Contact: Brad Grems [email protected]& Bryan Weiss [email protected]29580 Northwestern Hwy. Suite 110 Southfield MI 48034 Phone: 248.750.1700 Fax: 248.750.1771 www.ludwigseeley.com Traffic Counts: Dequindre 2-way Long Lake to Square Lake: 24,331 ADT Dequindre 2-way Square Lake to South Blvd: 24,135 ADT Square Lake 2-way west of Dequindre: 8,383 ADT Square Lake 2-way east of Dequindre: 10,673 ADT Demographics Category 1 Mile: 3 Mile: 5 Mile: Population Average Income Households 11,898 84,982 217,808 $121,507 $98,559 $93,832 3,710 30,181 82,091 Development Opportunity 43109 Dequindre Rd. Troy, Michigan Lot Size: .8 Acres Available: Immediately Master Plan Zoning: B-1 For Sale or For Sale or Ground Lease Ground Lease High Residential Density 1/2 Mile from Beaumont Hospital Easy ingress and egress
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Site_14 Dequindre Rd & E Square Dequindre Rd & E Square Dequindre Rd & E Square
Latitude: 42.60745 Troy, MI 48085 Troy, MI 48085 Troy, MI 48085
Longitude: -83.09067 Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles
2000 Total Population 9,619 79,031 206,637 2000 Group Quarters 131 218 1,2482009 Total Population 11,898 84,982 217,8082014 Total Population 12,802 87,131 220,823 2009 - 2014 Annual Rate 1.48% 0.5% 0.28%
2000 Households 3,036 27,700 76,698 2000 Average Household Size 3.13 2.85 2.682009 Households 3,710 30,181 82,091 2009 Average Household Size 3.17 2.81 2.642014 Households 3,983 31,122 83,741 2014 Average Household Size 3.18 2.79 2.62 2009 - 2014 Annual Rate 1.43% 0.62% 0.4%2000 Families 2,497 21,202 55,467 2000 Average Family Size 3.54 3.3 3.212009 Families 3,010 22,844 58,557 2009 Average Family Size 3.62 3.28 3.182014 Families 3,210 23,413 59,340 2014 Average Family Size 3.65 3.27 3.17 2009 - 2014 Annual Rate 1.29% 0.49% 0.27%
2000 Housing Units 3,101 28,556 78,976 Owner Occupied Housing Units 88.1% 80.0% 74.6% Renter Occupied Housing Units 9.7% 17.0% 22.6% Vacant Housing Units 2.2% 3.0% 2.9%2009 Housing Units 3,875 31,923 86,468 Owner Occupied Housing Units 84.1% 77.9% 72.5% Renter Occupied Housing Units 11.6% 16.7% 22.4% Vacant Housing Units 4.3% 5.5% 5.1%2014 Housing Units 4,164 32,930 88,279 Owner Occupied Housing Units 83.8% 78.0% 72.6% Renter Occupied Housing Units 11.9% 16.5% 22.3% Vacant Housing Units 4.3% 5.5% 5.1%
Median Household Income 2000 $87,750 $68,215 $63,993 2009 $105,653 $82,249 $77,120 2014 $109,670 $86,823 $80,275 Median Home Value 2000 $241,741 $183,334 $169,202 2009 $246,781 $177,291 $161,824 2014 $251,956 $178,113 $162,119 Per Capita Income 2000 $30,718 $28,175 $28,169 2009 $38,258 $35,025 $35,396 2014 $38,582 $36,254 $36,376 Median Age 2000 37.6 35.2 35.8 2009 38.3 37.5 38.2 2014 38.2 38.2 38.8
Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by total population. Detail may not sum to totals due to rounding.
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014.
2000 Owner Occupied HUs by Value Total 2,772 22,869 58,977 <$50,000 0.9% 7.7% 5.2% $50,000 - 99,999 0.9% 4.0% 5.8% $100,000 - 149,999 6.5% 15.4% 24.1% $150,000 - 199,999 18.0% 33.3% 32.9% $200,000 - $299,999 50.5% 30.2% 23.2% $300,000 - 499,999 22.9% 9.0% 7.9% $500,000 - 999,999 0.3% 0.3% 0.9% $1,000,000+ 0.0% 0.0% 0.1% Average Home Value $250,657 $191,206 $186,187
2000 Specified Renter Occupied HUs by Contract Rent Total 267 4,857 17,723 With Cash Rent 100.0% 96.5% 97.2% No Cash Rent 0.0% 3.5% 2.8% Median Rent $915 $718 $646 Average Rent $1,225 $763 $666
Data Note: Income represents the preceding year, expressed in current dollars. Household income includes wage and salary earnings, interest, dividends, net rents, pensions, SSI and welfare payments, child support and alimony. Specified Renter Occupied Housing Units exclude houses on 10+ acres. Average Rent excludes units paying no cash rent.
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014.
Site_14 Dequindre Rd & E Square Dequindre Rd & E Square Dequindre Rd & E Square
Latitude: 42.60745 Troy, MI 48085 Troy, MI 48085 Troy, MI 48085
Longitude: -83.09067 Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles
2000 Population by Race/Ethnicity Total 9,619 79,030 206,637 White Alone 84.2% 86.4% 87.4% Black Alone 1.5% 1.4% 1.7% American Indian Alone 0.1% 0.2% 0.2% Asian or Pacific Islander Alone 11.1% 8.7% 7.9% Some Other Race Alone 0.4% 0.5% 0.4% Two or More Races 2.8% 2.7% 2.4% Hispanic Origin 1.1% 1.8% 1.7% Diversity Index 29.4 27.2 25.6
2009 Population by Race/Ethnicity Total 11,898 84,982 217,807 White Alone 76.1% 80.7% 82.4% Black Alone 1.7% 1.7% 2.0% American Indian Alone 0.1% 0.2% 0.2% Asian or Pacific Islander Alone 17.7% 13.5% 12.0% Some Other Race Alone 0.4% 0.6% 0.5% Two or More Races 4.0% 3.3% 2.8% Hispanic Origin 1.2% 2.2% 2.2% Diversity Index 40.5 35.9 33.6
2014 Population by Race/Ethnicity Total 12,803 87,130 220,822 White Alone 71.1% 76.9% 79.2% Black Alone 1.8% 1.8% 2.1% American Indian Alone 0.1% 0.2% 0.2% Asian or Pacific Islander Alone 22.1% 16.8% 14.8% Some Other Race Alone 0.5% 0.7% 0.6% Two or More Races 4.5% 3.6% 3.1% Hispanic Origin 1.3% 2.4% 2.5% Diversity Index 46.0 40.9 38.2
2000 Population 3+ by School EnrollmentTotal 9,253 75,756 198,560 Enrolled in Nursery/Preschool 1.7% 2.0% 2.0% Enrolled in Kindergarten 1.9% 1.3% 1.4% Enrolled in Grade 1-8 14.7% 13.2% 12.5% Enrolled in Grade 9-12 6.6% 6.5% 6.0% Enrolled in College 5.5% 5.9% 5.9% Enrolled in Grad/Prof School 1.6% 1.4% 1.5% Not Enrolled in School 67.9% 69.6% 70.7%
2009 Population 25+ by Educational Attainment Total 7,810 56,918 147,946 Less than 9th Grade 4.3% 4.3% 3.6% 9th - 12th Grade, No Diploma 4.6% 6.0% 6.3% High School Graduate 23.6% 23.6% 25.3% Some College, No Degree 17.6% 20.4% 21.3% Associate Degree 7.2% 8.6% 8.5% Bachelor's Degree 26.4% 22.6% 21.7% Graduate/Professional Degree 16.2% 14.5% 13.4%
Data Note: Persons of Hispanic Origin may be of any race. The Diversity Index measures the probability that two people from the same area will be from different race/ethnic groups.
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014.
Site_14 Dequindre Rd & E Square Dequindre Rd & E Square Dequindre Rd & E Square
Latitude: 42.60745 Troy, MI 48085 Troy, MI 48085 Troy, MI 48085
Longitude: -83.09067 Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles
2009 Population 15+ by Marital StatusTotal 9,205 67,057 173,961 Never Married 23.0% 26.8% 27.4% Married 66.4% 61.0% 58.5% Widowed 6.1% 4.6% 5.2% Divorced 4.4% 7.7% 8.8%
2000 Population 16+ by Employment StatusTotal 7,189 60,092 160,000 In Labor Force 67.7% 70.8% 70.3% Civilian Employed 64.7% 68.5% 67.8% Civilian Unemployed 3.0% 2.2% 2.4% In Armed Forces 0.0% 0.0% 0.1% Not in Labor Force 32.3% 29.2% 29.8%
2009 Civilian Population 16+ in Labor Force Civilian Employed 90.3% 88.2% 87.6% Civilian Unemployed 9.7% 11.8% 12.4%
2014 Civilian Population 16+ in Labor Force Civilian Employed 92.8% 92.2% 91.9% Civilian Unemployed 7.2% 7.8% 8.1%
2000 Females 16+ by Employment Status and Age of Children Total 3,630 30,055 81,484 Own Children < 6 Only 8.9% 8.8% 8.4% Employed/in Armed Forces 5.1% 5.0% 5.0% Unemployed 0.0% 0.2% 0.1% Not in Labor Force 3.7% 3.6% 3.3% Own Children < 6 and 6-17 Only 5.1% 6.2% 5.9% Employed/in Armed Forces 2.9% 3.2% 3.1% Unemployed 0.0% 0.1% 0.1% Not in Labor Force 2.2% 2.9% 2.7% Own Children 6-17 Only 24.1% 20.6% 19.2% Employed/in Armed Forces 18.4% 14.8% 13.8% Unemployed 0.3% 0.3% 0.3% Not in Labor Force 5.4% 5.5% 5.1% No Own Children < 18 62.0% 64.4% 66.5% Employed/in Armed Forces 26.6% 36.4% 37.7% Unemployed 4.1% 1.5% 1.7% Not in Labor Force 31.2% 26.5% 27.1%
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014.
Site_14 Dequindre Rd & E Square Dequindre Rd & E Square Dequindre Rd & E Square
Latitude: 42.60745 Troy, MI 48085 Troy, MI 48085 Troy, MI 48085
Longitude: -83.09067 Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles
2009 Employed Population 16+ by Industry Total 4,987 36,983 94,195 Agriculture/Mining 0.6% 0.1% 0.1% Construction 3.2% 4.1% 4.2% Manufacturing 18.8% 19.4% 18.4% Wholesale Trade 3.1% 3.8% 3.6% Retail Trade 13.5% 13.6% 13.4% Transportation/Utilities 3.0% 2.4% 2.4% Information 1.4% 1.9% 1.9% Finance/Insurance/Real Estate 6.1% 7.1% 7.0% Services 46.2% 44.4% 45.7% Public Administration 4.1% 3.1% 3.4%
2009 Employed Population 16+ by Occupation Total 4,989 36,984 94,195 White Collar 75.6% 71.6% 70.4% Management/Business/Financial 18.4% 18.0% 16.9% Professional 32.1% 28.3% 27.4% Sales 13.9% 13.3% 13.1% Administrative Support 11.3% 11.9% 13.0% Services 11.3% 11.9% 12.9% Blue Collar 13.0% 16.5% 16.6% Farming/Forestry/Fishing 0.1% 0.1% 0.0% Construction/Extraction 1.8% 3.3% 3.4% Installation/Maintenance/Repair 3.0% 3.3% 3.2% Production 5.1% 6.3% 6.4% Transportation/Material Moving 3.0% 3.6% 3.6%
2000 Workers 16+ by Means of Transportation to WorkTotal 4,605 40,523 106,857 Drove Alone - Car, Truck, or Van 90.6% 90.6% 90.3% Carpooled - Car, Truck, or Van 6.8% 6.4% 6.3% Public Transportation 0.0% 0.2% 0.3% Walked 0.4% 0.7% 0.7% Other Means 0.3% 0.4% 0.5% Worked at Home 1.9% 1.7% 1.9%
2000 Workers 16+ by Travel Time to Work Total 4,605 40,524 106,856 Did Not Work at Home 98.1% 98.3% 98.1% Less than 5 minutes 0.8% 1.3% 1.6% 5 to 9 minutes 6.9% 6.4% 7.5% 10 to 19 minutes 26.2% 27.5% 27.5% 20 to 24 minutes 16.8% 19.1% 17.8% 25 to 34 minutes 21.9% 22.9% 23.1% 35 to 44 minutes 9.7% 7.7% 7.4% 45 to 59 minutes 11.1% 8.6% 8.2% 60 to 89 minutes 3.1% 3.2% 3.7% 90 or more minutes 1.5% 1.6% 1.3% Worked at Home 1.9% 1.7% 1.9% Average Travel Time to Work (in min) 26.9 26.0 25.5
2000 Households by Vehicles Available Total 3,038 27,722 76,728 None 6.7% 3.6% 4.2% 1 14.3% 23.9% 28.3% 2 49.1% 50.3% 47.1% 3 20.4% 15.7% 14.4% 4 6.3% 4.5% 4.2% 5+ 3.2% 1.9% 1.7% Average Number of Vehicles Available 2.2 2.0 1.9
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014.
Site_14 Dequindre Rd & E Square Dequindre Rd & E Square Dequindre Rd & E Square
Latitude: 42.60745 Troy, MI 48085 Troy, MI 48085 Troy, MI 48085
Longitude: -83.09067 Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles
2000 Households by Type Total 3,035 27,700 76,699 Family Households 82.3% 76.5% 72.3% Married-couple Family 75.7% 65.5% 60.8% With Related Children 42.9% 34.4% 30.7% Other Family (No Spouse) 6.6% 11.0% 11.5% With Related Children 2.9% 5.8% 6.2% Nonfamily Households 17.7% 23.5% 27.7% Householder Living Alone 16.0% 18.8% 23.0% Householder Not Living Alone 1.7% 4.6% 4.7%
Households with Related Children 45.8% 40.3% 36.9% Households with Persons 65+ 23.5% 16.6% 18.7%
2000 Households by Size Total 3,036 27,700 76,698 1 Person Household 16.0% 18.8% 23.0% 2 Person Household 26.2% 30.6% 31.2% 3 Person Household 16.8% 18.0% 17.5% 4 Person Household 22.6% 19.3% 17.3% 5 Person Household 11.9% 8.8% 7.4% 6 Person Household 4.4% 3.1% 2.5% 7+ Person Household 2.0% 1.5% 1.2%
2000 Households by Year Householder Moved In Total 3,038 27,722 76,728 Moved in 1999 to March 2000 16.0% 18.0% 17.6% Moved in 1995 to 1998 38.0% 30.0% 29.1% Moved in 1990 to 1994 20.9% 16.8% 16.7% Moved in 1980 to 1989 10.2% 16.7% 17.4% Moved in 1970 to 1979 12.2% 14.3% 12.9% Moved in 1969 or Earlier 2.8% 4.1% 6.3% Median Year Householder Moved In 1995 1994 1994
2000 Housing Units by Units in StructureTotal 3,106 28,562 78,974 1, Detached 86.3% 74.1% 69.0% 1, Attached 4.3% 4.1% 6.0% 2 0.0% 0.3% 0.5% 3 or 4 0.2% 2.8% 2.8% 5 to 9 0.0% 4.3% 8.4% 10 to 19 0.4% 4.3% 4.6% 20+ 7.9% 3.2% 4.6% Mobile Home 0.8% 6.7% 4.0% Other 0.0% 0.0% 0.0%
2000 Housing Units by Year Structure Built Total 3,102 28,558 78,994 1999 to March 2000 6.7% 3.6% 2.2% 1995 to 1998 28.9% 11.9% 7.6% 1990 to 1994 18.3% 9.8% 8.1% 1980 to 1989 7.6% 16.1% 18.2% 1970 to 1979 30.0% 37.7% 32.6% 1969 or Earlier 8.5% 20.9% 31.3% Median Year Structure Built 1991 1978 1976
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing.
2009 Consumer Spending shows the amount spent on a variety of goods and services by households that reside in the market area. Expenditures are shown by broad budget categories that are not mutually exclusive. Consumer spending does not equal business revenue.Apparel & Services: Total $ $11,106,175 $73,844,114 $191,869,527 Average Spent $2,993.58 $2,446.71 $2,337.28 Spending Potential Index 120 98 93Computers & Accessories: Total $ $1,432,762 $9,652,226 $24,942,442 Average Spent $386.19 $319.81 $303.84 Spending Potential Index 169 140 133Education: Total $ $9,250,951 $56,949,669 $146,833,581 Average Spent $2,493.52 $1,886.94 $1,788.67 Spending Potential Index 199 150 143
Entertainment/Recreation: Total $ $20,938,102 $137,269,766 $354,467,411 Average Spent $5,643.69 $4,548.22 $4,317.98 Spending Potential Index 174 140 133 Food at Home: Total $ $26,307,890 $181,668,716 $478,010,119 Average Spent $7,091.08 $6,019.31 $5,822.93 Spending Potential Index 156 132 128 Food Away from Home: Total $ $20,161,451 $137,523,030 $358,665,093 Average Spent $5,434.35 $4,556.61 $4,369.12 Spending Potential Index 163 137 131 Health Care: Total $ $21,680,686 $147,573,385 $390,118,120 Average Spent $5,843.85 $4,889.61 $4,752.26 Spending Potential Index 155 130 126 HH Furnishings & Equipment: Total $ $12,813,799 $83,609,254 $213,998,325 Average Spent $3,453.85 $2,770.26 $2,606.84 Spending Potential Index 159 127 120 Investments: Total $ $11,210,719 $63,266,531 $159,856,065 Average Spent $3,021.76 $2,096.24 $1,947.30 Spending Potential Index 210 146 135 Retail Goods: Total $ $152,976,087 $1,021,183,105 $2,639,860,681 Average Spent $41,233.45 $33,835.30 $32,157.74 Spending Potential Index 160 132 125 Shelter: Total $ $104,020,185 $673,203,757 $1,747,520,558 Average Spent $28,037.79 $22,305.55 $21,287.60 Spending Potential Index 179 143 136 TV/Video/Sound Equipment: Total $ $7,142,175 $49,161,325 $128,496,942 Average Spent $1,925.11 $1,628.88 $1,565.30 Spending Potential Index 158 134 129 Travel: Total $ $13,093,287 $81,861,370 $210,583,161 Average Spent $3,529.19 $2,712.35 $2,565.24 Spending Potential Index 191 147 139 Vehicle Maintenance & Repairs: Total $ $5,673,825 $38,400,764 $99,855,630 Average Spent $1,529.33 $1,272.35 $1,216.40 Spending Potential Index 163 136 130
Data Note: The Spending Potential Index represents the amount spent in the area relative to a national average of 100.
Source: Consumer Spending data are derived from the 2005 and 2006 Consumer Expenditure Surveys, Bureau of Labor Statistics. ESRI.