FLEX PROPERTY FOR SALE/LEASE
6,727 SF Building Near I-75 withOverhead Door, Fenced Back Lot
345 E 8 MILE RDHAZEL PARK, MI 48030
6,727 SF stand-alone two-story building
Ideal for child care, contractor, or warehouse
Parking for 20+ vehicles
More warehouse space could be added
Zoning permits retail, office, industrial
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
OFFERING SUMMARY
Available SF: 6,727 SF
Building Size: 6,727 SF
Sale Price: $499,000
Price Per SF: $74.18
Lease Rate: Negotiable
Zoning: LB-M
Year Built: 1952
Lot Size: 0.34 Acres
Market: Detroit
Submarket: Royal Oak
Traffic Count: 60,000
PROPERTY OVERVIEWGreat value of 6,727 SF on main Detroit thoroughfare with numerous options forwarehouse, retail, or office uses. Less than a quarter-mile from I-75 exit. Privatepaved fenced-in area (83’ wide x 48’ deep) behind the building that could havedrive-thru access. The warehouse section, which could be expanded, has a 12-footoverhead door and 18-foot clear height. Floor drain and 220 outlets in the loadingarea. Currently configured with multiple office spaces and seven restrooms. Thesecond-floor executive office features a fireplace, wet bar, sink, and private restroom.Plenty of parking in front and rear. Lease rate is negotiable. Also possible to leaseeither the first floor (3,654 SF) or second floor (3,073 SF).
LOCATION OVERVIEWThis flex building is centrally located within metro Detroit on East 8 Mile Road justwest of I-75 and just east of Woodward. Located just down the street from AmazonDistribution Center at the former State Fairgrounds Site. Great visibility with trafficcounts surpassing 60,000 vehicles per day. Easy access to the expressway forreaching the city or northern suburbs. Minutes from I-696 for east-west travel.
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // EXECUTIVE SUMMARY
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
PROPERTY TYPE: Industrial/Office
LEASE RATE: Negotiable
AVAILABLE SPACE: 6,727 SF
SHOP SF: 627 SF
OFFICE SF: 6,100 SF
ZONING: LB-M
LOT SIZE: 0.34 AC
CLEAR HEIGHT: 18' Shop | 8' Office
GRADE LEVEL DOORS: One (1) 12 x 12'
FLOOR DRAINS: Yes
HEAT: Yes
AIR CONDITIONED: Yes
PARKING SPACES: 20+
YEAR BUILT / RENOVATED: 1952 / 2009
CONSTRUCTION TYPE: Masonry
FENCED YARD: Yes
TRUCKWELLS: No
TRAILER PARKING: Yes
FLOOR DRAINS: Yes
BUSS DUCT: No
AIRLINES: No
TAXES: $7,996.66
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // INDUSTRIAL DETAILS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // ADDITIONAL PHOTOS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F LEX PROPERTY FOR SALE/LEASE
345 E 8 MILE RD, HAZEL PARK, MI // ADDITIONAL PHOTOS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
SECOND FLOOR PLAN2
FIRST FLOOR PLAN1
I N D U S T R I A L P R O P E R T Y F O R L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // FLOOR PLANS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // PERMITTED USES
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // ADDITIONAL PHOTOS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // ADDITIONAL PHOTOS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // ADDITIONAL PHOTOS
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // AERIAL MAP
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // LOCATION MAP
KEVIN BULL Associate
FOR MORE INFORMATION CONTACT:
[email protected] (P) 248.358.5361 (C) 248.895.997226555 Evergreen Road, Suite 1500 • Southfield, MI 48076
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
POPULATION 1 MILE 2 MILES 3 MILES
Total Population 17,568 63,386 138,826
Average age 33.1 35.5 36.9
Average age (Male) 32.7 34.2 35.4
Average age (Female) 33.5 36.4 37.7
HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES
Total households 6,527 25,047 56,169
# of persons per HH 2.7 2.5 2.5
Average HH income $35,559 $41,410 $46,647
Average house value $94,852 $97,313 $111,818
* Demographic data derived from 2010 US Census
F L E X P R O P E R T Y F O R S A L E / L E A S E
345 E 8 MILE RD, HAZEL PARK, MI // DEMOGRAPHICS MAP & REPORT