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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Email: Info@cmprealestategroup.com

Website: www.cmprealestategroup.com

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TENANT PEPRESENTATION COMMERCIAL LEASING DISPOSITION INVESTMENT SALES

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.