INDEPENDENCE MARKETPLACE

Transcription

1 INDEPENDENCE MARKETPLACE ALLEN PARK, MICHIGAN Presented By: Christopher Brochert Andrew Luckoff

2 Independence Marketplace ALLEN PARK, MICHIGAN KEY FACTS Independence Marketplace is located at Southfield Freeway (M-39) and Outer Drive in Allen Park. The Center has direct access to/from Southfield Freeway with building signage and pylons visible from the highway. Outer Drive is also a notably traveled road with traffic shared between Independence Marketplace and it s neighbor to the north, Fairlane Green. The Center is anchored by Lowe s, Jo-Ann Fabric, Guitar Center, Petco, DSW, Party City, and Staples while Fairlane Green is home to TJ Maxx, Target, Michael s, Gap, Barnes & Noble, and Bed, Bath & Beyond. Independence Marketplace has superior visibility and accessibility from both Southfield Freeway and Outer Drive, while Fairlane Green is located on the hill. If you want to be downriver, you want to be at Independence Marketplace. DEMOGRAPHICS 2016 LOCATION Southfield Fwy. (M-39) & Outer Dr. Allen Park, MI AVAILABILITY 100% Leased MAJOR TENANTS Lowes, Staples, Guitar Center, Jo-Ann, Party City, DSW & Petco TRAFFIC COUNTS Freeway (I-94): 142,300 VPD- Btw. Telegraph Rd & Southfield Fwy Southfield Freeway: 94,000 VPD- N. of Outer Drive 59,700 VPD- Btw. I-94 & I-75 Radius Average Income Population Household Persons 3 Mile $59, , Mile $55, , Mile $52, ,

3 Independence Marketplace A L L E N P A R K, M I C H I G A N LOCATION: A L L E N PA R K P O S I T I O N I N G A N D T R A F F I C N. of Outer Dr. 94,000 VPD (2014) Southfield Fwy & I-94 54,500 VPD (2014) M E T RO D E T RO I T LO C AT I O N The down river community of Allen Park is well established and densely populated with over 320,000 residents in the five miles surrounding the Center. In addtion to jam-packed rooftops, the daytime population in Allen Park is also strong with nearby offices including the Ford Motor Company World Headquarters. Several national restaurants have reported that they have some of their strongest restaurants at Independence Marketplace. Anchored by Lowe s, Jo-Ann Fabric, DSW, Guitar Center, Petco, Party City and Staples, Independence Marketplace has a wide-ranging retail mix. The Lowe s found at Independence Marketplace serves consumers from the down river communities of Allen Park, Dearborn, Taylor, and Lincoln Park. The combination of Independence Marketplace and Fairlane Green (Target, TJ Maxx, Barnes & Noble etc.) is a regional draw as the most concentrated national retail zone south of Detroit.

4 Independence Marketplace ALLEN PARK, MICHIGAN SITE PLAN:

5 DEVELOPMENT COMPANY, LLC Lormax Stern Development Company has earned a national reputation for the development of outstanding shopping centers- producing higher than average sales for retailers in their developments. Through strategic acquisition of premium locations, Lormax Stern s Centers, of the highest quality and prominence, outshine competitors in existing markets. The Company works closely with communities to ensure long-term benefits and maintains a track record of getting the job done. LORMAX STERN OWNS AND OPERATES OVER 25 SHOPPING CENTERS AND IS HOME TO THE TOP NAMES IN RETAIL: MICHIGAN Allen Park Battle Creek Bay City Canton Flint Grand Rapids Green Oak Twp Gross Pointe Lincoln Park Livonia Northville Orion Twp Plainfield Twp Roseville Shelby Twp Westland Wyoming Lexington KENTUCKY Tallahassee MISSISSIPPI Hattiesburg Go to our website for more information about our properties: