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MILAN PLAZA MILAN, MI SIZE SIZE 61,357 square feet MAJOR TENANT(S) MAJOR TENANT(S) Kroger Ace Hardware DEMOGRAPHIC DEMOGRAPHICS LEA LEASING CONT SING CONTACT CT Scott Faloni Scott Faloni Mobile (410) 693-3248 [email protected] MORE INFO MORE INFO www.phillipsedison.com LOC OCATION TION 531 W. Main Street | Milan, MI 48160 PR PROPER OPERTY HIGHLIGHTS TY HIGHLIGHTS Anchored by Kroger, the number one grocer by market share in the Ann Arbor area Additional national and regional tenants include Edward Jones, Fiesta Salon and Ace Hardware Located in Milan, which is 16 miles south of Ann Arbor, with an average household income greater than $80,100 in a three-mile radius The center is located at the intersection of Main Street and Platt Road which runs parallel and has great visibility and access from Highway 23, a primary thoroughfare Population Population 4,291 4,291 9,464 9,464 15,710 15,710 Households Households 1,716 1,716 3,098 3,098 5,205 5,205 Median HH Income ($) Median HH Income ($) 66,208 66,208 68,524 68,524 75,578 75,578 1 mile 1 mile 3 mile 3 mile 5 mile 5 mile

MILAN PLAZA MILAN, MI - Phillips Edison & Company...Sep 13, 2019  · MILAN PLAZA 531 W. Main Street | Milan, MI 48160 SITE LEGEND Available Occupied Leased (not occupied) Owned by

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Page 1: MILAN PLAZA MILAN, MI - Phillips Edison & Company...Sep 13, 2019  · MILAN PLAZA 531 W. Main Street | Milan, MI 48160 SITE LEGEND Available Occupied Leased (not occupied) Owned by

MILAN PLAZA MILAN, M I

S I Z ES I Z E

61,357 square feet

M A J O R T E N A N T ( S )M A J O R T E N A N T ( S )

KrogerAce Hardware

D E M O G R A P H I CD E M O G R A P H I C SS

L E AL E A S I N G C O N TS I N G C O N TAAC TC T

Scott FaloniScott Faloni

Mobile (410) 693-3248

[email protected]

M O R E I N F OM O R E I N F O

www.phillipsedison.com

LLO CO C AAT I O NT I O N

531 W. Main Street | Milan, MI 48160

P RP RO P E RO P E RT Y H I G H L I G H T ST Y H I G H L I G H T S

• Anchored by Kroger, the number one grocer by market share in

the Ann Arbor area

• Additional national and regional tenants include Edward Jones,

Fiesta Salon and Ace Hardware

• Located in Milan, which is 16 miles south of Ann Arbor, with an

average household income greater than $80,100 in a three-mile

radius

• The center is located at the intersection of Main Street and Platt

Road which runs parallel and has great visibility and access from

Highway 23, a primary thoroughfare

PopulationPopulation

4,2914,291 9,4649,464 15,71015,710

HouseholdsHouseholds

1,7161,716 3,0983,098 5,2055,205

Median HH Income ($)Median HH Income ($)

66,20866,208 68,52468,524 75,57875,578

1 mile1 mile 3 mile3 mile 5 mile5 mile

Page 2: MILAN PLAZA MILAN, MI - Phillips Edison & Company...Sep 13, 2019  · MILAN PLAZA 531 W. Main Street | Milan, MI 48160 SITE LEGEND Available Occupied Leased (not occupied) Owned by

DISCLAIMER - This site plan is for general information purposes only and is not intended to constitute representations and

warranties by Landlord as to the ownership of the real property depicted herein or the identity or nature of any occupants thereof.

MILAN PLAZA 531 W. Main Street | Milan, MI 48160

SITE LEGEND

Available Occupied

Leased (not occupied) Owned by Others

Site Boundary

SPACESPACE TENANTTENANT SQ. FT.SQ. FT.

FUEL Kroger Fuel

SHAD1 Milan Dental Clinic

SHAD2 Milan Area Animal Hospital

1 Kroger 41,066 SF

2A Smoke & Stuff 1,600 SF

2B Rose's Nail & Spa 1,600 SF

3 Little Caesars Pizza 1,570 SF

5 Pet Valu 4,005 SF

6 Fiesta Salons 1,370 SF

8 Ace Hardware 10,146 SF

TOTAL SQ. FT.TOTAL SQ. FT. 61,357

Page 3: MILAN PLAZA MILAN, MI - Phillips Edison & Company...Sep 13, 2019  · MILAN PLAZA 531 W. Main Street | Milan, MI 48160 SITE LEGEND Available Occupied Leased (not occupied) Owned by

MILAN PLAZA 531 W. Main Street | Milan, MI 48160

Page 4: MILAN PLAZA MILAN, MI - Phillips Edison & Company...Sep 13, 2019  · MILAN PLAZA 531 W. Main Street | Milan, MI 48160 SITE LEGEND Available Occupied Leased (not occupied) Owned by

MILAN PLAZA 531 W. Main Street | Milan, MI 48160

Page 5: MILAN PLAZA MILAN, MI - Phillips Edison & Company...Sep 13, 2019  · MILAN PLAZA 531 W. Main Street | Milan, MI 48160 SITE LEGEND Available Occupied Leased (not occupied) Owned by

Demographic Summary - PopStats1990 - 2000 - 2010 Census, Q4 2018 Estimates & Q2 2023 ProjectionsCalculated using TAS Retrieval

Sep 13, 2019 Latitude: 42.088931 Longitude: -83.697702

© 2019, Trade Area Systems 1 of 1 Demographic Source: Synergos Technologies, Inc

This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.

63.7684.2462.4851.24

25.7822.4522.0620.70

37,8064,1643,3201,717

1,46618515083

17.95%12.02%8.48%9.32%

23.45%18.33%15.11%17.98%

9.60%10.14%10.16%10.00%

22.25%26.02%28.78%27.98%

20.86%27.56%32.02%30.25%

4.02%4.01%3.94%3.43%

1.88%1.92%1.51%1.02%

$36,260$32,852$28,876$30,719

$76,260$74,756$67,934$65,879

$98,183$93,856$79,497$76,755

3.63%3.10%3.09%2.79%

4.06%5.10%6.05%4.57%

4.42%1.30%0.96%0.91%

10.13%6.51%8.51%1.78%

77.77%83.99%81.39%89.96%

2.682.712.582.50

0.74%0.32%0.19%0.21%

1.54%1.05%0.88%0.84%

2.94%1.79%1.72%2.08%

19,1333,5612,2011,183

25,5644,2552,6091,454

35,3385,2563,1031,718

34,0645,1723,0741,700

39.7840.2638.5837.25

0.70%0.31%0.15%0.20%

1.38%1.01%0.72%0.91%

2.73%1.39%1.23%1.70%

55,20711,2757,2753,033

72,28912,9478,2203,589

96,81115,8669,4734,293

93,49015,6239,4014,250

Residential Population per Business

Employees per Business

Total Number of Employees

Number of Businesses

Graduate Degree

Bachelors Degree Only

Associates Degree Only

Some College

High School Graduate

Some High School

Elementary

Per Capita Income

Median Household Income

Average Household Income

Other Races

Hispanic or Latino Population

Asian & Pacific Islander

Black or African American

White

Population per Household

Projected Annual Growth 2018 to 2023

Estimated Annual Growth 2000 to 2018

Historical Annual Growth 1990 to 2000

1990 Census Households

2000 Census Households

2023 Projected Households

Current Estimated Households

Median Age

Projected Annual Growth 2018 to 2023

Estimated Annual Growth 2000 to 2018

Historical Annual Growth 1990 to 2000

1990 Census Population

2000 Census Population

2023 Projected Population

Current Estimated Population

Bu

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(Ag

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co

me

Po

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by R

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Ho

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10 Mile Radius

5 Mile Radius3 Mile Radius1 Mile RadiusMilan Plaza Milan, MI