FORMER LINENS `N THINGS - Landmark Commercial Real

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FORMER LINENS `N THINGS - Landmark Commercial Real
14455 LAKESIDE CIRCLE
STERLING HEIGHTS MI
MACOMB COUNTY
FORMER LINENS ‘N THINGS
Type: Lease
DESCRIPTION:
PROPERTY TYPE:
Freestanding
DATE AVAILABLE:
Immediately
RENT:
$14.00/SF
NNN EXPENSE:
Est. at $2.60/SF
BUILDING SIZE:
39,187 SF
BUILDING
DIMENSIONS:
155’ x 250’
LOT SIZE:
5.7 Acres
LOT DIMENSIONS:
552’ x 440’
ZONING:
C-2
IMPROVEMENTS:
Vanilla Box
TRAFFIC COUNT:
Hall Road between
Schoenherr Road & Hayes
Road = 87,900 (09)
CONTACT:
Michael Lippitt Radius:
(248) 488-2620
Pop. Density:
The former Linens ‘n Things is located at the
southwest corner of Hall Road & Eastbrook Drive, at
a main entrance to Lakeside Mall (Macy’s, Sears,
Lord & Taylor, JC Penney), which is a traffic
controlled intersection. This high profile 40,000 SF
freestanding building, sitting on 5.7 acres, is an
excellent opportunity for junior “boxes” or other
high profile commercial users to locate in the heart
of one of Metro Detroit’s most dominant retail
corridors. “Lakeside” is one of Metro Detroit’s
largest and highest volume regional malls (1.5M SF,
$400/SF, 2007). The site is literally in the center of an
elongated 4-mile retail trade zone that runs from M53 to the west and east to the new Partridge Creek
lifestyle center. The site has amazing visibility and
exposure to over 85,300 cars per day! This corner
location also benefits from consumers entering into
the Macy’s/JC Penney side of Lakeside Mall and
Henry Ford medical complex. Please call us to
discuss this unique and advantageous opportunity
today!
Avg. HH Income:
Daytime Pop:
1 Mile
3 Mile
5 Mile
7 Mile
11,760
102,758
238,302
433,341
$59,227
$72,573
$75,214
$74,174
12,631
44,627
103,467
169,716
LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no
guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the
current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.
LOCATION MAP
0 mi
0.5
1
1.5
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2
FULL PROFILE
2000-2010 Census, 2015 Estimates with 2020 Projections
Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 42.6262/-82.9836
RF1
14455 Lakeside Cir
1 mi radius
3 mi radius
5 mi radius
7 mi radius
102,340
104,147
102,631
96,830
0.4%
0.4%
241,782
247,363
243,330
214,642
0.5%
0.8%
435,819
445,201
436,345
393,592
0.4%
0.7%
HOUSEHOLDS
2015 Estimated Households
2020 Projected Households
2010 Census Households
2000 Census Households
Projected Annual Growth 2015 to 2020
Historical Annual Growth 2000 to 2015
5,950
6,166
5,580
4,373
0.7%
2.4%
44,441
45,974
42,455
37,817
0.7%
1.2%
98,914
102,915
94,941
81,961
0.8%
1.4%
176,809
183,633
168,929
150,289
0.8%
1.2%
2015 Est. Population Under 10 Years
2015 Est. Population 10 to 19 Years
2015 Est. Population 20 to 29 Years
2015 Est. Population 30 to 44 Years
2015 Est. Population 45 to 59 Years
2015 Est. Population 60 to 74 Years
2015 Est. Population 75 Years or Over
2015 Est. Median Age
8.3%
10.1%
14.8%
17.4%
18.3%
15.1%
16.0%
43.7
9.8%
12.1%
12.9%
17.7%
22.8%
16.3%
8.4%
42.4
10.9%
12.7%
12.4%
18.6%
22.4%
15.7%
7.2%
41.2
11.2%
12.8%
12.5%
18.6%
22.3%
15.8%
6.8%
40.7
2015 Est. Male Population
2015 Est. Female Population
43.6%
56.4%
47.7%
52.3%
48.6%
51.4%
48.7%
51.3%
2015 Est. Never Married
2015 Est. Now Married
2015 Est. Separated or Divorced
2015 Est. Widowed
33.1%
39.8%
14.8%
12.3%
29.8%
49.8%
12.9%
7.4%
29.0%
52.4%
12.2%
6.5%
29.2%
51.6%
12.6%
6.6%
1.5%
3.3%
11.5%
13.2%
16.7%
13.4%
13.1%
13.5%
13.8%
$57,214
$43,941
$29,247
2.7%
4.9%
14.5%
14.3%
20.5%
14.1%
10.4%
10.1%
8.6%
$70,682
$58,776
$30,725
3.2%
5.7%
16.9%
14.0%
19.9%
13.6%
9.8%
8.6%
8.3%
$75,674
$63,922
$31,073
3.0%
5.5%
15.8%
14.1%
19.2%
13.8%
10.0%
8.8%
9.7%
$73,479
$62,172
$29,890
829
12,454
4,461
45,859
9,369
106,773
16,744
174,472
INCOME
2015 Est. HH Income $200,000 or More
2015 Est. HH Income $150,000 to $199,999
2015 Est. HH Income $100,000 to $149,999
2015 Est. HH Income $75,000 to $99,999
2015 Est. HH Income $50,000 to $74,999
2015 Est. HH Income $35,000 to $49,999
2015 Est. HH Income $25,000 to $34,999
2015 Est. HH Income $15,000 to $24,999
2015 Est. HH Income Under $15,000
2015 Est. Average Household Income
2015 Est. Median Household Income
2015 Est. Per Capita Income
2015 Est. Total Businesses
2015 Est. Total Employees
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 1 of 3
Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
POPULATION
11,716
11,935
11,553
9,690
0.4%
1.4%
MARITAL STATUS
& GENDER
2015 Estimated Population
2020 Projected Population
2010 Census Population
2000 Census Population
Projected Annual Growth 2015 to 2020
Historical Annual Growth 2000 to 2015
AGE
Sterling Heights, MI 48313
FULL PROFILE
2000-2010 Census, 2015 Estimates with 2020 Projections
Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 42.6262/-82.9836
RF1
14455 Lakeside Cir
1 mi radius
3 mi radius
5 mi radius
7 mi radius
84.0%
8.1%
4.8%
0.2%
2.8%
2015 Est. Hispanic Population
2015 Est. Hispanic Population
2020 Proj. Hispanic Population
2010 Hispanic Population
358
3.1%
4.0%
2.7%
2,827
2.8%
3.6%
2.4%
6,539
2.7%
3.6%
2.4%
11,997
2.8%
3.6%
2.4%
2015 Est. Adult Population (25 Years or Over)
2015 Est. Elementary (Grade Level 0 to 8)
2015 Est. Some High School (Grade Level 9 to 11)
2015 Est. High School Graduate
2015 Est. Some College
2015 Est. Associate Degree Only
2015 Est. Bachelor Degree Only
2015 Est. Graduate Degree
10,374
7.7%
12.5%
26.8%
21.8%
6.9%
12.3%
11.9%
87,216
6.6%
9.8%
24.5%
21.1%
8.6%
13.9%
15.5%
202,343
6.3%
9.7%
23.3%
20.1%
8.6%
14.9%
17.2%
366,016
6.7%
10.6%
23.0%
19.6%
8.3%
14.6%
17.1%
2015 Est. Total Housing Units
2015 Est. Owner-Occupied
2015 Est. Renter-Occupied
2015 Est. Vacant Housing
6,123
44.5%
52.7%
2.8%
45,694
72.3%
25.0%
2.7%
102,245
75.0%
21.7%
3.3%
182,713
74.2%
22.5%
3.2%
2010 Homes Built 2005 or later
2010 Homes Built 2000 to 2004
2010 Homes Built 1990 to 1999
2010 Homes Built 1980 to 1989
2010 Homes Built 1970 to 1979
2010 Homes Built 1960 to 1969
2010 Homes Built 1950 to 1959
2010 Homes Built Before 1949
8.8%
10.3%
22.8%
26.5%
14.2%
5.7%
4.8%
6.9%
4.4%
9.1%
18.3%
22.2%
20.8%
8.3%
8.9%
8.0%
5.2%
11.4%
20.1%
16.7%
19.1%
11.0%
8.4%
8.1%
4.7%
10.0%
17.9%
13.9%
19.6%
14.1%
10.3%
9.5%
2010 Home Value $1,000,000 or More
2010 Home Value $500,000 to $999,999
2010 Home Value $400,000 to $499,999
2010 Home Value $300,000 to $399,999
2010 Home Value $200,000 to $299,999
2010 Home Value $150,000 to $199,999
2010 Home Value $100,000 to $149,999
2010 Home Value $50,000 to $99,999
2010 Home Value $25,000 to $49,999
2010 Home Value Under $25,000
2010 Median Home Value
2010 Median Rent
0.3%
0.9%
1.0%
7.3%
18.4%
21.9%
24.7%
18.8%
3.5%
3.2%
$152,444
$653
0.5%
1.3%
1.4%
5.7%
19.9%
24.2%
19.3%
15.6%
5.5%
6.8%
$153,924
$663
0.5%
1.5%
1.7%
7.0%
21.2%
22.1%
18.1%
15.5%
5.3%
7.1%
$159,508
$711
0.5%
1.5%
1.7%
6.5%
20.1%
21.9%
19.1%
16.8%
5.4%
6.6%
$156,118
$697
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 2 of 3
Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
RACE
86.7%
6.5%
4.0%
0.2%
2.6%
HOUSING
HISPANIC
88.4%
5.6%
3.3%
0.2%
2.5%
HOMES BUILT BY YEAR
2015 Est. White
2015 Est. Black
2015 Est. Asian or Pacific Islander
2015 Est. American Indian or Alaska Native
2015 Est. Other Races
EDUCATION
(Adults 25 or Older)
83.0%
9.2%
4.6%
0.3%
2.9%
HOME VALUES
Sterling Heights, MI 48313
FULL PROFILE
2000-2010 Census, 2015 Estimates with 2020 Projections
Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 42.6262/-82.9836
RF1
14455 Lakeside Cir
3 mi radius
5 mi radius
7 mi radius
LABOR FORCE
10,014
55.3%
3.8%
40.9%
42.3%
57.7%
84,911
60.8%
3.7%
0.1%
35.4%
46.9%
53.1%
196,657
60.9%
3.6%
35.5%
47.9%
52.1%
353,137
60.2%
4.0%
0.1%
35.7%
48.0%
52.0%
OCCUPATION
2010 Occupation: Population Age 16 Years or Over
2010 Mgmt, Business, & Financial Operations
2010 Professional, Related
2010 Service
2010 Sales, Office
2010 Farming, Fishing, Forestry
2010 Construction, Extraction, Maintenance
2010 Production, Transport, Material Moving
2010 White Collar Workers
2010 Blue Collar Workers
4,986
14.0%
24.1%
18.8%
27.6%
0.1%
3.9%
11.6%
65.6%
34.4%
47,382
14.2%
21.8%
18.3%
27.9%
0.2%
5.8%
11.8%
63.9%
36.1%
110,142
15.0%
22.1%
17.0%
27.9%
0.2%
6.1%
11.7%
65.1%
34.9%
195,632
14.6%
22.1%
17.0%
27.4%
0.2%
6.3%
12.3%
64.2%
35.8%
2010 Drive to Work Alone
2010 Drive to Work in Carpool
2010 Travel to Work by Public Transportation
2010 Drive to Work on Motorcycle
2010 Walk or Bicycle to Work
2010 Other Means
2010 Work at Home
90.0%
6.1%
0.4%
1.5%
0.4%
1.6%
88.4%
6.9%
0.5%
1.3%
0.4%
2.5%
88.5%
7.0%
0.5%
1.1%
0.4%
2.5%
88.0%
7.3%
0.7%
1.1%
0.4%
2.6%
TRAVEL TIME
2010 Travel to Work in 14 Minutes or Less
2010 Travel to Work in 15 to 29 Minutes
2010 Travel to Work in 30 to 59 Minutes
2010 Travel to Work in 60 Minutes or More
2010 Average Travel Time to Work
26.0%
34.1%
33.0%
6.8%
23.4
23.8%
35.0%
33.5%
7.7%
24.2
21.2%
35.8%
35.2%
7.7%
25.1
21.2%
37.1%
34.4%
7.2%
24.7
CONSUMER EXPENDITURE
2015 Est. Total Household Expenditure
2015 Est. Apparel
2015 Est. Contributions, Gifts
2015 Est. Education, Reading
2015 Est. Entertainment
2015 Est. Food, Beverages, Tobacco
2015 Est. Furnishings, Equipment
2015 Est. Health Care, Insurance
2015 Est. Household Operations, Shelter, Utilities
2015 Est. Miscellaneous Expenses
2015 Est. Personal Care
2015 Est. Transportation
$285 M
$9.80 M
$18.1 M
$10.4 M
$15.7 M
$44.4 M
$9.49 M
$25.9 M
$88.7 M
$4.36 M
$3.70 M
$54.1 M
$2.46 B
$85.1 M
$162 M
$91.7 M
$137 M
$378 M
$84.0 M
$218 M
$761 M
$36.7 M
$31.9 M
$470 M
$5.73 B
$199 M
$385 M
$219 M
$322 M
$877 M
$198 M
$502 M
$1.77 B
$84.9 M
$74.3 M
$1.09 B
$10.0 B
$349 M
$671 M
$382 M
$562 M
$1.54 B
$345 M
$881 M
$3.11 B
$149 M
$130 M
$1.92 B
TRANSPORTATION
TO WORK
2015 Est. Labor Population Age 16 Years or Over
2015 Est. Civilian Employed
2015 Est. Civilian Unemployed
2015 Est. in Armed Forces
2015 Est. not in Labor Force
2015 Labor Force Males
2015 Labor Force Females
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 3 of 3
Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
1 mi radius
Sterling Heights, MI 48313

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