youdepends 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 theproperty to determine to your satisfaction, the suitability of the property for your needs.