CONTACT

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

P: 248 538 2000 F: 248 538 9905

www.cmprealestategroup.com

LANCE NUMAN JON KOUZA

lnuman@cmprealestategroup.com jkouza @cmprealestategroup.com

NINE/VAN DYKE CENTER

NEQ OF NINE MILE ROAD AND VAN DYKE AVENUE, WARREN, MI 48089

FOR LEASE

AREA TENANTS

JOIN

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 11,535 SF

Minimum Available 4,225 SF

Maximum Available 4,225 SF

Asking Rate $10.00 PSF

NNN Charge’s Contact Broker

Asking Price $595,000

Property Taxes $25,637

Parking 95 Spaces

ADDRESS

8101 – 8113 E 9 MILE ROAD

WARREN, MICHIGAN 48089

NINE/VAN DYKE CENTER

PROPERTY SUMMARY

DEMOGRAPHICS

Population 368,540 people

Households 138,427 homes

Average Household Income $48,133/annually

Employees 141,818 employees

PROPERTY HIGHLIGHTS

Join this center located on the NEQ of 9 Mile Road and Van Dyke Avenue.

Site offers great visibility on 9 Mile Road and easy access to major freeways.

Property offers strong demographics within a five mile radius.

Wonderful location for any restaurants and neighborhood service retailers.

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.

NINE/VAN DYKE CENTER

PICTURES

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NINE/VAN DYKE CENTER

SITE PLAN

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NINE/VAN DYKE CENTER

RENT ROLL

Unit # Tenant Name Start Date End Date Unit Size (SF) RENT PSF Monthly Annual GLA

8101 * Amazing Learning Academy 6/18/2013 2/29/2024 6,000 $6.80 $3,400.00 $40,800.00 51.39%

8105 Vacant 4,225 - - 36.19%

8113 * Passport One, Inc 11/30/2009 2/28/2021 1,310 $12.36 $1,350.00 $16,200.00 12.42%

Total Shopping Center 11,675.00 $4,750.00 $57,000.00 63.81%

Comments*Amazing Learning Academy is a Gross Lease*Passport One, Inc is a Gross 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.

NINE/VAN DYKE CENTER

PROPERTY EXPENSES

Expense Item Total Cost Cost PSF

Property Taxes $25,637 .81 $2.22

Property Insurance $2,280.00 $0.20

CAM Charge’s

Landscape and Snow Removal $6,433.00 $0.55

Utilities $4,076.00 $0.35

Other $349.00 $0.03

Total Property Expenses $38,775.81 $3.35

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.

NINE/VAN DYKE CENTER

FINANCIAL DATA

Financial Data: Actual

Base Rent $57,000.00

Effective Gross Income $57,000.00

Property Expenses

Property Taxes -$25,637.81

Property Insurance -$2,280.00

Common Area Maintenance -$10,858.00

Total Property Expenses -$38,775.81

Net Operating Income $18,224.19

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.

NINE/VAN DYKE CENTER

AERIAL MAP (1)

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NINE/VAN DYKE CENTER

AERIAL MAP (2)

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

2022 Projection 19,249 128,409 370,212

2017 Estimate 18,622 127,182 368,540

2010 Census 17,519 128,345 377,201

Growth 2017-2022 3.37% 0.96% 0.45%

Growth 2010-2017 6.30% -0.91% -2.30%

2017 Population Hispanic Origin 584 2,630 7,043

2017 Population by Race:

White 12,037 61,070 182,955

Black 5,022 57,045 154,880

Am. Indian & Alaskan 115 532 1,535

Asian 698 5,126 19,275

Hawaiian & Pacific Island 6 28 101

Other 743 3,381 9,794

U.S. Armed Forces: 0 12 157

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2022 Projection 7,180 47,939 139,307

2017 Estimate 6,943 47,402 138,427

2010 Census 6,532 47,721 141,409

Growth 2017 - 2022 3.41% 1.13% 0.64%

Growth 2010 - 2017 6.29% -0.67% -2.11%

Owner Occupied 3,657 31,406 93,135

Renter Occupied 3,285 15,997 45,292

2017 Avg Household Income $39,824 $45,638 $48,133

2017 Med Household Income $31,074 $34,949 $36,836

2017 Households by Household Inc:

<$25,000 2,904 17,203 48,111

$25,000 - $50,000 2,058 14,122 40,060

$50,000 - $75,000 1,113 7,779 23,338

$75,000 - $100,000 547 4,480 13,351

$100,000 - $125,000 175 1,978 6,918

$125,000 - $150,000 65 964 3,347

$150,000 - $200,000 70 635 2,346

$200,000+ 10 243 956

NINE/VAN DYKE CENTER

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.

NINE/VAN DYKE CENTER

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 439 3,868 11,929 4,832 43,713 141,818

Retail 85 597 1,871 571 5,604 18,270

Wholesale 29 235 524 644 4,753 8,549

Hospitality & Food Service 29 227 770 337 3,837 11,737

Real Estate, Renting, Leasing 15 129 369 49 679 2,100

Finance & Insurance 34 190 673 157 948 20,589

Information 8 73 233 22 1,057 2,096

Scientific & Technology Services 23 237 779 68 1,663 7,954

Management of Companies 0 5 12 0 31 89

Health Care & Social Assistance 22 571 2,408 136 4,043 17,917

Education Services 15 94 275 656 3,840 10,564

Public Administration & Sales 8 53 196 62 1,059 7,195

Arts, Entertainment, Recreation 4 36 125 19 218 1,148

Utilities 0 1 11 0 6 139

Admin Support & Waste Management 20 190 502 143 1,670 3,927

Construction 38 294 747 229 2,089 5,090

Manufacturing 45 373 776 1,409 9,575 17,689

Agriculture, Mining, Fishing 0 5 14 0 48 82

Other Services 64 558 1,644 330 2,593 6,683

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.