11851 Freud Street

Off-Market

11851 Freud Street, Detroit, MI 48215

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 362,400 SF
  • Lot Size 42.87 Acre
  • Parking Spaces Avail. 199
  • Parking Ratio 0.55 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2004

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Detroit

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Detroit Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent

  • Transit Score ®

    43/100 Some Transit

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood East Riverside
  • Zip Code 48215
  • Market Detroit

Points of Interest

  • Bricktown

    4.67 miles

  • Greektown

    4.69 miles

  • Renaissance Center

    4.73 miles

  • Millender Center

    4.81 miles

  • Cadillac Center

    4.89 miles

  • Broadway

    4.93 miles

  • Campus Martius

    4.99 miles

  • Congress Street

    4.99 miles

  • Grand Circus Park

    5.01 miles

  • Montcalm Street

    5.02 miles

  • Exxon

    0.35 miles

  • BP

    0.78 miles

  • Citgo

    1.16 miles

  • Citgo

    1.21 miles

  • Mobil

    1.24 miles

  • Marathon

    1.28 miles

  • Citgo

    1.36 miles

  • Mobil

    1.41 miles

  • Sunoco

    1.53 miles

  • Sunoco

    1.55 miles

  • FCA Employee Parking

    0.51 miles

  • FCA Employee Parking

    0.81 miles

  • WCCC Eastern Campus Lot

    2.42 miles

  • Indycar Pit Parking

    2.76 miles

  • River Place Parking Garage

    3.47 miles

  • Eastern Market parking garage

    4.24 miles

  • Detroit Riverwalk Parking

    4.33 miles

  • Eastern Market Lot #8

    4.39 miles

  • River East Garage

    4.43 miles

  • D-2 Lot

    4.47 miles

  • Legends Grill

    0.63 miles

  • Detroit's Finest Coney Island

    0.73 miles

  • Rose's Fine Food

    0.87 miles

  • Krispy Krunch Chicken

    1.04 miles

  • Burger King

    1.35 miles

  • Manhattan Fish and Chips

    1.36 miles

  • Palace Pizza

    1.37 miles

  • McDonald's

    1.37 miles

  • Coriander Kitchen and Farm

    1.49 miles

  • McDonald's

    1.52 miles

  • Parkway Foods

    0.53 miles

  • ALDI

    1.57 miles

  • Sprout House

    1.61 miles

  • Save-A-Lot

    1.65 miles

  • Indian Village Market

    1.74 miles

  • Forman Mills

    1.81 miles

  • Janes Market Liquor Store

    2.21 miles

  • Wonder Foods Supermarket

    2.49 miles

  • Thrifty Scot

    2.65 miles

  • Kroger

    2.78 miles

  • Engine Number 32 Fire Station

    0.38 miles

  • King Pharmacy

    0.49 miles

  • Precinct 5 Police Station

    0.52 miles

  • CVS Pharmacy

    0.52 miles

  • Engine Number 38 Fire Station

    0.72 miles

  • DCHC East Riverside Health

    0.78 miles

  • Northeast Integrated Health

    0.96 miles

  • DMC Riverview Clinic

    1.06 miles

  • Detroit 5th Precinct

    1.19 miles

  • Knight Drugs

    1.37 miles

Frequently Asked Questions

What is the total square footage of 11851 Freud Street?

11851 Freud Street totals 362,400 square feet.

When was this property built?

11851 Freud Street was built in 2004.

What is the market value for 11851 Freud Street?

The market value* for 11851 Freud Street in 2022 was $7,779,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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