sale brochure - new...vehicles/day on i-75 (costar, 2016) zoning ob lot size 3.44 acres apn#...
TRANSCRIPT
ANDREW BATTERSBYAssociateabat [email protected]
EXCLUSIVELY LISTED BY:
30755 MONTPELIER - STATE OF MICHIGAN - FOR SALE3 0 7 5 5 M O N T P E L I E R , M A D I S O N H E I G H T S , M I 4 8 0 7 1
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 2
OFFERING SUMMARY
Sale Price: $3,425,000
Lot Size: 3.44 Acres
APN: 25-11-201-037
Year Built: 1990
Building Size: 26,595
Zoning: OB
Price / SF: $128.78
Utilities: City water and sanitary
sewer
Location Description: Located on the west
side of Montpelier St,
south of 13 Mile Rd at
the I-75 exit
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
Total Households: 4,675 51,951 140,599
Total Population: 10,772 115,654 327,282
Average HH Income: $58,620 $63,242 $67,530
PROPERTY HIGHLIGHTS
• Leased through 2031; 13 years remaining
• 16% increase in rent in 2022
• 12% increase again in 2027
• A+ location with freeway access
• Zero deferred maintenance
• Copy of lease available with CA
E X E C U T I V E S U M M A R Y : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 3
SALE PRICE $3,425,000
LOCATION INFORMATION
Building Name 30755 Montpelier - State of Michigan
Street Address 30755 Montpelier
City, State, Zip Madison Heights, MI 48071
County/Township South East Oakland
BUILDING INFORMATION
Building Size 26,595 SF
Price / SF $128.78
Year Built 1990
Number Of Floors 1
PROPERTY DETAILS
Property Type Office
Traffic Count 27,380 Vehicles/Day on 13 Mile; 160,290
Vehicles/Day on I-75 (Costar, 2016)
Zoning OB
Lot Size 3.44 Acres
APN# 25-11-201-037
2017 Winter Tax $14,106.77
2017 Summer Tax $57,008.28
PARKING & TRANSPORTATION
Number Of Spaces 200
UTILITIES & AMENITIES
Utilities Description City water and sanitary sewer
P R O P E R T Y D E TA I L S : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 4
P R O F I T / L O S S : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 5
I N C O M E P R O J E C T I O N : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 6
R E TA I L E R M A P : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 7
L O C AT I O N M A P S : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 8
POPULATION 1 MILE 3 MILES 5 MILES
Total population 10,772 115,654 327,282
Median age 41.2 39.2 39.1
Median age (male) 39.3 37.8 37.9
Median age (Female) 45.2 41.4 40.7
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 4,675 51,951 140,599
# of persons per HH 2.3 2.2 2.3
Average HH income $58,620 $63,242 $67,530
Average house value $152,685 $173,273 $188,084
* Demographic data derived from 2010 US Census
D E M O G R A P H I C S M A P : 30755 Montpelier - State Of Michigan | Madison Heights, MI 48071