FOR SALE > MIXED USE BUILDING Retail/Offi ce and Apartments

FOR SALE > MIXED USE BUILDING

Retail/Offi ce and Apartments909 EAST SAGINAW STREET, LANSING, MICHIGAN

Ludwig & Seeley Team

Dem

ogra

phic

s Category 1 Mile: 3 Mile: 5 Mile:

Property Amenities> Many Updates

> First Floor: Offi ce/Retail Availability

> Second Floor: Apartments

Population

Average Income

Households

13,009

$37,258

5,695

188,587

$50,931

76,092

93,238

$48,741

37,877

CONTACT US

BRIAN WHITFIELD

248 540 1000 | EXT. 1646

SOUTHFIELD, MI

brian.whitfi [email protected]

COLLIERS INTERNATIONAL2 Corporate Drive, Suite 300

Southfi eld, MI 48076www.colliers.com





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FOR LEASE > RETAIL SPACE

Clarkston Square5720-5748 CLARKSTON ROAD, CLARKSTON, MICHIGAN



Ludwig & Seeley Team



CONTACT US

BRIAN WHITFIELD

248 540 1000 | EXT. 1646

SOUTHFIELD, MI

brian.whitfi [email protected]

Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography page 1 of 5©2014, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2013 Estimates with 2018 Projections

Calculated using Proportional Block Groups

Lat/Lon: 42.7410/-84.5388RF5

909 E Saginaw St1 mi radius 3 mi radius 5 mi radius

Lansing, MI 48906

Population

Estimated Population (2013) 13,009 93,283 188,587

Projected Population (2018) 13,066 93,659 189,574

Census Population (2010) 12,848 92,257 186,776

Census Population (2000) 13,661 96,225 187,858

Projected Annual Growth (2013 to 2018) 57 0.1% 376 0.1% 987 0.1%

Historical Annual Growth (2010 to 2013) 160 0.4% 1,025 0.4% 1,811 0.3%

Historical Annual Growth (2000 to 2010) -813 -0.6% -3,968 -0.4% -1,082 -0.1%

Estimated Population Density (2013) 4,143 psm 3,300 psm 2,402 psm

Trade Area Size 3.14 sq mi 28.26 sq mi 78.51 sq mi

Households

Estimated Households (2013) 5,695 37,877 76,092

Projected Households (2018) 5,883 39,143 78,607

Census Households (2010) 5,556 36,973 74,330

Census Households (2000) 5,797 38,414 73,837

Estimated Households with Children (2013) 1,451 25.5% 9,196 24.3% 18,518 24.3%

Estimated Average Household Size (2013) 2.24 2.22 2.26

Average Household Income

Estimated Average Household Income (2013) $37,258 $48,741 $50,931

Projected Average Household Income (2018) $40,651 $52,398 $54,702

Estimated Average Family Income (2013) $43,062 $64,519 $68,082

Median Household Income

Estimated Median Household Income (2013) $34,692 $40,586 $42,372

Projected Median Household Income (2018) $38,369 $44,347 $46,205

Estimated Median Family Income (2013) $39,063 $54,912 $58,740

Per Capita Income

Estimated Per Capita Income (2013) $16,556 $20,390 $21,093

Projected Per Capita Income (2018) $18,574 $22,512 $23,241

Estimated Per Capita income 5 Year Growth $2,018 12.2% $2,122 10.4% $2,148 10.2%

Estimated Average Household Net Worth (2013) $231,184 $309,540 $329,088

Daytime Demos (2013)

Total Businesses 1,377 5,014 8,828

Total Employees 27,425 97,168 147,044

Company Headquarter Businesses 34 2.5% 116 2.3% 135 1.5%

Company Headquarter Employees 6,813 24.8% 17,781 18.3% 24,991 17.0%

Employee Population per Business 19.9 19.4 16.7

Residential Population per Business 9.4 18.6 21.4


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Lat/Lon: 42.7410/-84.5388RF5


Lansing, MI 48906

Race & EthnicityWhite (2013) 8,206 63.1% 65,601 70.3% 131,252 69.6%

Black or African American (2013) 2,396 18.4% 14,223 15.2% 30,599 16.2%

American Indian or Alaska Native (2013) 166 1.3% 672 0.7% 1,139 0.6%

Asian (2013) 457 3.5% 4,553 4.9% 10,570 5.6%

Hawaiian or Pacific Islander (2013) 12 0.1% 40 - 79 -

Other Race (2013) 876 6.7% 3,349 3.6% 5,797 3.1%

Two or More Races (2013) 896 6.9% 4,845 5.2% 9,152 4.9%

Not Hispanic or Latino Population (2013) 10,771 82.8% 83,298 89.3% 170,633 90.5%

Hispanic or Latino Population (2013) 2,237 17.2% 9,984 10.7% 17,954 9.5%







Projected Hispanic Annual Growth (2013 to 2018) 131 1.2% 566 1.1% 1,099 1.2%

Historic Hispanic Annual Growth (2000 to 2013) 22 0.1% 1,322 1.2% 4,058 2.2%

Age Distribution (2013)Age Under 5 945 7.3% 5,644 6.1% 10,429 5.5%

Age 5 to 9 Years 814 6.3% 4,870 5.2% 9,317 4.9%

Age 10 to 14 Years 694 5.3% 4,256 4.6% 8,652 4.6%

Age 15 to 19 Years 801 6.2% 4,751 5.1% 11,769 6.2%

Age 20 to 24 Years 1,519 11.7% 14,936 16.0% 33,503 17.8%

Age 25 to 29 Years 1,769 13.6% 9,560 10.2% 17,330 9.2%

Age 30 to 34 Years 1,221 9.4% 7,069 7.6% 12,710 6.7%

Age 35 to 39 Years 822 6.3% 5,042 5.4% 9,437 5.0%

Age 40 to 44 Years 702 5.4% 4,525 4.9% 8,773 4.7%

Age 45 to 49 Years 737 5.7% 4,543 4.9% 9,123 4.8%

Age 50 to 54 Years 783 6.0% 4,817 5.2% 9,788 5.2%

Age 55 to 59 Years 684 5.3% 4,706 5.0% 10,026 5.3%

Age 60 to 64 Years 536 4.1% 4,223 4.5% 9,234 4.9%

Age 65 to 74 Years 608 4.7% 5,052 5.4% 11,219 5.9%

Age 75 to 84 Years 255 2.0% 2,543 2.7% 6,147 3.3%

Age 85 Years or Over 117 0.9% 1,286 1.4% 3,255 1.7%

Median Age 29.5 30.9 32.4

Gender Age Distribution (2013)Female Population 6,302 48.4% 47,497 50.9% 97,053 51.5%

Age 0 to 19 Years 1,588 25.2% 9,578 20.2% 20,366 21.0%

Age 20 to 64 Years 4,163 66.0% 29,777 62.7% 60,888 62.7%

Age 65 Years or Over 552 8.8% 5,129 10.8% 12,060 12.4%

Female Median Age 29.7 31.7 33.7

Male Population 6,707 51.6% 45,786 49.1% 91,534 48.5%

Age 0 to 19 Years 1,666 24.8% 9,943 21.7% 19,800 21.6%

Age 20 to 64 Years 4,611 68.8% 29,646 64.7% 59,037 64.5%

Age 65 Years or Over 429 6.4% 3,752 8.2% 8,560 9.4%

Male Median Age 29.5 30.2 31.1


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Lat/Lon: 42.7410/-84.5388RF5


Lansing, MI 48906

Household Income Distribution (2013)HH Income $200,000 or More 25 0.4% 779 2.1% 1,560 2.1%

HH Income $150,000 to $199,999 24 0.4% 951 2.5% 2,266 3.0%

HH Income $100,000 to $149,999 189 3.3% 2,497 6.6% 5,644 7.4%

HH Income $75,000 to $99,999 425 7.5% 3,084 8.1% 6,560 8.6%

HH Income $50,000 to $74,999 1,130 19.8% 6,889 18.2% 14,212 18.7%

HH Income $35,000 to $49,999 1,088 19.1% 6,829 18.0% 13,184 17.3%

HH Income $25,000 to $34,999 778 13.7% 4,744 12.5% 8,700 11.4%

HH Income $15,000 to $24,999 686 12.0% 4,224 11.2% 8,562 11.3%

HH Income Under $15,000 1,349 23.7% 7,881 20.8% 15,404 20.2%

HH Income $35,000 or More 2,882 50.6% 21,028 55.5% 43,426 57.1%

HH Income $75,000 or More 663 11.6% 7,310 19.3% 16,030 21.1%

Housing (2013)Total Housing Units 6,474 41,563 81,771

Housing Units Occupied 5,695 88.0% 37,877 91.1% 76,092 93.1%

Housing Units Owner-Occupied 2,275 39.9% 19,514 51.5% 39,709 52.2%

Housing Units, Renter-Occupied 3,420 60.1% 18,363 48.5% 36,383 47.8%

Housing Units, Vacant 779 12.0% 3,686 8.9% 5,679 6.9%

Marital Status (2013)Never Married 5,412 51.3% 40,853 52.0% 81,675 51.0%

Currently Married 2,641 25.0% 22,711 28.9% 50,061 31.3%

Separated 660 6.3% 2,685 3.4% 4,856 3.0%

Widowed 304 2.9% 2,791 3.6% 6,311 3.9%

Divorced 1,537 14.6% 9,457 12.0% 17,232 10.8%

Household Type (2013)Population Family 8,071 62.0% 53,671 57.5% 110,504 58.6%

Population Non-Family 4,658 35.8% 30,537 32.7% 61,088 32.4%

Population Group Quarters 280 2.1% 9,075 9.7% 16,995 9.0%

Family Households 2,490 43.7% 17,844 47.1% 37,413 49.2%

Non-Family Households 3,206 56.3% 20,032 52.9% 38,680 50.8%

Married Couple with Children 583 22.1% 4,640 20.4% 9,690 19.4%

Average Family Household Size 3.2 3.0 3.0

Household Size (2013)1 Person Households 2,374 41.7% 14,064 37.1% 26,504 34.8%

2 Person Households 1,573 27.6% 12,160 32.1% 24,937 32.8%

3 Person Households 702 12.3% 5,024 13.3% 10,942 14.4%



6 or More Person Households 253 4.4% 1,186 3.1% 2,182 2.9%

Household Vehicles (2013)Households with 0 Vehicles Available 970 17.0% 4,559 12.0% 8,153 10.7%

Households with 1 Vehicles Available 2,801 49.2% 17,457 46.1% 33,089 43.5%

Households with 2 or More Vehicles Available 1,925 33.8% 15,861 41.9% 34,851 45.8%

Total Vehicles Available 7,201 54,055 115,275

Average Vehicles Per Household 1.3 1.4 1.5


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Lat/Lon: 42.7410/-84.5388RF5


Lansing, MI 48906

Labor Force (2013)Estimated Labor Population Age 16 Years or Over 10,198 68,980 142,055Estimated Civilian Employed 6,000 58.8% 40,100 58.1% 82,762 58.3%

Estimated Civilian Unemployed 712 7.0% 4,066 5.9% 7,754 5.5%

Estimated in Armed Forces 12 0.1% 47 0.1% 115 0.1%

Estimated Not in Labor Force 3,475 34.1% 24,768 35.9% 51,424 36.2%

Unemployment Rate 7.0% 5.9% 5.5%

Occupation (2010)Occupation: Population Age 16 Years or Over 5,376 40,997 84,094Management, Business, Financial Operations 452 8.4% 4,595 11.2% 9,873 11.7%

Professional, Related 1,276 23.7% 10,523 25.7% 21,322 25.4%

Service 1,418 26.4% 9,731 23.7% 18,211 21.7%

Sales, Office 1,342 25.0% 10,152 24.8% 21,868 26.0%

Farming, Fishing, Forestry 11 0.2% 148 0.4% 375 0.4%

Construct, Extraction, Maintenance 250 4.6% 1,728 4.2% 3,610 4.3%

Production, Transport Material Moving 628 11.7% 4,119 10.0% 8,834 10.5%

White Collar Workers 3,070 57.1% 25,270 61.6% 53,063 63.1%

Blue Collar Workers 2,306 42.9% 15,727 38.4% 31,031 36.9%

Consumer Expenditure (2013)Total Household Expenditure $206 M $1.62 B $3.35 B

Total Non-Retail Expenditure $118 M 57.0% $927 M 57.2% $1.92 B 57.3%

Total Retail Expenditure $88.7 M 43.0% $693 M 42.8% $1.43 B 42.7%

Apparel $9.91 M 4.8% $77.9 M 4.8% $161 M 4.8%

Contributions $6.71 M 3.3% $57.8 M 3.6% $120 M 3.6%

Education $4.52 M 2.2% $38.1 M 2.4% $79.2 M 2.4%

Entertainment $11.3 M 5.5% $89.3 M 5.5% $185 M 5.5%

Food and Beverages $33.0 M 16.0% $253 M 15.6% $523 M 15.6%

Furnishings and Equipment $8.47 M 4.1% $68.6 M 4.2% $143 M 4.3%

Gifts $4.97 M 2.4% $41.6 M 2.6% $86.6 M 2.6%

Health Care $13.5 M 6.6% $103 M 6.3% $211 M 6.3%

Household Operations $6.66 M 3.2% $55.3 M 3.4% $115 M 3.4%

Miscellaneous Expenses $3.62 M 1.8% $27.7 M 1.7% $57.1 M 1.7%

Personal Care $3.04 M 1.5% $23.7 M 1.5% $48.9 M 1.5%

Personal Insurance $1.89 M 0.9% $15.9 M 1.0% $33.1 M 1.0%

Reading $678 K 0.3% $5.34 M 0.3% $11.1 M 0.3%

Shelter $39.3 M 19.1% $311 M 19.2% $644 M 19.2%

Tobacco $1.58 M 0.8% $11.4 M 0.7% $23.4 M 0.7%

Transportation $41.4 M 20.1% $322 M 19.9% $667 M 19.9%

Utilities $15.7 M 7.6% $118 M 7.3% $243 M 7.2%

Educational Attainment (2013)Adult Population Age 25 Years or Over 8,019 52,708 105,426Elementary (Grade Level 0 to 8) 379 4.7% 1,940 3.7% 3,587 3.4%

Some High School (Grade Level 9 to 11) 892 11.1% 4,083 7.7% 7,348 7.0%

High School Graduate 1,844 23.0% 11,122 21.1% 23,304 22.1%

Some College 2,188 27.3% 13,226 25.1% 26,777 25.4%

Associate Degree Only 614 7.7% 3,959 7.5% 8,675 8.2%

Bachelor Degree Only 1,451 18.1% 10,572 20.1% 21,081 20.0%

Graduate Degree 650 8.1% 7,807 14.8% 14,654 13.9%


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Lat/Lon: 42.7410/-84.5388RF5


Lansing, MI 48906

Units In Structure (2010)1 Detached Unit 3,234 58.2% 23,402 63.3% 44,551 59.9%

1 Attached Unit 115 2.1% 1,279 3.5% 3,937 5.3%

2 to 4 Units 835 15.0% 2,839 7.7% 4,371 5.9%

5 to 9 Units 399 7.2% 2,000 5.4% 4,368 5.9%

10 to 19 Units 284 5.1% 3,362 9.1% 8,386 11.3%

20 to 49 Units 237 4.3% 1,589 4.3% 3,269 4.4%

50 or More Units 419 7.5% 1,876 5.1% 4,062 5.5%

Mobile Home or Trailer 33 0.6% 613 1.7% 1,367 1.8%

Other Structure - - 12 - 19 -

Homes Built By Year (2010)Homes Built 2005 or later 190 3.4% 874 2.4% 1,680 2.3%

Homes Built 2000 to 2004 185 3.3% 1,207 3.3% 3,759 5.1%

Homes Built 1990 to 1999 232 4.2% 2,297 6.2% 5,739 7.7%

Homes Built 1980 to 1989 337 6.1% 2,929 7.9% 7,205 9.7%

Homes Built 1970 to 1979 548 9.9% 4,636 12.5% 12,145 16.3%

Homes Built 1960 to 1969 572 10.3% 5,130 13.9% 12,058 16.2%

Homes Built 1950 to 1959 826 14.9% 6,529 17.7% 12,857 17.3%

Homes Built Before 1949 2,665 48.0% 13,371 36.2% 18,887 25.4%

Home Values (2010)Home Values $1,000,000 or More 1 0.1% 70 0.4% 151 0.4%

Home Values $500,000 to $999,999 11 0.5% 181 1.0% 443 1.2%

Home Values $400,000 to $499,999 11 0.5% 136 0.7% 377 1.0%

Home Values $300,000 to $399,999 47 2.2% 530 2.8% 1,174 3.1%

Home Values $200,000 to $299,999 114 5.2% 1,513 8.0% 3,831 10.0%

Home Values $150,000 to $199,999 212 9.7% 2,620 13.9% 5,953 15.5%

Home Values $100,000 to $149,999 475 21.7% 5,032 26.7% 10,738 28.0%

Home Values $70,000 to $99,999 571 26.1% 4,491 23.8% 8,080 21.0%

Home Values $50,000 to $69,999 437 19.9% 2,047 10.9% 3,416 8.9%

Home Values $25,000 to $49,999 236 10.8% 1,448 7.7% 2,490 6.5%

Home Values Under $25,000 75 3.4% 786 4.2% 1,756 4.6%

Owner-Occupied Median Home Value $91,647 $110,586 $119,348

Renter-Occupied Median Rent $563 $648 $665

Transportation To Work (2010)Drive to Work Alone 4,038 76.5% 29,319 73.3% 61,517 75.0%

Drive to Work in Carpool 503 9.5% 3,833 9.6% 7,206 8.8%

Travel to Work by Public Transportation 224 4.2% 1,752 4.4% 3,770 4.6%

Drive to Work on Motorcycle 3 0.1% 44 0.1% 82 0.1%

Walk or Bicycle to Work 367 7.0% 3,673 9.2% 6,780 8.3%

Other Means 18 0.3% 114 0.3% 319 0.4%

Work at Home 127 2.4% 1,281 3.2% 2,377 2.9%

Travel Time (2010)Travel to Work in 14 Minutes or Less 2,296 44.6% 17,351 44.8% 34,081 42.8%

Travel to Work in 15 to 29 Minutes 1,967 38.2% 15,730 40.6% 33,794 42.4%

Travel to Work in 30 to 59 Minutes 638 12.4% 4,009 10.4% 8,400 10.5%

Travel to Work in 60 Minutes or More 252 4.9% 1,643 4.2% 3,399 4.3%

Average Minutes Travel to Work 15.4 15.3 15.6

FOR SALE > MIXED USE BUILDING Retail/Offi ce and Apartments

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