FOR LEASE Harvard Row 21700-21800 West 11 Mile Road Southfield, Michigan
Presented by: Matthew Berke
[email protected] Ryan Kattoo
[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 Harvard Row 21700-21800 West 11 Mile Road Southfield, Michigan
Property Summary
1
Property Photographs
2
Site Plan
3
Trade/Traffic Counts
4
Demographic Report
5
PROPERTY SUMMARY
21700-21800 West 11 Mile Road, Southfield, MI Harvard Row is a great neighborhood shopping center that benefits from the dense surrounding residential and office population. It is located on West 11 Mile and Lahser Road. Join this brand new Dollar Tree, Noah’s Ark Grocery Store, H&R Block, Empress Gardens and many others.
Rental Rate: $8-12 / $3.75 NNN Trade Area Demographics: Radius
Population
Avg. HH Income
1 Mile
9,952
$79,962
3 Mile
76,399
$77,791
5 Mile
267,753
$81,861
Matthew Berke–
[email protected] Extension 101 Ryan Kattoo–
[email protected] Extension 102 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
PROPERTY PHOTOGRAPHS Harvard Row 21700-21800 West 11 Mile Road Southfield, Michigan
2
SITE PLAN Harvard Row 21700-21800 West 11 Mile Road Southfield, Michigan
3
TRADE/TRAFFIC COUNTS Harvard Row 21700-21800 West 11 Mile Road Southfield, Michigan
SITE 147,000 VPD
55,000 VPD 24,000 VPD
12,000 VPD
4
DEMOGRAPHICS 21800 W Eleven Mile Rd 1 mi radius
3 mi radius
5 mi radius
POPULATION
Southfield, MI 48076 2015 Estimated Population
9,952
76,399
267,753
2020 Projected Population
10,185
78,370
272,629
2010 Census Population
9,696
72,892
263,570
2000 Census Population
10,183
78,845
289,397
Projected Annual Growth 2015 to 2020
0.50%
0.50%
0.40%
Historical Annual Growth 2000 to 2015
-0.20%
-0.20%
-0.50%
45.5
44.6
41.6
2015 Estimated Households
4,538
34,004
115,039
2020 Projected Households
4,741
35,709
119,874
2010 Census Households
4,270
31,372
109,801
2000 Census Households
4,426
33,167
117,035
Projected Annual Growth 2015 to 2020
0.90%
1.00%
0.80%
Historical Annual Growth 2000 to 2015
0.20%
0.20%
-0.10%
2015 Estimated White
20.60%
31.30%
47.60%
2015 Estimated Black or African American
74.80%
63.50%
46.80%
2015 Estimated Asian or Pacific Islander
1.90%
2.30%
2.60%
2015 Estimated American Indian or Native Alaskan
0.20%
0.20%
0.20%
2015 Estimated Other Races
2.50%
2.70%
2.70%
2015 Estimated Hispanic
1.10%
1.40%
1.80%
INCOME
RACE AND ETHNICITY
HOUSEHOLDS
2015 Median Age
2015 Estimated Average Household Income
$79,962
$77,791
$81,861
2015 Estimated Median Household Income
$59,928
$62,132
$65,378
2015 Estimated Per Capita Income
$36,584
$34,735
$35,247
BUSINESS
EDUCATION (AGE 25+)
2015 Estimated Elementary (Grade Level 0 to 8) 2015 Estimated Some High School (Grade Level 9 to 11)
1.80%
1.70%
2.00%
4.30%
4.60%
5.30%
2015 Estimated High School Graduate
17.20%
18.20%
20.30%
2015 Estimated Some College
25.40%
24.70%
23.90%
2015 Estimated Associates Degree Only
8.30%
8.70%
7.90%
2015 Estimated Bachelors Degree Only
27.50%
22.60%
22.30%
2015 Estimated Graduate Degree
15.60%
19.50%
18.30%
2015 Estimated Total Businesses
918
6,898
16,663
12,317
84,824
179,948
2015 Estimated Employee Population per Business
13.4
12.3
10.8
2015 Estimated Residential Population per Business
10.8
11.1
16.1
2015 Estimated Total Employees
5