Former Comerica Bank Redevelopment

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Former Comerica Bank Redevelopment

Type: Lease

850 N Telegraph Rd Dearborn MI Wayne County

Property Type: Freestanding

Date Available: Q4 2022

Contact Person(s): Gordon S. Hyde
& Matthew D. Swantko

(248) 488-2620

Description:

New  development located on the eastside of Telegraph Road less than ¾ of a mile from Ford Road. The site features excellent frontage with more than 360 feet of frontage along Telegraph Road. The site is located on the “going to work” side of the road. The existing building on the site will be re-developed to create spaces ranging from 1,100- 6,500 +/- SF. An additional building will also be available to the south that will provide small tenant spaces and a drive-thru opportunity.

NNN Expense: $6.00/SF (estimate)

Property Taxes: $24,784.36 (2020)

Building Size: 1,100 – 6,500 SF ±

Lot Size: .996 AC

Lot Dimensions: 360’ x 120.5'

Available Space: 1,430-6,104 SF

Zoning: BA

Gross Leasable Area: 9,212 SF

Traffic Count: Telegraph Rd (48,505 CPD)
Cherry Hill (9,800 CPD)

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 16,530 117,389 317,455
Avg. HH Income: $109,439 $72,559 $66,195

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.