property overview · hewlett-packard enterprise building. the facility is located immediately...

6
Property Overview Vacant Land For Sale / Ground Lease / BTS 93 N Telegraph Rd Waterford Township Focus. Strategy. Results. www.gerdomrealty.com

Upload: others

Post on 31-May-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Property Overview · Hewlett-Packard Enterprise Building. The facility is located immediately across the street from William’s International’s new home and is only 10 minutes

Property OverviewVacant Land For Sale / Ground

Lease / BTS

93 N Telegraph Rd

Waterford Township

Focus. Strategy. Results.

www.gerdomrealty.com

Page 2: Property Overview · Hewlett-Packard Enterprise Building. The facility is located immediately across the street from William’s International’s new home and is only 10 minutes

www.gerdomrealty.com

Waterford Township, Michigan

Gerdom Realty & Investment44725 Grand River Avenue, Suite #102, Novi, MI 48375

Phone: 248.242.6766 Fax: 866.301.9543

Property Summary

Listing Agents: Mike Murphy

Extension 112

[email protected]

Tjader Gerdom

Extension 101

[email protected]

The information contained herein was obtained from sources deemed reliable. While we trust these sources we cannot warrant or guarantee their accuracy.

Property: 93 North Telegraph Road, Waterford Twp., MI 48152

Offering: 0.35 Acres

Asking Rate: Contact Broker

Asking Price: $275,000

Population: 73,972 (3 miles)

Med HH Inc.: $48,564 (3 miles)

Traffic Count: 29,000 v. p. d. on North Telegraph Road

0.35 Acres available For Sale, BTS or Ground Lease! Its strong location among commercial and residential population in close proximity to several new projects make the land great for new development. Currently zoned commercial (Small Business), it is ideal for professional and medical offices, clinics, banks, credit unions, retail establishments, restaurants, day care centers, and many other uses. The subject offers 115 feet of frontage on Telegraph Road, and Telegraph road splits the boarder of Pontiac and Waterford Township. The subject is located in the center of Oakland County with Telegraph Road frontage, a growing location among commercial and residential population and is in close proximity to the Oakland County Court house, Oakland County Sheriff’s Office, Oakland County Health Division, Oakland Schools Conference Center, Oakland County Road Commission, and many new administrative functions.

Page 3: Property Overview · Hewlett-Packard Enterprise Building. The facility is located immediately across the street from William’s International’s new home and is only 10 minutes

www.gerdomrealty.com

Waterford Township, Michigan

• The M1 Concourse - Is the redevelopment of the 87 acres formally home to

General Motors Proving Grounds on Woodward Ave., in Pontiac, and it is

within minutes from the subject property. The M1 Concourse includes a high-

end performance tract and a condo development containing 250 car condos

from 509-2,400 Sq. Ft all of which are sold out at an average price $250,000

per unit. It will be the largest complex of its kind. In short, M1 Concourse will

become the epicenter of all things automotive in metro Detroit and provide

the largest concentration of auto enthusiasts in the world a venue to enjoy

their passion with friends and family.

• The Village At Bloomfield - REDICO is redeveloping an 87 acre site located on

Telegraph just over 2 miles south of the subject property. This Mixed-Use

development is located at the entrance of Pontiac, and will include retail,

office, dinning, grocery, hotel, and multifamily/residential housing.

Construction is set to begin in the fall of 2017, with openings of Menard’s and

many more expected in 2018 and 2019.

• William's International - Announcements have been made, Williams

International will be moving headquarters into the former Pontiac Film

Studio. The project is said to cost upward of $344.5 million and will bring

more than 400 jobs to the community. The adjacent parcels intended to

support a future 800,000 – 1,000,000 Sq. Ft. facility. William’s International’s

new home will be located less than 10 minutes southeast from the subject

property.

• United Shore Mortgage - This fast growing mortgage company is to leave Troy

for Pontiac. The company has purchased and is renovating the 600,000 Sq. Ft.

Hewlett-Packard Enterprise Building. The facility is located immediately

across the street from William’s International’s new home and is only 10

minutes from the subject property. Its 2,100 employees will relocate from

Troy to Pontiac and will include a Starbucks Café, massage rooms, full-length

basketball court, outdoor volleyball, and dance floor.

Recent Developments within 3 Miles of Subject

Page 4: Property Overview · Hewlett-Packard Enterprise Building. The facility is located immediately across the street from William’s International’s new home and is only 10 minutes

www.gerdomrealty.com

Waterford Township, Michigan

Trade Area Aerial

Page 5: Property Overview · Hewlett-Packard Enterprise Building. The facility is located immediately across the street from William’s International’s new home and is only 10 minutes

www.gerdomrealty.com

Waterford Township, Michigan

Page 6: Property Overview · Hewlett-Packard Enterprise Building. The facility is located immediately across the street from William’s International’s new home and is only 10 minutes

www.gerdomrealty.com

Waterford Township, Michigan