Post on 18-Aug-2020
CONTACT
6476 Orchard Lake Road, Suite A West Bloomfield, Michigan 48322
P: 248 538 2000 F: 248 538 9905
www.cmprealestategroup.com
LANCE NUMAN JORDAN JABBORI
lnuman@cmprealestategroup.com jjabbori@cmprealestategroup.com
DOLPHIN PLAZAGRAND RIVER AVENUE AND ORCHARD LAKE ROAD, FARMINGTON, MI
AVAILABLE
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
Shopping Center Size 6,000 SF
Space Available 3,000 SF
Minimum Available 1,500 SF
Maximum Available 3,000 SF
Asking Rate $14.00 PSF
NNN Charge’s $4.00 PSF
Asking Price $590,000
Property Taxes $9,770.90/Annually
Parking 37 spaces
ADDRESS
31691-31715 GRAND RIVER AVENUE
FARMINGTON, MICHIGAN 48335
DOLPHIN PLAZA
PROPERTY SUMMARY
DEMOGRAPHICS
Population 208,772 people
Households 88,234 homes
Average Household Income $86,769/annually
Employees 163,014 employees
PROPERTY HIGHLIGHTS
Join Dolphin Plaza located on heavily traveled Grand River Avenue.
Renovations to the entire shopping center were completed within the last year,
including a brand new roof.
Shopping center is within close proximity to Downtown Farmington and
Farmington High School.
Property offers tremendous visibility and accessibility off Grand River ideal
for any retail, office or service user.
Site is surrounded by a strong residential population with over 200,000
residents within the 5-mile radius.
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.
DOLPHIN PLAZA
SITE PLAN
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.
DOLPHIN PLAZA
PROPOSED SITE PLAN
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.
DOLPHIN PLAZA
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.
DOLPHIN PLAZA
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.
POPULATION 1 MILE 3 MILE 5 MILE
2023 Projection 10,770 81,927 209,377
2018 Estimate 10,592 81,281 208,772
2010 Census 10,011 79,353 207,762
Growth 2018-2023 1.68% 0.79% 0.29%
Growth 2010-2018 5.80% 2.43% 0.49%
2018 Population Hispanic Origin 276 2,183 5,266
2018 Population by Race:
White 8,429 56,699 140,789
Black 1,313 13,870 46,746
Am. Indian & Alaskan 23 233 620
Asian 596 8,754 16,269
Hawaiian & Pacific Island 6 21 43
Other 225 1,704 4,305
U.S. Armed Forces: 6 18 28
DOLPHIN PLAZA
DEMOGRAPHICS
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2023 Projection 4,836 35,066 88,537
2018 Estimate 4,759 34,770 88,234
2010 Census 4,519 33,910 87,741
Growth 2018 - 2023 1.62% 0.85% 0.34%
Growth 2010 - 2018 5.31% 2.54% 0.56%
Owner Occupied 3,321 21,925 58,670
Renter Occupied 1,439 12,846 29,564
2018 Avg Household Income $78,703 $86,649 $86,769
2018 Med Household Income $62,911 $66,387 $66,023
2018 Households by Household Inc:
<$25,000 889 5,604 15,444
$25,000 - $50,000 1,067 7,556 18,604
$50,000 - $75,000 791 6,231 15,500
$75,000 - $100,000 797 4,884 11,898
$100,000 - $125,000 459 3,337 8,558
$125,000 - $150,000 329 2,762 6,130
$150,000 - $200,000 211 2,126 6,168
$200,000+ 216 2,272 5,932
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.
DAYTIME
EMPLOYMENT NUMBER OF BUSINESSES NUMBER OF EMPLOYEES
1 MILE 3 MILE 5 MILE 1 MILE 3 MILE 5 MILE
Total Businesses 759 3,570 12,398 5,965 36,774 163,014
Retail 109 389 1,224 861 4,033 17,384
Wholesale 28 126 376 194 1,561 6,237
Hospitality & Food Service 41 185 614 554 2,622 12,164
Real Estate, Renting, Leasing 34 161 589 163 1,591 5,963
Finance & Insurance 73 249 1,236 345 1,279 13,332
Information 10 65 305 125 765 6,771
Scientific & Technology Services 73 342 1,748 618 3,277 26,423
Management of Companies 0 1 7 0 3 73
Health Care & Social Assistance 173 1,057 3,412 1,584 11,191 27,456
Education Services 16 69 212 333 2,143 7,130
Public Administration & Sales 3 46 113 10 996 2,252
Arts, Entertainment, Recreation 17 45 132 155 460 2,189
Utilities 0 2 10 0 55 562
Admin Support & Waste Management 31 148 436 99 888 7,041
Construction 48 233 591 321 1,396 4,554
Manufacturing 23 120 404 139 1,663 14,807
Agriculture, Mining, Fishing 0 1 6 0 6 24
Other Services 80 331 983 464 2,845 8,652
DOLPHIN PLAZA
DEMOGRAPHICS – DAYTIME POPULATION
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.