18615 Sherwood Street

Off-Market

18615 Sherwood Street, Detroit, MI 48234

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 92,052 SF
  • Lot Size 4.25 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1969

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 01 Dec, 2011
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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 ®

    43/100 Car-Dependent

  • Transit Score ®

    49/100 Some Transit

  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • Market Detroit

Points of Interest

  • Grand Boulevard

    4.62 miles

  • Baltimore Street

    4.71 miles

  • Detroit

    4.78 miles

  • Amsterdam Street

    4.84 miles

  • Ferry Street

    5.11 miles

  • Warren Avenue

    5.28 miles

  • Canfield Street

    5.58 miles

  • Mack Avenue

    5.90 miles

  • Martin Luther King Junior Boulevard

    5.92 miles

  • Checker Cab #977

    6.22 miles

  • Citgo

    0.52 miles

  • Citgo

    0.59 miles

  • Sunoco Van Dyke Petrol

    0.68 miles

  • Mobil

    0.71 miles

  • Sunoco

    0.85 miles

  • Citgo

    0.94 miles

  • Valero

    0.96 miles

  • Marathon

    1.07 miles

  • Mobil

    1.08 miles

  • BP

    1.13 miles

  • WCCC Eastern Campus Lot

    3.51 miles

  • Chess Row

    3.99 miles

  • Lot 12

    4.48 miles

  • New Center Garage

    4.63 miles

  • John R Lot

    4.67 miles

  • Cass Avenue Garage

    4.73 miles

  • CCS Woodward Lot

    4.74 miles

  • Fisher Building Garage

    4.76 miles

  • New Center Place Garage

    4.81 miles

  • Kirby Center Lofts Lot

    4.82 miles

  • Lou's Coney Island

    0.47 miles

  • Subway

    0.71 miles

  • Motown Cafe & Grill

    0.80 miles

  • Marcus Hamburgers

    0.81 miles

  • McDonald's

    0.88 miles

  • Burger King

    0.89 miles

  • Detroit Grill & Deli

    1.13 miles

  • Wendy's

    1.32 miles

  • The Ham Palace

    1.37 miles

  • Nono's Pizza

    1.59 miles

  • New Pick And Save Market

    0.38 miles

  • 7 Mile Foods

    0.71 miles

  • Food Palace Supermarket

    1.08 miles

  • Grocery Outlet

    1.68 miles

  • Glory Supermarket

    2.09 miles

  • Save-A-Lot

    2.17 miles

  • Shoppers Market

    2.19 miles

  • Saveway

    2.33 miles

  • Al-Haramain International Foods

    2.34 miles

  • Royal Supermarket

    2.42 miles

  • Engine Number 47 Fire Station

    0.61 miles

  • Detroit Police Department Eleventh Precinct

    0.93 miles

  • CVS Pharmacy

    0.93 miles

  • St. John Providence Hospital

    1.08 miles

  • Engine Number 56 Fire Station

    1.46 miles

  • Engine Number 60 Fire Station

    1.63 miles

  • Walter P. Harris Regional Training Center

    2.04 miles

  • Walgreens

    2.23 miles

  • Hamtramck Medical Urgent Care

    2.31 miles

  • Hamtramck Police

    2.36 miles

Frequently Asked Questions

What is the total square footage of 18615 Sherwood Street?

18615 Sherwood Street totals 92,052 square feet.

When was this property built?

18615 Sherwood Street was built in 1969.

When was 18615 Sherwood Street last sold?

18615 Sherwood Street was last sold on 01 Dec, 2011.

What is the market value for 18615 Sherwood Street?

The market value* for 18615 Sherwood Street in 2022 was $1,445,800.
*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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