12400 Burt Road

Off-Market

12400 Burt Road, Detroit, MI 48228

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

  • Property Type Industrial - Manufacturing
  • Property Size 104,000 SF
  • Lot Size 7.04 Acre
  • Parking Spaces Avail. 130
  • Parking Ratio 1.25 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1960

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 Date 26 Apr, 1996
  • 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 ®

    24/100 Car-Dependent
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Cody
  • Zip Code 48228
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.96 miles

  • Dearborn

    4.98 miles

  • Smith's Creek Depot Station

    5.00 miles

  • Walnut Grove Station

    5.09 miles

  • Firestone Station

    5.15 miles

  • Grand Boulevard

    8.78 miles

  • Baltimore Street

    8.85 miles

  • Detroit

    8.86 miles

  • Amsterdam Street

    8.95 miles

  • Royal Oak

    9.12 miles

  • Citgo

    0.46 miles

  • Coast Fuel

    0.51 miles

  • Citgo

    0.67 miles

  • Marathon

    0.70 miles

  • Mobil

    0.74 miles

  • BP

    0.75 miles

  • Clark

    0.84 miles

  • Sunoco

    0.91 miles

  • Sunoco

    1.18 miles

  • Mobil

    1.23 miles

  • Vistor Parking Lot A

    3.10 miles

  • Vistor Parking Lot B

    3.12 miles

  • Parking Lot G

    3.18 miles

  • Parking Lot C

    3.18 miles

  • Parking Lot D

    3.21 miles

  • Parking Lot E

    3.25 miles

  • Paid Parking

    3.55 miles

  • Monteith Parking Structure

    4.05 miles

  • MRC parking lot

    4.33 miles

  • Arjay Miller Arboretum Parking

    4.58 miles

  • Burger King

    0.53 miles

  • Prince Pizza

    1.02 miles

  • Cottage Inn Pizza

    1.22 miles

  • Uncle Bones BBQ

    1.22 miles

  • L. George's Coney Island

    1.54 miles

  • Grandy's Coney Island

    1.59 miles

  • Fish and Chicken

    1.61 miles

  • Krispy Krunchy Chicken

    1.62 miles

  • McDonald's

    1.66 miles

  • Scotty Simpson’s Fish and Chips

    1.68 miles

  • Save-A-Lot

    0.55 miles

  • Saturn Super Foods

    1.52 miles

  • Sea-Way Supermarket

    1.58 miles

  • Sun Valley Supermarket

    1.95 miles

  • Royal Fresh Market

    1.97 miles

  • Burlington

    2.03 miles

  • ALDI

    2.10 miles

  • Randazzo Fresh Market

    2.23 miles

  • Park to Shop

    2.26 miles

  • Meijer

    2.36 miles

  • Engine Number 57 Fire Station

    0.58 miles

  • Detroit Police Department - The Great Northwest District

    1.04 miles

  • Marie's Chiropractic Health

    1.56 miles

  • Crown Drugs

    1.84 miles

  • Engine Number 55 Fire Station

    2.01 miles

  • CVS Pharmacy

    2.02 miles

  • Tisdale Community Pharmacy

    2.03 miles

  • DMC Grand River Health Center

    2.05 miles

  • CVS Pharmacy

    2.07 miles

  • Walgreens

    2.12 miles

Frequently Asked Questions

What is the total square footage of 12400 Burt Road?

12400 Burt Road totals 104,000 square feet.

When was this property built?

12400 Burt Road was built in 1960.

When was 12400 Burt Road last sold?

12400 Burt Road was last sold on 26 Apr, 1996.

What is the market value for 12400 Burt Road?

The market value* for 12400 Burt Road in 2022 was $2,184,000.

*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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