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STEVE VALLI Vice President [email protected] FRANK RAKIPI Senior Associate [email protected] EXCLUSIVELY LISTED BY: FOUNTAINVIEW PLAZA - FOR SALE 19213 NEWBURGH ROAD, LIVONIA, MI 48152
STEVE VALLIVice Pres identsva l l [email protected]
FRANK RAKIPISenior Assoc ia tef rak ip [email protected]
EXCLUSIVELY LISTED BY:
FOUNTAINVIEW PLAZA - FOR SALE1 9 2 1 3 N E W B U R G H R O A D , L I V O N I A , M I 4 8 1 5 2
E X E C U T I V E S U M M A R Y : Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 2
PROPERTY OVERVIEWFountainview Plaza is a 21,510 square foot retail center located on a major retail corridor on the border of Livonia and
Northville in suburban Detroit. The center was built in 1987 and is one of few neighborhood shopping centers in the area.
The immediate market consists of 76,402 residents within three miles with an average household income of $101,629 within one mile.
PROPERTY HIGHLIGHTS
• Excellent location
• Strong historical occupancy
• First time offered for sale
• Located on a major retail corridor
• Average household income of $101,629 within one mile
OFFERING SUMMARY
Sale Price: $2,600,000
Price / SF: $120.87
APN: 024-99-0087-002
NOI: $210,715
Year Built: 1987
Building Size: 21,510 SF
Zoning: C-2 - GeneralBusiness
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 3
PROPERTY NAME: Fountainview Plaza - Sale
PROPERTY ADDRESS: 19213 Newburgh RoadLivonia, MI 48152
PROPERTY TYPE: Retail
APN: 024-99-0087-002
ZONING: C-2 - General Business
TAXES: $49,685.17
YEAR BUILT: 1987
NUMBER OF STORIES: 1
SURROUNDING BUSINESSES: DFCU Financial, Speedway, Fifth Third Bank, Mission Health Hospital, Brose Lighting, and manynational retailers
LAND LEGAL DESCRIPTION: Available Upon request
TRAFFIC COUNT & STREETS: 24,000 VPD on Newburgh Rd (2Way/ADT/STDB)
BUILDING SIZE: 21,510 SF
NO. OF PARKING SPACES: 122
P R O P E R T Y D E TA I L S : Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 4
PROPERTY NAME: Fountainview Plaza - Sale
PROPERTY ADDRESS: 19213 Newburgh RoadLivonia, MI 48152
PROPERTY TYPE: Retail
APN: 024-99-0087-002
ZONING: C-2 - General Business
TAXES: $49,685
YEAR BUILT: 1987
NUMBER OF STORIES: 1
SURROUNDING BUSINESSES: DFCU Financial, Speedway, Fifth Third Bank, Mission Health Hospital, Brose Lighting, and manynational retailers
LAND LEGAL DESCRIPTION: Available Upon request
TRAFFIC COUNT & STREETS: 24,000 VPD on Newburgh Rd (2Way/ADT/STDB)
BUILDING SIZE: 21,510 SF
NO. OF PARKING SPACES: 122
P R O P E R T Y D E TA I L S : Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 5
Tenant Signage
Newburgh Frontage
Newburgh and 7 Mile Intersection
A D D I T I O N A L P H O T O S : Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 6
T E N A N T L I S T: Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 7
F O U N TA I N V I E W R E T A I L E R M A P : Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 8
L O C AT I O N M A P S : Fountainview Plaza - Sale | Livonia, MI 48152
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 9
* Demographic data derived from 2010 US Census
POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 6,199 76,402 193,056MEDIAN AGE 48.0 43.5 42.5MEDIAN AGE (MALE) 46.7 41.2 40.4MEDIAN AGE (FEMALE) 49.0 45.3 44.2
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 2,417 30,848 79,498# OF PERSONS PER HH 2.6 2.5 2.4AVERAGE HH INCOME $101,629 $92,297 $88,956AVERAGE HOUSE VALUE $252,126 $261,182 $263,562
D E M O G R A P H I C S M A P : Fountainview Plaza - Sale | Livonia, MI 48152
![It's Time Toclubrunner.blob.core.windows.net/00000003775/en-ca/...Sep 30, 2015 · [Meeting will be held in the Fountainview Room] Oct 21, 2015 Jamie Smith, Jefferson County District](https://static.documents.pub/doc/80x56/5f2c1bfd7f0ca935b7617f49/its-time-sep-30-2015-meeting-will-be-held-in-the-fountainview-room-oct.jpg)
