New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from...

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RETAIL PROPERTY FOR LEASE Strip Center with Dollar General Anchor 5414-5452 S SAGINAW ROAD GRAND BLANC, MI 48507 Located on Grand Blanc’s Retail Corridor Solid, Popular Anchor – Dollar General Great Frontage – 315’ Plenty of Parking

Transcript of New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from...

Page 1: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

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

Page 2: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

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 [email protected] (P) 248.358.0100 (C) 586.242.4047

[email protected] (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

Page 3: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

DEVON JACKSON Associate

PHILLIP J. MYERS Senior [email protected] (P) 248.358.0100 (C) 586.242.4047

[email protected] (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

Page 4: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

DEVON JACKSON Associate

PHILLIP J. MYERS Senior [email protected] (P) 248.358.0100 (C) 586.242.4047

[email protected] (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

Page 5: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

DEVON JACKSON Associate

PHILLIP J. MYERS Senior [email protected] (P) 248.358.0100 (C) 586.242.4047

[email protected] (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

Page 6: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

DEVON JACKSON Associate

PHILLIP J. MYERS Senior [email protected] (P) 248.358.0100 (C) 586.242.4047

[email protected] (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

Page 7: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

Presented By:

John De Wald | 248.663.0504www.principal-tcn.com

Page 8: New Strip Center with Dollar General Anchor · 2017. 10. 4. · * demographic data derived from 2010 us census population 1 mile 3 miles 5 miles total population 6,124 48,232 122,333

CORPORATE & INVESTMENT REAL ESTATE

26555 EVERGREEN, SUITE 1500 SOUTHFIELD, MICHIGAN 48076 MAIN: 248.358.0100 www.principal-tcn.com