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Prime Oakland County Site For Sale Approximately 73.1 +/- Acres
Adaptive Reuse-Redevelopment Opportunity / Former Regional Mall Exclusively Offered by CORE Partners
Information contained herein was obtained from sources deemed to be reliable, but is not guaranteed. Subject to prior sale, change of price or withdrawal.
30100 Telegraph Road Suite 366 Bingham Farms, MI 48025 248 399 9999 • corepartners.net
Exclusive Sales Agent: Eric D. Banks Executive Principal, Partner Direct: 248 760 2525 Email: [email protected]
§ Approximately 73.1 Acres § Total building area: 1,100,000 SF § Adaptive reuse for Corporate Headquarters § Buildings core and shell may be repurposed § Land and buildings are divisible for
redevelopment § Zoned: C4 Extensive Business District; Mixed
uses include: multi-family residential, senior living, industrial, high tech, retail, office and call center
§ Year Built / Renovated: 1962 / 1991 § Possible tax abatement and significant tax
incentives available for redevelopment of the site § Last tenant vacated: December, 2014 § Stores and services: 200 at peak § Anchor tenants: 6 § Strong demographics and traffic counts § Heavy power and infrastructure in place
§ Located in the center of prosperous Oakland County with strong neighboring communities such as Bloomfield Hills, West Bloomfield, City of Pontiac, Village of Clarkston & Keego Harbor/Sylvan Lake
§ Excellent visibility; conveniently located on the NWC of N. Telegraph Road and Elizabeth Lake Road
§ Good access to major thoroughfares of I-75, M-59, Dixie Hwy., Telegraph Road and Woodward Avenue
FOR SALE Prime Oakland County Site 73.1 +/- Acres Exclusively Offered by CORE Partners
MunicipalCampus
Bloomfield Town Square Shopping Center (Power Center)
And Many More!
Oakland Pointe Shopping Center (Power Center)
And Many More!
Adams Marketplace
(Power Center)
And Many More!
Summit Crossing Shopping Center (Power Center)
And Many More!
Subject Property: Summit Place Mall Shopping Center
327 N. Telegraph Road Waterford, MI 48328
(Former Super Regional Mall)
A 2,000,000+ SF Industrial Tech
Center
OaklandCountyInterna0onalAirport
MallDrE
ElizabethLakeRd
TelegraphRd
LakelandPlace
DonelsonHillsElementary
SummitDr
Subject Property: Summit Place Mall
327 N. Telegraph Rd. Waterford, MI 48328
FOR SALE Prime Oakland County Site 73.1 +/- Acres Exclusively Offered by CORE Partners
FOR SALE Prime Oakland County Site 73.1 +/- Acres Exclusively Offered by CORE Partners
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FOR SALE Prime Oakland County Site 73.1 +/- Acres Exclusively Offered by CORE Partners
ZONING: Existing zoning C-4 Extensive Business District permits an extremely wide range of uses including retail, commercial service, restaurants, entertainment, cultural facilities, institutional facilities, religious, recreational, medical, office, conference, convention, hotels, vehicle lease and sale, such as auto sales dealerships. Subject to review and approval by Planned Unit Development (PUD). The Township of Waterford is also wiling to entertain any other rezoning that has a positive economic impact on the community. Some surrounding area business include: Oakland County Government Complex, Oakland County Circuit Courts, Oakland Schools, Sam’s Club, Lunghamer Chevrolet, KIA Motors, Oakland Pointe Shopping Center, St. Joseph Mercy Hospital, Toys “R” Us, Big Lots, Red Lobster, Applebee's and many others making this a vibrant trade area and strong redevelopment opportunity.
DEMOGRAPHICS
STATS POPULATION AVG.INCOME
1MILE 11,604 $57,291
3MILE 79,952 $55,536
5MILE 164,209 $69,853
TRAFFICCOUNTS
ROAD CROSSSTREET DAILYTRAFFIC
NTELEGRAPHRD SofELIZABETHLAKERD 31,594
NTELEGRAPHRD NofELIZABETHLAKERD 30,197
ELIZABETHLAKERD WofNTELEGRAPHRD 18,046
ELIZABETHLAKERD EofNTELEGRAPHRD 16,400
Sears
KIA
Summit Place Mall 327 N. Telegraph Road
13-25-200-030 70.98 / 71 AC
Site Plan Showing Possible Retail Outlots Exclusively Offered by CORE Partners
Conceptual drawing showing possible placement of outlots. Some but not all locations shown are likely.
Exclusively Offered by CORE Partners
For more information contact: Exclusive Sales Agent
ABOUT CORE Partners: CORE Partners is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. CORE Partners brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services. CORE Partners is committed to bringing its clients creative, cutting edge solutions and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity and trust. CORE Partners assists corporate clients, lenders, institutions, property owners, investors and real estate developers in achieving their real estate objectives.
Eric D. Banks Executive Principal, Partner Office: 248 399 9999 x102 Cell: 248 760 2525 Email: [email protected]