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Single Tenant

Outparcel 29555 Orchard Lake Rd

29555 Orchard Lake Rd, Farmington Hills, MI 48334

Listing Price: $595,000

Lot Size
0.87 acres
Price/Acre
$683,912
Land Type
Land
Buildable Square Feet
2,200

Investment Overview

Marcus & Millichap is please to present this Outparcel development opportunity. Sale or ground lease opportunities. Land site is 0.87 acres and is located in front of the busy Gordon Food Service Grocery Anchored Retail Center. Access & Frontage on both Orchard Lake Rd and 13 Mile Rd. Exceptional demographics. Traffic counts exceed 56,000 vehicles per day. Zoning is B3/B2. Site is ready for development. Excellent demographics with over 65,000 people within a 3-mile radius that have Average Household Incomes at $117,540.

Maximum building size without variances for a drive-thru retail type of property is 1,640 Square Feet. Maximum building size without variance for retail without drive-thru is 2,200 Square Feet.

Location: Orchard Lake Road and 13 Mile Rd is located just north of I-696. There are multiple retail and medical properties along the Orchard Lake corridor including Kohl's, Walgreens, Staples, Bed Bath and Beyond, Office Max, PNC Bank and numerous medical buildings. Just across Orchard Lake Road - Glenn Oaks Country Club is an 18-hole 122 acres golf course with a 1920 historic English-style stone clubhouse and banquet center facility. Farmington Hills with its many amenities has excellent access to freeways and arterial roads that include I-969, I-275 an the M-5 corridor to name a few.

Investment Highlights

  • Busy Signalized Hard-Corner Location
  • Traffic Counts Exceed 56,000 VPD
  • Average Household Income $117,540 in 3-mile Radius; Over 65,000 People
  • Excellent Ingress & Egress on both 13 Mile Rd and Orchard Lake Rd.
  • Orchard Lake Road is a main Retail corridor

Exclusively Listed By

  • Dan Danielak

    First Vice President Investments

    (310) 909-5500

    Email Dan

    License(s): MI: 6506037292, CA: 01988967

    West Los Angeles

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Single Tenant

Outparcel 29555 Orchard Lake Rd

Listing Price: $595,000

Lot Size
0.87 acres
Price/Acre
$683,912
Land Type
Land
Buildable Square Feet
2,200

Investment Highlights

  • Busy Signalized Hard-Corner Location
  • Traffic Counts Exceed 56,000 VPD
  • Average Household Income $117,540 in 3-mile Radius; Over 65,000 People
  • Excellent Ingress & Egress on both 13 Mile Rd and Orchard Lake Rd.
  • Orchard Lake Road is a main Retail corridor

Investment Overview

Marcus & Millichap is please to present this Outparcel development opportunity. Sale or ground lease opportunities. Land site is 0.87 acres and is located in front of the busy Gordon Food Service Grocery Anchored Retail Center. Access & Frontage on both Orchard Lake Rd and 13 Mile Rd. Exceptional demographics. Traffic counts exceed 56,000 vehicles per day. Zoning is B3/B2. Site is ready for development. Excellent demographics with over 65,000 people within a 3-mile radius that have Average Household Incomes at $117,540.

Maximum building size without variances for a drive-thru retail type of property is 1,640 Square Feet. Maximum building size without variance for retail without drive-thru is 2,200 Square Feet.

Location: Orchard Lake Road and 13 Mile Rd is located just north of I-696. There are multiple retail and medical properties along the Orchard Lake corridor including Kohl's, Walgreens, Staples, Bed Bath and Beyond, Office Max, PNC Bank and numerous medical buildings. Just across Orchard Lake Road - Glenn Oaks Country Club is an 18-hole 122 acres golf course with a 1920 historic English-style stone clubhouse and banquet center facility. Farmington Hills with its many amenities has excellent access to freeways and arterial roads that include I-969, I-275 an the M-5 corridor to name a few.

Exclusively Listed By

  • Dan Danielak

    First Vice President Investments

    (310) 909-5500

    Email Dan

    License(s): MI: 6506037292, CA: 01988967

    West Los Angeles

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

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