18800 Mack Ave
Grosse Pointe, MI 48236
Wendy's · Retail Property For Sale

SURROUNDING RETAIL & POINTS OF INTEREST This Wendy’s property is located at 18800 Mack Avenue in Grosse Pointe Farms, Michigan. Grosse Pointe Farms is a suburban town bordering Detroit located in Wayne County. The largest employer in the town is the Henry Ford Medical Center. The media company Saga Communications is based here. The subject property is well-positioned in a dense retail corridor, benefiting from its close proximity to many national and local tenants. Nearby national tenants include: Dollar Tree, McDonald’s, Burger King, CVS Pharmacy, Barnes and Noble, Subway, Papa John’s, O’Reilly Auto Parts, as well as a variety of others. This Wendy’s is located less than half a mile from St. John Hospital and Medical Center. This hospital is a general surgical and medical center with over 770 beds. There are six schools located within a three mile radius. These are Marquette Elementary School, University Liggett School, Kerby Elementary School, Richard Elementary School, Beacon Elementary School, and Carleton Elementary School. Together they have a combined enrollment of over 3,200 students. TRAFFIC COUNTS & DEMOGRAPHICS The Wendy’s property benefits from strong demographics with 121,348 individuals residing within a three-mile radius and 254,252 individuals residing within a five-mile radius. The property is located on Mack Avenue. This portion of Mack Avenue sees average daily traffic counts of 34,323 vehicles. It is also located near Moross Road which sees average daily traffic counts of 28,104 vehicles. MARKET OVERVIEW Approximately 10 miles north of Grosse Pointe Farms is Detroit, Michigan. Detroit is the most populous city in Michigan and is the seat of Wayne County. The city is a major port on the Detroit River and the Detroit Metropolitan Airport is among the most important hubs in the United States. Several major companies are based in the city including three Fortune 500 companies. The most heavily representative sectors are automotive manufacturing, finance, technology, and health care. Major companies in the city include General Motors, Quicken Loans, Ally Financial, and Little Caesars. The two largest employers for Detroit are Detroit Medical Center and Wayne State University. In May of 2014, JPMorgan Chase announced that it was injecting $100 million over five year into the economy to help provide development funding for the city.