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139 South Summit

Off-Market

139 South Summit, Detroit, MI 48209

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 38,568 Sqft
  • Lot Size 1.02 Acre
  • Building Class C
  • Year Built 1912

Location

  • City Detroit, MI
  • Neighborhood West Riverfront
  • Zip Code 48209
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 08 Sep, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80 %
  • 2020 Office Completions (Sqft) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2018 $6,167
  • Market Value $161,800
  • Assessed Value $161,800

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 139 South Summit?

139 South Summit totals 38,568 square feet.

When was this property built?

139 South Summit was built in 1912.

When was 139 South Summit last sold?

139 South Summit was last sold on 08 Sep, 2016.

What is the property tax for 139 South Summit?

The property tax for 139 South Summit in 2018 was $6,167.

What is the market value for 139 South Summit?

The market value for 139 South Summit in 2018 was $161,800.

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