NEW DEVELOPMENT

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NEW DEVELOPMENT 858 S. Main Street Lapeer, Michigan 48446

Presented by: Greg Newman [email protected]

www.keystonecres.com 31000 Northwestern Highway-Suite 200 Farmington Hills Michigan 48334 (248) 356-8000 Information contained herein was obtained from sources deemed to be reliable but is not guaranteed. Subject to prior sale, change of price or withdrawal.

TABLE OF CONTENTS 858 S. Main Street Lapeer, Michigan 48446

Property Summary

1

Site Plan

2

Aerial

3

Area Map

4

Trade/ Traffic Count Aerial

5

Demographic Report

6

PROPERTY SUMMARY

PROPOSED DEVELOPMENT

858 S. Main Street– Lapeer, MI 48359

Proposed new development located on S. Main Street in downtown Lapeer. This new development will be situated at one of the entrances to Meijer off of S Main Street and Baldwin Road. Some national big box area tenants located near this proposed development include: Kohl's, Meijer's, Pet Supplies Plus, Home Depot and many more. With these two drive thru spaces, a perfect developmental opportunity is available for any fast casual, single users or soft goods.

Trade Area Demographics: Radius

Population

Avg. HH Income

1 Mile

3,376

$ 52,520

3 Mile

15,947

$ 52635

5 Mile

24,034

$ 59,634 Greg Newman– [email protected] Extension 103

www.keystonecres.com ph: 248.356.8000 fax: 248.353.7991 31000 Northwestern Highway Suite 200 Farmington Hills, MI 48334 Information contained herein was obtained from sources deemed to be reliable but is not guaranteed. Subject to prior sale, change of price or withdrawal.

1

SITE PLAN 858 S. Main Street Lapeer, Michigan 48446

2

AERIAL 858 S. Main Street Lapeer, Michigan 48446

SITE

3

AREA MAP 858 S. Main Street Lapeer, Michigan 48446

4

TRADE/ TRAFFIC COUNT AERIAL 858 S. Main Street Lapeer, Michigan 48446

12,713 vpd. 2012

14,101 vpd. 2012

9,316 vpd. 2012

11,988 vpd. 2012

SITE

33,314vpd. 2012

5

DEMOGRAPHICS 858 S Main St 1 mi radius

3 mi radius

5 mi radius

2015 Estimated Population

3,376

15,947

24,034

2020 Projected Population

3,352

15,862

23,882

2010 Census Population

3,287

15,664

24,051

2000 Census Population

4,364

15,816

24,221

Projected Annual Growth 2015 to 2020

-0.10%

-0.10%

-0.10%

Historical Annual Growth 2000 to 2015

-1.50%

0.10%

-0.10%

37.2

39.8

41.5

2015 Estimated Households

1,410

6,425

9,548

2020 Projected Households

1,426

6,509

9,670

2010 Census Households

1,310

6,045

9,167

2000 Census Households

1,389

5,873

8,759

Projected Annual Growth 2015 to 2020

0.20%

0.30%

0.30%

Historical Annual Growth 2000 to 2015

0.10%

0.60%

0.60%

2015 Estimated White

94.10%

91.70%

93.30%

2015 Estimated Black or African American

1.00%

4.60%

3.20%

2015 Estimated Asian or Pacific Islander

1.20%

0.90%

0.80%

2015 Estimated American Indian or Native Alaskan

0.70%

0.50%

0.50%

2015 Estimated Other Races

3.00%

2.20%

2.20%

2015 Estimated Hispanic

5.00%

3.60%

3.30%

2015 Estimated Average Household Income

$52,520

$52,635

$59,634

2015 Estimated Median Household Income

$40,794

$41,295

$48,598

2015 Estimated Per Capita Income

$22,550

$21,463

$23,887

POPULATION

Lapeer, MI 48446

BUSINESS

EDUCATION (AGE 25+)

INCOME

RACE AND ETHNICITY

HOUSEHOLDS

2015 Median Age

2015 Estimated Elementary (Grade Level 0 to 8)

3.90%

3.10%

3.20%

2015 Estimated Some High School (Grade Level 9 to 11)

18.50%

13.70%

11.50%

2015 Estimated High School Graduate

33.40%

32.00%

31.80%

2015 Estimated Some College

20.40%

22.20%

22.40%

2015 Estimated Associates Degree Only

7.20%

8.30%

8.90%

2015 Estimated Bachelors Degree Only

9.10%

9.70%

10.30%

2015 Estimated Graduate Degree

7.60%

10.90%

11.90%

2015 Estimated Total Businesses

413

1,138

1,386

2015 Estimated Total Employees

5,039

12,200

14,029

2015 Estimated Employee Population per Business

12.2

10.7

10.1

2015 Estimated Residential Population per Business

8.2

14

17.3

6