Post on 17-Oct-2020
RETAIL PROPERTY FOR LEASE
Strip Center with Dollar GeneralAnchor5414-5452 S SAGINAW ROADGRAND BLANC, MI 48507
Located on Grand Blanc’s Retail Corridor
Solid, Popular Anchor – Dollar General
Great Frontage – 315’
Plenty of Parking
R E TA I L P R O P E R T Y F O R L E A S E
5414-5452 S SAGINAW ROAD, GRAND BLANC, MI // EXECUTIVE SUMMARY
DEVON JACKSON Associate
PHILLIP J. MYERS Senior Associatepmyers@principal-tcn.com (P) 248.358.0100 (C) 586.242.4047
djackson@principal-tcn.com (P) 248.663.0508 (C) 248.568.1488
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
26555 Evergreen Road, Suite 1500 • Southfield, MI 48076
PROPERTY OVERVIEW
North Pointe Plaza is an Anchored Strip Center with 16,600 square feet of rentablespace. It is anchored by Dollar General which occupies 9,000 square feet. Other tenantsinclude Active Physical Therapy and Salon Bien.
It is located on South Saginaw Road in Grand Blanc between Greenwood Lane andWildwood Circle Drive. Directly across the street is the Municipal Building for GrandBlanc Township. Within 3 miles there are 20,469 Households with an AverageHousehold Income of $41,862. Traffic count: 18,939 cars per day.
PROPERTY HIGHLIGHTS
• Located on Grand Blanc’s Retail Corridor
• Solid, Popular Anchor – Dollar General
• Great Frontage – 315’
• Plenty of Parking
OFFERING SUMMARY
Lease Rate: $10.00 SF/yr (NNN)
Available SF: 1,498 - 1,500 SF
Lot Size: 1.95 Acres
Year Built: 2003
Building Size: 16,600 SF
Zoning: GC
DEVON JACKSON Associate
PHILLIP J. MYERS Senior Associatepmyers@principal-tcn.com (P) 248.358.0100 (C) 586.242.4047
djackson@principal-tcn.com (P) 248.663.0508 (C) 248.568.1488
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
26555 Evergreen Road, Suite 1500 • Southfield, MI 48076
AREA OVERVIEW
The City of Grand Blanc, Michigan is located in Genesee Countyapproximately 45 minutes north of metro Detroit (4 miles north ofthe Oakland County line), 15 minutes southeast of Flint and 35minutes north of Auburn Hills. Saginaw and Holly Roads are majorthoroughfares for the area, both of which provide direct access toI-75.
Grand Blanc has been recognized as a five-star community byUniversity of Michigan-Dearborn's Center for Innovative ResearchiLabs. The designation recognizes the city for fosteringentrepreneurial growth and economic development, as part of thecenter's annual eCities student.
Grand Blanc was also named as one of the top 10 (actually #6)best places to live in Michigan. This recognition was driven by thefact that the crime rate is 15 percent below the state average,while home values are 26 percent above.
According to a recent news release, “Grand Blanc is enthusiasticabout business in the community, while also staying true to itsheritage and history. It helps facilitates businesses with a rapidreview process and connections to local technical agencies toassist with marketing plans and property searches and coordinatesresources for businesses that require additional funding sources.”
R E TA I L P R O P E R T Y F O R L E A S E
5414-5452 S SAGINAW ROAD, GRAND BLANC, MI // PROPERTY DESCRIPTION
DEVON JACKSON Associate
PHILLIP J. MYERS Senior Associatepmyers@principal-tcn.com (P) 248.358.0100 (C) 586.242.4047
djackson@principal-tcn.com (P) 248.663.0508 (C) 248.568.1488
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
26555 Evergreen Road, Suite 1500 • Southfield, MI 48076
R E TA I L P R O P E R T Y F O R L E A S E
5414-5452 S SAGINAW ROAD, GRAND BLANC, MI // LOCATION MAPS
DEVON JACKSON Associate
PHILLIP J. MYERS Senior Associatepmyers@principal-tcn.com (P) 248.358.0100 (C) 586.242.4047
djackson@principal-tcn.com (P) 248.663.0508 (C) 248.568.1488
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
26555 Evergreen Road, Suite 1500 • Southfield, MI 48076
* Demographic data derived from 2010 US Census
POPULATION 1 MILE 3 MILES 5 MILES
TOTAL POPULATION 6,124 48,232 122,333
MEDIAN AGE 34.4 35.3 36.2
MEDIAN AGE (MALE) 33.0 33.2 34.8
MEDIAN AGE (FEMALE) 35.3 37.1 37.7
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
TOTAL HOUSEHOLDS 2,358 19,130 49,479
# OF PERSONS PER HH 2.6 2.5 2.5
AVERAGE HH INCOME $53,177 $54,136 $54,807
AVERAGE HOUSE VALUE $114,014 $128,282 $134,451
R E TA I L P R O P E R T Y F O R L E A S E
5414-5452 S SAGINAW ROAD, GRAND BLANC, MI // DEMOGRAPHICS MAP
DEVON JACKSON Associate
PHILLIP J. MYERS Senior Associatepmyers@principal-tcn.com (P) 248.358.0100 (C) 586.242.4047
djackson@principal-tcn.com (P) 248.663.0508 (C) 248.568.1488
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
26555 Evergreen Road, Suite 1500 • Southfield, MI 48076
R E TA I L P R O P E R T Y F O R L E A S E
5414-5452 S SAGINAW ROAD, GRAND BLANC, MI // AERIAL MAP
Presented By:
John De Wald | 248.663.0504www.principal-tcn.com
CORPORATE & INVESTMENT REAL ESTATE
26555 EVERGREEN, SUITE 1500 SOUTHFIELD, MICHIGAN 48076 MAIN: 248.358.0100 www.principal-tcn.com