phillipsedison & company cherry hill marketplace
C H E R RY H I L L M A R K E T P L A C E
SIZE
S. Wildwood Ave
120,568 square feet
CHERRY HILL MARKETPLACE Marquette St
L O C AT I O N
Cherry Hill Rd
200 Merriman Road | Westland, Michigan 48186
Cherry Hill Marketplace Middle Belt Rd
Henry Ruff St
Merriman Rd
Venoy Rd
Palmer Rd
P R O P E RT Y H I G H L I G H T S
• Anchored by Kroger, the number one grocer in the Detroit area 12
an Ave
Michig
WESTLAND, MICHIGAN 24
96
75 96 Detroit
Westland 275
WES TLAND, MI C HI G AN
12
75
• Additional tenants include H&R Block, ACO Hardware, Great Clips, Advance America and CVS • Located in Westland, a suburb 16 miles west of Detroit, with a population exceeding 126,000 in a three-mile radius • The center is located at the high traffic intersection of Merriman Road and Cherry Hill Road, which benefits from over 57,000 vehicles per day
94
L E A S I N G C O N TA C T Scott Faloni Phillips Edison & Company 11501 Northlake Drive Cincinnati, OH 45249 Mobile (410) 693-3248 [email protected] MORE INFO www.phillipsedison.com
P H I L L I P S
E D I S O N
&
C O M P A N Y
CHERRY HILL MARKETPLACE
200 MERRIMAN RD | WESTLAND, MI 48186 SITE BOUNDARY
TOTAL SQ. FT.
N
490 480
300 400
450
460B
470
460A
2,252 1,728 1,440 1,440 53,739 14,563 12,119 5,500 2,125 2,125 2,800 2,040 2,717 5,100 10,880
120 130 140
AVAILABLE Advance America Great Clips Golden Nails Kroger Ace Hardware AVAILABLE Hallmark Bamboo Garden AVAILABLE H&R Block AVAILABLE AVAILABLE Paws and Claws CVS
200
120,568
SITE LEGEND
500
Available
MONUMENT SIGN
Occupied Leased (not occupied) Owned by Others
DETENTION POND
600
MONUMENT SIGN
MERRIMAN ROAD 30,000 VPD
MONUMENT SIGN
pecopublish
CHERRY HILL ROAD 26,732 VPD
100 120 130 140 200 300 400 450 460A 460B 470 480 490 500 600
SQ. FT.
100
SPACE TENANT
C H E R R YHILL H I MARKETPLACE LL MARKETPLACE CHERRY
200 Merriman Road| | Westland, Westland,Michigan Michigan 48186 48186 200 Merriman Road
Logos are for identification purposes only and may be trademarks of their respective companies.
Logos are for identification purposes only and may be trademarks of their respective companies.
This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2009 Sites USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.
04/03/2015
PHILLIPS EDISON & COMPANY
Demographic Summary Report
1990 - 2000 Census, 2014 Estimates & 2019 Projections Calculated using TAS Retrieval Retrieval
Population
Cherry Hill Marketplace
Households Population by Race Income Education (Age 25+)
Longitude: -83.352149
1.00 Mile Radius 3.00 Mile Radius 5.00 Mile Radius
10.00 Mile Radius
Q4 2014 Estimated Population 2019 Projected Population 2010 Census Population 2000 Census Population 1990 Census Population
17,348 16,544 17,568 18,825 20,012
124,430 119,386 125,877 135,782 140,870
277,200 267,479 278,092 288,631 290,827
905,156 875,711 912,657 955,744 947,488
Historical Annual Growth 1990 to 2000 Historical Annual Growth 2000 to 2010 Estimated Annual Growth 2010 to2014 Projected Annual Growth 2014 to 2019
-0.61% -0.69% -0.26% -0.94%
-0.37% -0.75% -0.24% -0.82%
-0.08% -0.37% -0.07% -0.71%
0.09% -0.46% -0.17% -0.66%
39.2
38.7
39.1
38.8
6,817 6,498 6,903 7,189 6,919
50,265 48,200 50,946 53,724 51,989
111,999 108,019 112,478 115,716 109,929
353,059 341,541 355,818 367,502 350,267
0.38% -0.40% -0.26% -0.95%
0.33% -0.53% -0.28% -0.84%
0.51% -0.28% -0.09% -0.72%
0.48% -0.32% -0.16% -0.66%
Population per Household
2.52
2.46
2.45
2.55
White Black or African American Asian & Pacific Islander Other Races Hispanic Population
76.5% 16.3% 1.2% 2.6% 3.4%
70.7% 21.3% 1.7% 2.9% 3.4%
73.0% 18.0% 2.7% 2.7% 3.6%
66.5% 24.0% 3.0% 2.6% 3.8%
$54,741 $46,059 $21,731
$51,684 $42,081 $21,036
$58,562 $46,958 $23,853
$63,745 $49,063 $25,026
Elementary Some High School High School Graduate Some College Associates Degree Only Bachelors Degree Only Graduate Degree
3.1% 9.8% 39.0% 27.7% 7.4% 9.7% 3.3%
3.5% 10.6% 37.0% 26.6% 8.1% 10.2% 4.0%
3.5% 8.6% 32.9% 26.5% 8.2% 13.5% 6.9%
4.0% 8.6% 29.6% 25.2% 8.0% 15.5% 9.0%
Number of Businesses Total Number of Employees Employees per Business Residential Population per Business
118 1,863 15.82 147.35
1,805 34,895 19.33 68.94
5,066 109,737 21.66 54.72
18,649 419,416 22.49 48.54
Median Age
Business
Latitude: 42.309343
Q4 2014 Estimated Households 2019 Projected Households 2010 Census Households 2000 Census Households 1990 Census Households Historical Annual Growth 1990 to 2000 Historical Annual Growth 2000 to 2014 Estimated Annual Growth 2000 to 2014 Projected Annual Growth 2014 to 2019
Average Household Income Median Household Income Per Capita Income
©2008, Trade Area Systems
This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.
Apr 8, 2015
Data Source: Synergos Technologies Inc Austin, TX
SIZE
S. Wildwood Ave
120,568 square feet
CHERRY HILL MARKETPLACE Marquette St
L O C AT I O N
Cherry Hill Rd
200 Merriman Road | Westland, Michigan 48186
Cherry Hill Marketplace Middle Belt Rd
Henry Ruff St
Merriman Rd
Venoy Rd
Palmer Rd
P R O P E RT Y H I G H L I G H T S
• Anchored by Kroger, the number one grocer in the Detroit area 12
an Ave
Michig
WESTLAND, MICHIGAN 24
96
75 96 Detroit
Westland 275
WES TLAND, MI C HI G AN
12
75
• Additional tenants include H&R Block, ACO Hardware, Great Clips, Advance America and CVS • Located in Westland, a suburb 16 miles west of Detroit, with a population exceeding 126,000 in a three-mile radius • The center is located at the high traffic intersection of Merriman Road and Cherry Hill Road, which benefits from over 57,000 vehicles per day
94
L E A S I N G C O N TA C T Scott Faloni Phillips Edison & Company 11501 Northlake Drive Cincinnati, OH 45249 Mobile (410) 693-3248 [email protected] MORE INFO www.phillipsedison.com
P H I L L I P S
E D I S O N
&
C O M P A N Y
CHERRY HILL MARKETPLACE
200 MERRIMAN RD | WESTLAND, MI 48186 SITE BOUNDARY
TOTAL SQ. FT.
N
490 480
300 400
450
460B
470
460A
2,252 1,728 1,440 1,440 53,739 14,563 12,119 5,500 2,125 2,125 2,800 2,040 2,717 5,100 10,880
120 130 140
AVAILABLE Advance America Great Clips Golden Nails Kroger Ace Hardware AVAILABLE Hallmark Bamboo Garden AVAILABLE H&R Block AVAILABLE AVAILABLE Paws and Claws CVS
200
120,568
SITE LEGEND
500
Available
MONUMENT SIGN
Occupied Leased (not occupied) Owned by Others
DETENTION POND
600
MONUMENT SIGN
MERRIMAN ROAD 30,000 VPD
MONUMENT SIGN
pecopublish
CHERRY HILL ROAD 26,732 VPD
100 120 130 140 200 300 400 450 460A 460B 470 480 490 500 600
SQ. FT.
100
SPACE TENANT
C H E R R YHILL H I MARKETPLACE LL MARKETPLACE CHERRY
200 Merriman Road| | Westland, Westland,Michigan Michigan 48186 48186 200 Merriman Road
Logos are for identification purposes only and may be trademarks of their respective companies.
Logos are for identification purposes only and may be trademarks of their respective companies.
This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2009 Sites USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.
04/03/2015
PHILLIPS EDISON & COMPANY
Demographic Summary Report
1990 - 2000 Census, 2014 Estimates & 2019 Projections Calculated using TAS Retrieval Retrieval
Population
Cherry Hill Marketplace
Households Population by Race Income Education (Age 25+)
Longitude: -83.352149
1.00 Mile Radius 3.00 Mile Radius 5.00 Mile Radius
10.00 Mile Radius
Q4 2014 Estimated Population 2019 Projected Population 2010 Census Population 2000 Census Population 1990 Census Population
17,348 16,544 17,568 18,825 20,012
124,430 119,386 125,877 135,782 140,870
277,200 267,479 278,092 288,631 290,827
905,156 875,711 912,657 955,744 947,488
Historical Annual Growth 1990 to 2000 Historical Annual Growth 2000 to 2010 Estimated Annual Growth 2010 to2014 Projected Annual Growth 2014 to 2019
-0.61% -0.69% -0.26% -0.94%
-0.37% -0.75% -0.24% -0.82%
-0.08% -0.37% -0.07% -0.71%
0.09% -0.46% -0.17% -0.66%
39.2
38.7
39.1
38.8
6,817 6,498 6,903 7,189 6,919
50,265 48,200 50,946 53,724 51,989
111,999 108,019 112,478 115,716 109,929
353,059 341,541 355,818 367,502 350,267
0.38% -0.40% -0.26% -0.95%
0.33% -0.53% -0.28% -0.84%
0.51% -0.28% -0.09% -0.72%
0.48% -0.32% -0.16% -0.66%
Population per Household
2.52
2.46
2.45
2.55
White Black or African American Asian & Pacific Islander Other Races Hispanic Population
76.5% 16.3% 1.2% 2.6% 3.4%
70.7% 21.3% 1.7% 2.9% 3.4%
73.0% 18.0% 2.7% 2.7% 3.6%
66.5% 24.0% 3.0% 2.6% 3.8%
$54,741 $46,059 $21,731
$51,684 $42,081 $21,036
$58,562 $46,958 $23,853
$63,745 $49,063 $25,026
Elementary Some High School High School Graduate Some College Associates Degree Only Bachelors Degree Only Graduate Degree
3.1% 9.8% 39.0% 27.7% 7.4% 9.7% 3.3%
3.5% 10.6% 37.0% 26.6% 8.1% 10.2% 4.0%
3.5% 8.6% 32.9% 26.5% 8.2% 13.5% 6.9%
4.0% 8.6% 29.6% 25.2% 8.0% 15.5% 9.0%
Number of Businesses Total Number of Employees Employees per Business Residential Population per Business
118 1,863 15.82 147.35
1,805 34,895 19.33 68.94
5,066 109,737 21.66 54.72
18,649 419,416 22.49 48.54
Median Age
Business
Latitude: 42.309343
Q4 2014 Estimated Households 2019 Projected Households 2010 Census Households 2000 Census Households 1990 Census Households Historical Annual Growth 1990 to 2000 Historical Annual Growth 2000 to 2014 Estimated Annual Growth 2000 to 2014 Projected Annual Growth 2014 to 2019
Average Household Income Median Household Income Per Capita Income
©2008, Trade Area Systems
This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.
Apr 8, 2015
Data Source: Synergos Technologies Inc Austin, TX
