1939 Adelaide Street

Off-Market

1939 Adelaide Street, Detroit, MI 48207

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

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 47,646 SF
  • Lot Size 0.99 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1929

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 17 Jul, 2018
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

  • Greektown

    1.02 miles

  • Adelaide Street

    1.05 miles

  • Sproat Street

    1.06 miles

  • Montcalm Street

    1.06 miles

  • Bricktown

    1.08 miles

  • Broadway

    1.11 miles

  • Grand Circus Park

    1.13 miles

  • Mack Avenue

    1.13 miles

  • Martin Luther King Junior Boulevard

    1.14 miles

  • Cadillac Center

    1.16 miles

  • BP

    0.18 miles

  • Exxon

    0.64 miles

  • Marathon

    0.79 miles

  • Bedrock John R 1

    0.94 miles

  • Mobil

    0.96 miles

  • Shell

    0.99 miles

  • Marathon

    1.02 miles

  • Speedway

    1.10 miles

  • Citgo

    1.12 miles

  • Marathon

    1.28 miles

  • Eastern Market parking garage

    0.23 miles

  • Eastern Market Lot #8

    0.41 miles

  • Ford Field Lot 6

    0.67 miles

  • Ford Field Parking Deck

    0.70 miles

  • Ford Field Lot 4

    0.74 miles

  • Ford Field Lot 5

    0.79 miles

  • Prime Parking Lot 1

    0.83 miles

  • Hollywood Casino at Greektown Parking

    0.86 miles

  • Tigers/Lions Parking Garage

    0.86 miles

  • 1500 Beaubien Lot

    0.87 miles

  • Louisiana Creole Gumbo

    0.08 miles

  • Cutter's

    0.11 miles

  • Burger King

    0.14 miles

  • BB's Butcher's Inn

    0.21 miles

  • Farmer's Restaurant

    0.22 miles

  • Jose’s Tacos

    0.22 miles

  • Casings & Twine

    0.23 miles

  • Beyond Juice and Eatery

    0.30 miles

  • Stache International

    0.31 miles

  • Zef's Coney Island

    0.31 miles

  • Gratiot Central Market

    0.30 miles

  • Family Fair Marketplace

    0.83 miles

  • Rivertown Market

    0.99 miles

  • Amori's Marketplace

    1.05 miles

  • Whole Foods Market

    1.07 miles

  • Gordon Food Service

    1.08 miles

  • Save-A-Lot

    1.18 miles

  • City Market Detroit

    1.21 miles

  • Harbortown Market

    1.32 miles

  • Food Pride Super Market

    1.35 miles

  • DFD Ladder No. 5/3rd battalion/Engine No. 6

    0.34 miles

  • Engine House #11

    0.47 miles

  • Tolan Park Medical Building

    0.86 miles

  • DMC Children's Hospital of Michigan Specialty Center

    0.91 miles

  • Detroit Behavioral Institute

    0.99 miles

  • Concentra Urgent Care

    1.05 miles

  • Detroit Medical Center

    1.06 miles

  • Pharmor

    1.11 miles

  • Engine Number 9 Fire Station

    1.15 miles

  • CVS Pharmacy

    1.16 miles

Frequently Asked Questions

What is the total square footage of 1939 Adelaide Street?

1939 Adelaide Street totals 47,646 square feet.

When was this property built?

1939 Adelaide Street was built in 1929.

When was 1939 Adelaide Street last sold?

1939 Adelaide Street was last sold on 17 Jul, 2018.

What is the market value for 1939 Adelaide Street?

The market value* for 1939 Adelaide Street in 2021 was $859,200.
*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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