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18700 Meyers

Off-Market

18700 Meyers, Detroit, MI 48235

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  • Property Type Retail - Freestanding Big Box
  • Property Size 150,160 SF
  • Lot Size 9.81 Acre
  • Property Tenancy Single Tenant
  • Year Built 1998

Location

  • Walk Score ® Car-Dependent (45)
  • Transit Score ® Good Transit (50)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Bagley
  • Zip Code 48235
  • Market Detroit

Points of Interest

CDM Transport LLC

1.22 miles

Baltimore Street

6.46 miles

Detroit

6.50 miles

Amsterdam Street

6.63 miles

Ferry Street

7.00 miles

Warren Avenue

7.25 miles

Canfield Street

7.62 miles

Troy

7.97 miles

Checker Cab #977

7.98 miles

Mack Avenue

8.01 miles

Ferndale Public Library

2.86 miles

Marathon

4.84 miles

Sunoco

5.05 miles

BP

5.29 miles

Marathon

6.13 miles

Cambridge Oil

6.38 miles

Shell

6.73 miles

Wayne State University - Parking Structure #5

6.91 miles

BP

7.03 miles

Wayne State University - Lot #50

7.07 miles

Parking Lot G

2.64 miles

Town Center Parking

5.07 miles

Fisher Building Garage

6.20 miles

CCS Parking Structure

6.45 miles

WSU Lot 56

7.35 miles

Orchestra Place Parking Deck

7.92 miles

1745 Cass Lot

8.80 miles

620 Third

9.17 miles

441 W Fort

9.18 miles

Millenium Garage

9.21 miles

Red Olive Family Restaurants

2.59 miles

Popeyes

2.89 miles

M-Brew

2.95 miles

Rogue Estate BBQ

3.36 miles

Little Caesars

3.63 miles

Iron Horse

4.22 miles

A & W

5.42 miles

Wendy's

6.23 miles

L Georges Coney Island

6.26 miles

McDonald's

7.01 miles

The Rust Belt Market

2.83 miles

King Saver Foods

3.45 miles

Save-A-Lot

4.16 miles

Kroger

4.19 miles

Royal Plaza

5.87 miles

Redford Oaks

6.28 miles

Redford Oaks

6.37 miles

One Dollar Plus

6.65 miles

Market Fresh

6.80 miles

Target

6.85 miles

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 12 Nov, 2010
  • 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 $91,515
  • Current Tax $28,586
  • Market Value* $2,117,400
  • Assessed Value $2,117,400

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 18700 Meyers?

18700 Meyers totals 150,160 square feet.

When was this property built?

18700 Meyers was built in 1998.

When was 18700 Meyers last sold?

18700 Meyers was last sold on 12 Nov, 2010.

What is the market value for 18700 Meyers?

The market value* for 18700 Meyers in 2021 was $2,117,400.
*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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