Crossroads

18450 Ford Road, Detroit, MI 48228

Off-Market

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  • Property Type Retail - Neighborhood Center
  • Property Size 61,215 SF
  • Lot Size 8.11 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1993

Location

  • Walk Score ® Car-Dependent (38)
  • Transit Score ® Some Transit (35)
  • Bike Score ® Somewhat Bikeable (40)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rouge
  • Zip Code 48228
  • Market Detroit

Points of Interest

Transportation

Dearborn

1.82 miles

Firestone Station

1.88 miles

CDM Transport LLC

6.16 miles

Detroit

7.96 miles

Grand Boulevard

7.97 miles

Checker Cab #977

8.04 miles

Ferry Street

8.08 miles

Warren Avenue

8.15 miles

Martin Luther King Junior Boulevard

8.37 miles

Mack Avenue

8.37 miles

Fuel station

Rhombus Energy Solutions

2.34 miles

Shell

2.68 miles

Marathon

4.54 miles

Mobil

5.31 miles

Exxon

5.67 miles

Shell

6.18 miles

Costco Gasoline

6.73 miles

Wayne State University - Lot #50

7.56 miles

Bedrock QLDC 1

7.69 miles

Wayne State University - Parking Structure #5

7.70 miles

Parking

Lot 30

7.36 miles

HFHS Patient Employee Garage

7.41 miles

VFW Hall Parking

7.51 miles

Baltimore Garage

7.73 miles

Mario's Valet Lot

7.97 miles

2055 Cass Lot

8.41 miles

240 W Adams Lot

8.46 miles

Federal Parking Lot 2

8.54 miles

DMC South Deck

8.60 miles

850 Witherell Lot

8.77 miles

Restaurants

La Thai

0.87 miles

Elmhurst Tap Room

3.21 miles

Telegraph Grill

3.24 miles

Arby's

3.62 miles

McDonald's

3.78 miles

Culver's

4.97 miles

Taco Bell

5.09 miles

Wendy's

5.93 miles

Little Caesars

6.94 miles

Jet's Pizza

7.32 miles

Stores

JCPenney

0.85 miles

Macy's

0.94 miles

One Dollar Plus

0.97 miles

Marshalls

2.83 miles

Burlington

3.68 miles

Dearborn Village Supermarket

3.69 miles

Dollar General Market

3.91 miles

Food 4 Less

4.35 miles

ALDI

5.00 miles

South Allen Center

5.06 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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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.

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

Tax

  • Base Tax $133,863
  • Current Tax $113,066
  • Market Value* $3,097,200
  • Assessed Value $3,097,200

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Crossroads?

Crossroads totals 61,215 square feet.

When was this property built?

Crossroads was built in 1993.

What is the market value for Crossroads?

The market value* for Crossroads in 2021 was $3,097,200.
*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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