29409 RYAN ROAD WARREN, MI. MACOMB COUNTY

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1 ss PRIME SITE AVAILALBE CBRE PRESENTS RYAN ROAD WARREN, MI. MACOMB COUNTY

2 ss CBRE EXCLUSIVE AGENTS CBRE has been retained as the exclusive advisor and broker on behalf of the owners. All communications, inquires and requests should be addressed to CBRE as shown below. The owner of the property should not be contacted directly. :: Myrna Burroughs Senior Associate CBRE, Inc Town Center Suite 500 Southfield, MI P F 2012 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

3 ss TAB L E O F C O N TE N TS 01 Property Profile Offering Highlights...4 Floor Plan...5 ALTA Survey Property Summary Location Map...7 Area Retail Map...8 Aerial Maps The Market Detroit, MI Overview...11 Warren, MI Overview...12

4 OFFERING HIGHLIGHTS PRICE $399,000 Property shall be offered at a premium of 15% on the list price in the event of a sale to a bank or financial institution, with a three-year dark period. LAND SIZE 1.32 Acres THE OFFERING PROPERTY DESCRIPTION CBRE as exclusive agent for the owner, is pleased to offer the opportunity to purchase a 3,523 square foot building on a 1.32 acre site (the Property ) located at Ryan Road, Warren Michigan. Property Identification Owner of Record Tax Parcels Site Size Description Property Rights Zoning Ryan Road, Warren, MI Huntington National Bank and acres Former bank branch Fee simple estate O- Office District PROPERTY PROFILE 4

5 SPF Floorplan may have been altered and therefore may not be accurate or to scale. PROPERTY PROFILE 5

6 PROPERTY PROFILE 6

7 PROPERTY SUMMARY 7

8 PROPERTY SUMMARY 8

9 PROPERTY SUMMARY 9

10 P R O P E R TY S U MMARY 10

11 DETROIT, MI OVERVIEW Detroit is Michigan s largest city and has a 2010 population of 713,777, making it the 18th largest city in the US. The Detroit Metro Area s population is 5.2 million. Known as the Automotive Capital of the World (or the Motor City), the Detroit area is home to General Motors, Ford Motor Company and Chrysler Group. The city is also wellknown as the home of the Motown sound, where many internationally known singers and musicians started their careers. The city is located in Southeast Michigan, along the Detroit River with its Riverwalk full of attractions and views of Windsor, Ontario Canada. LARGEST EMPLOYERS Detroit s (10) largest employers are the City of Detroit, Detroit Public Schools, Detroit Medical Center, Henry Ford Health System, US Government, Wayne State University, State of Michigan, Chrysler Group, St. John Providence Health System and DTE Energy. HEALTHCARE The Detroit Medical Center and Henry Ford Health System are headquartered in Detroit, with several hospitals, clinics and other facilities throughout the Detroit Metro Area. Along with St. John Providence Health System, Trinity Health and Beaumont Heath System, these (5) health-care systems are among the top (10) employers in Metro Detroit. SPORTS Detroit is home to several sports teams. The Detroit Tigers (baseball), Detroit Lions (football) and Detroit Red Wings (hockey) all play in downtown stadiums/arenas. The Detroit Pistons (basketball) play in nearby Auburn Hills. HIGHER EDUCATION Wayne State University is conveniently located on 200 acres in the Mid-Town area of Detroit. The university has (13) schools and colleges and approximately 32,000 students. Wayne State s School of Medicine is the largest single-campus medical school in the US. THE MARKET 11

12 WARREN, MI OVERVIEW Located in Macomb County, Warren borders Detroit on the South. With a 2010 population of 134,056, Warren is the largest city in Macomb County and the third largest city in Michigan. ATTRACTIONS Warren has recreation and community centers, and operates (24) parks. The city also has a symphony orchestra. POPULATION Between 1940 and 1970 Warren was one of the fastest growing cities in the country, but its population has declined since However, that loss has been dramatically smaller in recent years, with a loss of only 3% from 2000 to There were 55,551 households and 36,714 families living in the city in 2010, and the median age is 38 years. EDUCATION Warren public school students are served by six public school districts: Center Line Public Schools, East Detroit Public Schools, Fitzgerald Public Schools, Van Dyke Public Schools, Warren Consolidated Schools and Warren Woods Public Schools. The Macomb Intermediate School District oversees the six districts. Colleges and universities with a presence in Warren include Macomb Community College, Davenport University and Central Michigan University. NOTABLE WARREN EMPLOYERS The General Motors Technical Center is located in Warren, along with the United States Army Detroit Arsenal. Big Boy Restaurants is headquartered in Warren. MACOMB COUNTY S LARGEST EMPLOYERS The (10) largest employers are General Motors, Chrysler Group, the Federal Government, Ford Motor Company, Henry Ford Health System, St. John Providence Health System, Utica Community Schools, General Dynamics Land Systems, Macomb County, and the Mount Clemens Regional Medical Center. Demographics (2011 Est.) 1 Mile 3 Mile 5 Mile Population 11,802 95, ,496 Households 4,768 41, ,919 Average Household Income $60,669 $54,001 $57,227 Housing Units 4,890 43, ,101 Daytime Population 5,651 47, ,907 Average Housing Value $136,380 $121,870 $128,592 THE MARKET 12

13 ss CBRE, Inc Town Center Suite 500 Southfield, MI P F