2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food...

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Building Size: Typical Floor Size: Land Area: 2,985 SF Location: Wendy's Dix Road Downriver Cluster Downriver North Submarket Wayne County Melvindale, MI 48122 2,985 SF 0.15 AC Bldg Status: Stories: Built 2002 1 Building Type: Retail/Fast Food Total Avail: 2,985 SF % Leased: 0% Smallest Space: 2,985 SF Total Spaces Avail: 1 Bldg Vacant: 2985 Expenses: 2014 Tax @ $6.94/sf Parcel Number: 47-001-01-0040-301 Ceiling Height: 14' Loading Docks: None Street Frontage: 235 feet on Oakwood Blvd(with 1 curb cut) 147 feet on Raupp Rd(with 1 curb cut) Amenities: Air Conditioning, Pylon Sign Traffic Count: 15,276 cars per day on Oakwood Blvd; 3,708 cars per day on Raupp Rd 25 free Surface Spaces are available; Ratio of 8.38/1,000 SF Parking: Developer: Management: Recorded Owner: - - - Floor Occupancy Rent/SF/Yr + Svs Term Bldg Contig Floor Contig SF Avail Type 2,985 60 Days $20.00/nnn 2,985 2,985 5-20 yrs P 1st New 2630 Oakwood Blvd - Wendy's Copyrighted report licensed to Weichert Realtors Select - 210708. 11/2/2017 Page 1

Transcript of 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food...

Page 1: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Building Size:Typical Floor Size:

Land Area:

2,985 SF

Location: Wendy'sDix RoadDownriver ClusterDownriver North SubmarketWayne CountyMelvindale, MI 48122

2,985 SF

0.15 AC

Bldg Status:

Stories:

Built 2002

1

Building Type: Retail/Fast Food

Total Avail: 2,985 SF% Leased: 0%

Smallest Space: 2,985 SFTotal Spaces Avail: 1

Bldg Vacant: 2985Expenses: 2014 Tax @ $6.94/sf

Parcel Number: 47-001-01-0040-301

Ceiling Height: 14'Loading Docks: None

Street Frontage: 235 feet on Oakwood Blvd(with 1 curb cut)147 feet on Raupp Rd(with 1 curb cut)

Amenities: Air Conditioning, Pylon Sign

Traffic Count: 15,276 cars per day on Oakwood Blvd; 3,708 cars per day on Raupp Rd

25 free Surface Spaces are available; Ratio of 8.38/1,000 SFParking:

Developer:Management:

Recorded Owner: ---

Floor OccupancyRent/SF/Yr + Svs TermBldg ContigFloor ContigSF Avail Type

2,985 60 Days$20.00/nnn2,985 2,985 5-20 yrsP 1st New

2630 Oakwood Blvd - Wendy's

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Page 2: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Aerial / Map Report

Wendy's2630 Oakwood Blvd - Melvindale, MI 48122

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Page 3: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Aerial / Map Report

Wendy's2630 Oakwood Blvd - Melvindale, MI 48122

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Page 4: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

2630 Oakwood Blvd, Melvindale, MI 48122

Wendy's

No Site Plan image was found for this property

Site Plan Report

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Page 5: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Wendy's2630 Oakwood BlvdLeaseExpiration

SFOccupied Industry # EmpTenant Floor(s)

LeaseBegan ContactsPhone

Wendy's 17Retailers/Wholesalers12,985 01/01/2008 (313) 381-5677

1Total Tenants for 2630 Oakwood Blvd:

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Total Tenants for report: 1

Page 6: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

$20.00

0%

2,985 SF

2002

2,985 SF

Fast Food

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Secondary:

Building Type:

Street Cross Street Cross Str DistCountYear

Avg DailyVolume

VolumeType

Miles fromSubject Prop

1 Raupp St Homestead St 0.03 NE 2016 6,691 MPSI .08

2 Oakwood Blvd Dora St 0.03 W 2016 10,611 MPSI .13

3 Dix Rd Leo St 0.08 NE 2016 12,430 MPSI .19

4 Oakwood Blvd Flora St 0.03 W 2012 9,164 AADT .21

5 Schaefer Rd Dora St 0.02 NW 2016 20,944 MPSI .25

6 Oakwood Blvd S Schaefer Hwy 0.08 W 2016 5,633 MPSI .33

7 S Dix St Oakwood Blvd 0.11 NE 2016 11,088 MPSI .35

8 Mellon St Lang St 0.02 E 2010 5,542 AADT .42

9 Greenfield Rd Wall St 0.11 SE 2016 9,236 MPSI .44

10 S Schaefer Hwy Oakwood Blvd 0.32 NW 2012 29,597 MPSI .45

Traffic Count Report

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

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Page 7: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Type:County:

Retail/Fast FoodWayne

1 Mile

County

Population Growth Household Growth

2017 Med Household Inc 2017 Households by Household Income

2017 Median Age 2017 Population by Race

2017 Renter vs. Owner 2017 Employed vs. Unemployed

Type: Retail/Fast Food

Demographic Market Comparison Report 1 mile radius

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Page 8: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Type:County:

Retail/Fast FoodWayne

1 Mile County

Population Growth

2017 Population by Race 6,676 1,751,112

Household Growth

2017 Households by Household Income 2,725 676,350

Growth 2010 - 2017 -4.47% -3.82%

Growth 2017 - 2022 -1.84% -1.71%

94.10% 93.39% Empl 2,870 760,764

5.90% 6.61% Unempl 180 53,813

80.71% 54.83% White 5,388 960,096

13.63% 39.11% Black 910 684,793

0.90% 0.48% Am. Indian & Alaskan 60 8,399

1.30% 3.17% Asian 87 55,485

0.04% 0.02% Hawaiian & Pacific Island 3 388

3.42% 2.40% Other 228 41,951

Growth 2010 - 2017 -4.32% -3.76%

Growth 2017 - 2022 -1.83% -1.71%

35.47% 35.32%Renter Occupied 967 238,919

64.53% 64.68%Owner Occupied 1,759 437,431

40.22% 31.65%Income <$25K 1,096 214,058

27.30% 24.09%Income $25K - $50K 744 162,921

17.80% 16.54%Income $50K - $75K 485 111,884

9.17% 10.54%Income $75K - $100K 250 71,320

3.23% 6.80%Income $100K - $125K 88 45,961

0.81% 3.71%Income $125K - $150K 22 25,082

1.47% 3.48%Income $150K - $200K 40 23,511

0.00% 3.20%Income $200K+ 0 21,613

2017 Med Household Inc $33,706 $42,756

2017 Median Age 37.60 38.00

Demographic Market Comparison Report 1 mile radius

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Page 9: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

$20.00

0%

2,985 SF

2002

2,985 SF

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

Fast FoodSecondary:

Radius 1 Mile 3 Mile 5 Mile

Population

2022 Projection 6,552 95,422 286,608

2017 Estimate 6,675 97,425 291,841

2010 Census 6,987 102,932 304,617

Growth 2017 - 2022 -1.84% -2.06% -1.79%

Growth 2010 - 2017 -4.47% -5.35% -4.19%

2017 Population by Hispanic Origin 1,428 20,213 58,488

2017 Population 6,675 97,425 291,841

White 5,388 80.72% 72,729 74.65% 230,941 79.13%

Black 910 13.63% 18,911 19.41% 44,825 15.36%

Am. Indian & Alaskan 60 0.90% 1,043 1.07% 2,564 0.88%

Asian 87 1.30% 1,162 1.19% 3,542 1.21%

Hawaiian & Pacific Island 3 0.04% 62 0.06% 158 0.05%

Other 228 3.42% 3,517 3.61% 9,810 3.36%

U.S. Armed Forces 1 16 22

Households

2022 Projection 2,676 34,915 103,007

2017 Estimate 2,726 35,645 104,905

2010 Census 2,849 37,630 109,510

Growth 2017 - 2022 -1.83% -2.05% -1.81%

Growth 2010 - 2017 -4.32% -5.28% -4.21%

Owner Occupied 1,759 64.53% 22,364 62.74% 69,010 65.78%

Renter Occupied 967 35.47% 13,281 37.26% 35,894 34.22%

2017 Households by HH Income 2,725 35,643 104,904

Income: <$25,000 1,096 40.22% 12,798 35.91% 35,384 33.73%

Income: $25,000 - $50,000 744 27.30% 10,095 28.32% 28,129 26.81%

Income: $50,000 - $75,000 485 17.80% 5,760 16.16% 18,210 17.36%

Income: $75,000 - $100,000 250 9.17% 3,251 9.12% 10,692 10.19%

Income: $100,000 - $125,000 88 3.23% 1,891 5.31% 6,389 6.09%

Income: $125,000 - $150,000 22 0.81% 795 2.23% 2,703 2.58%

Income: $150,000 - $200,000 40 1.47% 646 1.81% 2,140 2.04%

Income: $200,000+ 0 0.00% 407 1.14% 1,257 1.20%

2017 Avg Household Income $41,120 $48,725 $51,580

2017 Med Household Income $33,706 $35,376 $38,479

Demographic Summary Report

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Page 10: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

$20.00

0%

2,985 SF

2002

2,985 SF

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

Business Employment by Type # of Businesses # Employees #Emp/Bus

Secondary: Fast Food

Total Businesses 260 2,470 10

Retail & Wholesale Trade 73 589 8

Hospitality & Food Service 25 271 11

Real Estate, Renting, Leasing 8 84 11

Finance & Insurance 14 52 4

Information 2 7 4

Scientific & Technology Services 16 141 9

Management of Companies 0 0 0

Health Care & Social Assistance 12 67 6

Educational Services 4 140 35

Public Administration & Sales 4 47 12

Arts, Entertainment, Recreation 5 37 7

Utilities & Waste Management 15 58 4

Construction 15 148 10

Manufacturing 18 577 32

Agriculture, Mining, Fishing 1 35 35

Other Services 48 217 5

Daytime Employment Report 1 Mile Radius

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Page 11: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

$20.00

0%

2,985 SF

2002

2,985 SF

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

Fast FoodSecondary:

2017 Annual Spending ($000s) 1 Mile 3 Mile 5 Mile

Total Specified Consumer Spending $48,987 $704,541 $2,187,320

Total Apparel $3,325 $49,238 $148,721

Women's Apparel 1,253 18,221 55,210

Men's Apparel 659 9,839 29,993

Girl's Apparel 284 4,378 13,119

Boy's Apparel 187 3,012 9,065

Infant Apparel 172 2,542 7,604

Footwear 770 11,246 33,729

Total Entertainment & Hobbies $4,055 $56,734 $175,255

Entertainment 552 8,713 27,110

Audio & Visual Equipment/Service 2,008 27,590 83,587

Reading Materials 169 2,367 7,635

Pets, Toys, & Hobbies 1,325 18,064 56,922

Personal Items 3,805 54,722 168,865

Total Food and Alcohol $14,949 $211,963 $649,869

Food At Home 9,169 129,154 392,100

Food Away From Home 4,830 69,744 217,013

Alcoholic Beverages 950 13,065 40,756

Total Household $6,643 $94,383 $293,360

House Maintenance & Repair 1,682 21,882 68,019

Household Equip & Furnishings 2,735 38,249 118,064

Household Operations 1,843 27,656 85,955

Housing Costs 383 6,596 21,322

Consumer Spending Report

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

Copyrighted report licensed to Weichert Realtors Select - 210708.11/2/2017

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Page 12: 2630 Oakwood Blvd - Wendy's - LoopNet · 2017-11-21 · $20.00 0% 2,985 SF 2002 2,985 SF Fast Food General Retail Rent/SF/Yr: % Leased: Total Available: Year Built: GLA: Secondary:

Consumer Spending Report

Wendy's2630 Oakwood Blvd, Melvindale, MI 48122

2017 Annual Spending (000s) 1 Mile 3 Mile 5 Mile

Total Transportation/Maint. $10,836 $159,110 $504,642

Vehicle Purchases 4,108 61,853 204,545

Gasoline 4,411 62,833 194,189

Vehicle Expenses 380 5,344 14,877

Transportation 497 8,538 26,466

Automotive Repair & Maintenance 1,440 20,543 64,565

Total Health Care $3,122 $41,671 $129,753

Medical Services 1,706 23,022 72,191

Prescription Drugs 1,140 14,868 45,939

Medical Supplies 276 3,781 11,624

Total Education/Day Care $2,252 $36,720 $116,854

Education 1,582 25,424 80,265

Fees & Admissions 671 11,297 36,588

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