Proposed Retail Development

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Proposed Retail Development

Type: Lease

SEC of Metro Pkwy & Mound Rd Sterling Heights MI Macomb County

Property Type: Shopping Center

Date Available: Immediately

Rent: TBD

Contact Person(s): Louis Ciotti, Kevin Baker, Dan Kukes

(248) 488-2620

Description:

New development project on the southeast corner of Mound Road and Metropolitan Parkway (16 Mile Road). Site is ideal for banks/credit unions, gas/convenience, drug stores, retail strip, fast food, and service use. The site is a development deal out front of the Detroit Free Press lot with access from both Mound Road and 16 Mile Road.

Rates TBD based on size, user, and location on the lot.

Drive-thru opportunities are available.

Lot Size: 3-4 Acres (462' frontage on Mound Rd; 424' frontage on Metro Pkwy)

Available Space: TBD

Zoning: General Retail/Commercial

Traffic Count: Metro Pkwy = 53,900 cpd, Mound Road = 63,200 cpd

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 9,018 101,468 274,977
Avg. HH Income: $74,357 $74,007 $74,506

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.