attractive loft space available in downtown northville...matthew j. schiffman senior associate for...

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OFFICE PROPERTY FOR LEASE Attractive Loft Space Available in Downtown Northville 115 NORTH CENTER STREET NORTHVILLE, MI 48167 Convenient, accessible entrances Cooperative marketing effort via the Downtown Development Authority Beautiful historic building with exposed brick Abundant natural light

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Page 1: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

OFFICE PROPERTY FOR LEASE

Attractive Loft Space Availablein Downtown Northville115 NORTH CENTER STREETNORTHVILLE, MI 48167

Convenient, accessible entrances

Cooperative marketing effort via the Downtown

Development Authority

Beautiful historic building with exposed brick

Abundant natural light

Page 2: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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: 1,217 SF

Building Size: 13,600 SF

Lease Rate: $19.00 SF/yr (Gross)

Zoning: CBD

Year Built: 1940

Lot Size: 0.2 Acres

Market: Detroit

Submarket: Southern I-275 Corridor

Traffic Count: 8,093

PROPERTY OVERVIEWThis charming historical building features 1,217 SF of loft space that is ideally suitedfor a variety of office uses. The building can be entered from Center Street side orfrom the rear where there is more than ample parking, including 5 reserved spacesfor the building.

LOCATION OVERVIEWNewly updated offices in a historic building in the heart of downtown Northville.Conveniently located a 1/2 block north of Main & Center Streets.

PROPERTY HIGHLIGHTS

• Convenient, accessible entrances

• Cooperative marketing effort via the Downtown Development Authority

• Beautiful historic building with exposed brick

• Abundant natural light

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // EXECUTIVE SUMMARY

Page 3: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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

LOCATION INFORMATION

Building Name The Veranda Center

Street Address 115 North Center Street

City, State, Zip Northville, MI 48167

County Wayne

Market Detroit

Sub-market Southern I-275 Corridor

Cross-Streets E Main Street and Center Street

Side of the Street West

Signal Intersection Yes

Road Type Paved

Market Type Medium

Nearest Highway I-275

Nearest Airport DTW

BUILDING INFORMATION

Building Class B

Tenancy Multiple

Number of Floors 2

Average Floor Size 1,217 SF

Year Built 1940

Construction Status Existing

Free Standing No

Number of Buildings 1

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // COMPLETE HIGHLIGHTS

Page 4: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // FLOOR PLANS

Page 5: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // ADDITIONAL PHOTOS

Page 6: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // ADDITIONAL PHOTOS

Page 7: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // LOCATION MAPS

Page 8: Attractive Loft Space Available in Downtown Northville...MATTHEW J. SCHIFFMAN Senior Associate FOR MORE INFORMATION CONTACT: matt@pacommercial.com (P) 248.281.9907 (C) 248.943.6449

MATTHEW J. SCHIFFMAN Senior Associate

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.281.9907 (C) 248.943.644926555 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 3 MILES 5 MILES

Total Population 8,060 55,590 140,600

Median age 44.2 41.5 41.3

Median age (Male) 41.3 39.8 39.7

Median age (Female) 46.1 43.0 42.7

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,454 21,604 54,839

# of persons per HH 2.3 2.6 2.6

Average HH income $110,719 $121,647 $111,905

Average house value $343,617 $362,335 $319,159

* Demographic data derived from 2010 US Census

O F F I C E P R O P E R T Y F O R L E A S E

THE VERANDA CENTER115 NORTH CENTER STREET, NORTHVILLE, MI // DEMOGRAPHICS MAP & REPORT