Request For Proposal - 190.5 Acres SEC Five Mile Road and Napier Road Plymouth Township, Michigan For additional information, contact: Ben Smith 313.872.1300, Ext. 24 smith@summitcommercialllc.com Bunia Parker 313.872.1300, Ext. 22 parker@summitcommercialllc.com
Table of Contents Property Overview...Page 1 Property Description...Page 2 Aerial..........Page 3 Location Map.........Page 4 Aerial Map............Page 5 Wetlands Map............Page 6 Survey....Page 7 Demographics.............Page 8 Photographs..........Page 9 Metro Detroit Industrial Market...Page 10-12
Property Overview The subject property is a City of Detroit surplus property that is being offered to the public for sale. Located in Plymouth Township, MI, this site consist of approximately 190.5 acres and is situated in one of Wayne County s wealthiest and most desirable areas. The property is generally bounded by 5 Mile Road to the north, M-14 to the south, Napier Road to the west, and Beck Road to the east. The site enjoys access to major expressways, and air and rail transportation systems are within close proximity. The M-14 expressway provides access to Interstate I-96 and I-275. This vacant land is surrounded by dense residential, research and office parks, big box retailers, and national restaurants. The Brae Burn Golf Club is located immediately to the west of the site. Plymouth Township is located in western Wayne County and is bound by Washtenaw County to the West, I-275 to the East, 5 Mile to the North, and Canton Township to the South. The Township is approximately 20 miles northeast from Ann Arbor, 30 miles southwest from Downtown Detroit and 50 miles southeast from Lansing. Once a rural community, the area has been transformed into neighborhoods with high-end homes and research & development parks. The area has expierienced rapid growth within the last decade. Between 2000 and 2015, the population of Plymouth has increased by 26%. This property would provide the ideal setting for an Industrial Development, Research & Development Park, or new corporate headquarters. This location has easy freeway access, access to numerous retailers, and high household income levels within a 1 to 5 mile radius. Submission Process and Timeline - Release Date: August 9, 2018 - Proposal Submission Deadline: September 7, 2018 - Selection of Purchaser: On or before September 14, 2018 - To be considered, all responses must be received by 5:00 P.M. EST on September 7, 2018. The responsibility of submitting the response rests entirely with the Respondent to the RFP. - All responses shall be electronic and should include an offer price, proposed earnest money deposit, proposed Due Diligence period, and proposed time to close. This information should be emailed to parker@summitcommercialllc.com - NOTE: Offers shall NOT have any contingencies for zoning or site plan approval. Any proposal that contains contingencies for zoning or site plan approval will not be considered. The property shall be sold as-is.
Property Description Location: County: Zoning: Acreage: Asking Price: Infrastructure: SEC Five Mile and Napier Road, Plymouth Twp, MI Wayne IND (Light Industrial) Approximately 190.5 Acres $7,500,000 ($39,370/Acre) Currently, there is no underground utiltity service at the site PROPERTY FEATURES: Close Proximity to M-14 Within 1-mile of Plymouth Corporate Park Johnson Controls Honeywell Close proximity to numerous retailers (partial list): The Home Depot Holiday Inn Express Bank of America Ruby Tuesday McDonalds Max & Ermas Jimmy Johns Childtime Close proximity to several prominant facilities: Henry Ford Health System USA Hockey Arena Brae Burn Golf Club
Aerial
Location Map
Aerial Map
Wetlands Map
Survey
Demographics SUMMARY
Metro Detroit Industrial Market
Metro Detroit Indutrial Market
Metro Detroit Indutrial Market
Photographs Westbound Property Line Eastbound Property Line SEC of 5 Mile and Napier Open Expanse I Open Expanse II Open Expanse III