regency plaza - cmp realestate...
TRANSCRIPT
Corbin Yaldoo [email protected]
Chris Jonna [email protected]
VISIT US AT
WWW.CMPREALESTATEGROUP.COM
CMP REAL ESTATE GROUP 6476 Orchard Lake Road, Suite A
West Bloomfield, Michigan 48322 (P): (248) 538-2000 | (F): (248) 538-9905
REGENCY PLAZA SEQ TWELVE MILE & ORCHARD LAKE ROAD
FARMINGTON HILLS, MICHIGAN
AREA TENANTS
FOR 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.
PROPERTY HIGHLIGHTS
» Renovations to Regency Plaza is expected to be completed by the Fall of 2015.
» The Orchard Lake & Twelve Mile intersection produces some of the highest traffic counts in Southeastern Michigan.
» The site is located just off the I-696 freeway ramp and is within minutes from M-10 (Northwestern Highway).
» Oakland Community College (Orchard Ridge Campus) and Wayne State University (Oakland Center) are operating within the immediate trade area.
PROPERTY INFORMATION
Shopping Center Size 11,000 SF
Space Available 3,330 SF
Minimum Available 960 SF
Maximum Available 1,296 SF
Asking Rate $18.00 PSF
NNN Charge’s $5.60 PSF
Parking 90 Spaces
Traffic Counts Approximately 139,00 vehicles per day
DEMOGRAPHICS (FIVE MILE RADIUS)
Population 186,753 people
Households 79,245 homes
Average Household Income $99,741/annually
Employees 146,712 employees
REGENCY PLAZA PROPERTY SUMMARY
PROPERTY ADDRESS
30693-30711 West Twelve Mile Road Farmington Hills, Michigan 48334
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
REGENCY PLAZA SITE PLAN
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
REGENCY PLAZA PICTURES
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
REGENCY PLAZA RENDERINGS
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
REGENCY PLAZA AERIAL
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
REGENCY PLAZA AERIAL (2)
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
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.
REGENCY PLAZA DEMOGRAPHICS
Population: 2019 Projection 7,817 69,039 195,161
2014 Estimate 7,453 67,148 188,602
2010 Census 6,937 66,737 182,041
Growth 2014-2019 4.88% 2.82% 3.48%
Growth 2010-2014 7.44% 0.62% 3.60%
2014 Population Hispanic Origin 159 1,196 3,531
2014 Population by Race: White 4,877 45,442 125,448
Black 1,527 14,421 42,857
Am. Indian & Alaskan 17 113 419
Asian 843 5,759 16,054
Hawaiian & Pacific Island 1 19 45
Other 188 1,394 3,779
Households: 2019 Projection 3,479 28,690 82,558
2014 Estimate 3,326 27,900 79,800
2010 Census 3,126 27,736 77,116
Growth 2014 - 2019 4.60% 2.83% 3.46%
Growth 2010 - 2014 2.17% -1.51% 0.67%
Owner Occupied 1,900 19,005 51,262
Renter Occupied 1,426 8,896 28,538
2014 Avg Household Income $69,501 $94,998 $93,628
2014 Med Household Income $53,661 $71,668 $67,506
2014 Households by Household Inc: <$25,000 854 4,310 13,389
$25,000 - $50,000 717 5,638 17,388
$50,000 - $75,000 510 4,598 12,972
$75,000 - $100,000 528 4,029 10,331
$100,000 - $125,000 255 2,413 6,585
$125,000 - $150,000 144 2,137 5,475
$150,000 - $200,000 249 2,274 6,010
$200,000+ 71 2,500 7,650
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.
Commercial Leasing | Tenant Representation | Investment Sales | Land Sales | Acquisitions | Disposition | Market Analysis | Property Management
REGENCY PLAZA DEMOGRAPHICS – DAYTIME POPULATION
Daytime Employment # of Businesses # of Employees
1-Mile 3-Mile 5-Mile 1-Mile 3-Mile 5-Mile Total Businesses 766 5,820 13,655 5,979 52,957 144,000
Retail 81 535 1,270 525 4,575 14,817
Wholesale 20 154 459 83 1,272 5,829
Hospitality & Food Service 46 255 556 597 3,659 8,567
Real Estate, Renting, Leasing 32 267 634 275 2,323 5,169
Finance & Insurance 66 565 1,100 372 8,907 13,877
Information 21 97 254 150 1,257 4,272
Scientific & Technology Services 110 1,189 2,381 1,019 8,768 23,106
Management of Companies 1 6 16 3 264 391
Health Care & Social Assistance 214 1,512 3,713 1,315 9,445 25,328
Education Services 22 90 248 889 3,804 7,420
Public Administration & Sales 1 38 69 2 943 1,681
Arts, Entertainment, Recreation 8 73 156 32 1,143 2,208
Utilities 2 5 17 54 72 630
Admin Support & Waste Management 26 244 622 100 1,214 7,291
Construction 28 247 702 112 1,564 4,754
Manufacturing 16 104 400 72 893 11,504
Agriculture, Mining, Fishing 1 3 9 3 11 37
Other Services 71 436 1,049 376 2,843 7,119