1950 Medbury Street

Off-Market

1950 Medbury Street, Detroit, MI 48211

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

  • Property Type Industrial - Manufacturing
  • Property Size 38,184 SF
  • Lot Size 14.23 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1950

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

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 ®

    26/100 Car-Dependent
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48211
  • Market Detroit

Points of Interest

  • Amsterdam Street

    1.09 miles

  • Baltimore Street

    1.12 miles

  • Ferry Street

    1.12 miles

  • Detroit

    1.14 miles

  • Grand Boulevard

    1.16 miles

  • Warren Avenue

    1.21 miles

  • Canfield Street

    1.44 miles

  • Mack Avenue

    1.75 miles

  • Martin Luther King Junior Boulevard

    1.77 miles

  • Checker Cab #977

    2.07 miles

  • Marathon

    0.28 miles

  • Sunoco

    0.72 miles

  • Mobil

    0.74 miles

  • Mobil

    0.77 miles

  • Marathon

    0.85 miles

  • Citgo

    1.01 miles

  • Mobil

    1.04 miles

  • BP

    1.07 miles

  • Marathon

    1.08 miles

  • Wayne State University - Parking Structure #6

    1.28 miles

  • Kirby Center Lofts Lot

    0.72 miles

  • CCS Parking Structure

    0.93 miles

  • John R Lot

    0.93 miles

  • WSU Lot 35

    1.02 miles

  • DIA Visitor Parking

    1.02 miles

  • WSU Lot 12

    1.05 miles

  • DIA Staff Parking

    1.06 miles

  • Kresge Parking Deck

    1.06 miles

  • DMC Lot

    1.08 miles

  • Lot 12

    1.09 miles

  • Krispy Krunchy Chicken

    0.76 miles

  • Parks Old Style Bar-B-Q

    0.89 miles

  • Bucharest Grill

    0.97 miles

  • Z's Villa

    1.03 miles

  • Subway

    1.05 miles

  • Domino's

    1.07 miles

  • White Castle

    1.08 miles

  • Yum Village

    1.11 miles

  • Baobab Fare

    1.13 miles

  • Supino Pizza

    1.15 miles

  • Food Pride Super Market

    0.99 miles

  • Save-A-Lot

    1.42 miles

  • Whole Foods Market

    1.65 miles

  • King Cole Foods

    1.78 miles

  • University Foods

    1.79 miles

  • Gratiot Central Market

    1.99 miles

  • Fruit Market

    2.01 miles

  • Al-Haramain International Foods

    2.01 miles

  • Family Foods Superstore

    2.40 miles

  • Janes Market Liquor Store

    2.50 miles

  • Engine Number 23 Fire Station

    0.78 miles

  • Kresge Eye Institute

    1.03 miles

  • CVS Pharmacy

    1.06 miles

  • WSU Police Department

    1.16 miles

  • Karmanos Cancer Institute

    1.19 miles

  • Waller Health Center

    1.21 miles

  • John D. Dingell VA Medical Center

    1.24 miles

  • Engine Co. 17 Fire Station

    1.27 miles

  • DMC Children's Hospital of Michigan Specialty Center

    1.31 miles

  • Wayne County Sheriff's Office

    1.34 miles

Frequently Asked Questions

What is the total square footage of 1950 Medbury Street?

1950 Medbury Street totals 38,184 square feet.

When was this property built?

1950 Medbury Street was built in 1950.

What is the market value for 1950 Medbury Street?

The market value* for 1950 Medbury Street in 2021 was $1,116,200.
*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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