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