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3245 Hubbard Street

Off-Market

3245 Hubbard Street, Detroit, MI 48210

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 51,538 SF
  • Lot Size 1.9 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1930

Location

  • Walk Score ® Car-Dependent (45)
  • Transit Score ® Some Transit (46)
  • Bike Score ® Very Bikeable (80)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Vernor - Junction
  • Zip Code 48210
  • Market Detroit

Points of Interest

Checker Cab #977

1.99 miles

Mack Avenue

2.37 miles

Sproat Street

2.39 miles

Canfield Street

2.40 miles

Michigan

2.40 miles

Times Square

2.41 miles

West Riverfront

2.42 miles

Montcalm Street

2.44 miles

Warren Avenue

2.47 miles

Grand Circus Park

2.50 miles

Bedrock QLDC 2

1.58 miles

Wayne State University - Lot #50

1.94 miles

Citgo

2.05 miles

Wayne State University - Parking Structure #5

2.22 miles

Bedrock Kahn Garage

2.27 miles

Wayne State University - Parking Structure #8

2.36 miles

Wayne State University - Parking Structure #6

2.45 miles

Bedrock John R 1

2.51 miles

Beaubien Place Garage

3.13 miles

Sunoco

4.21 miles

WSU Lot 52

2.09 miles

St. Gabriel Parish Parking Lot

2.13 miles

Federal Parking Lot 1

2.30 miles

Trolley Plaza Garage

2.43 miles

WSU Lot 33

2.60 miles

Park Shelton Garage

2.61 miles

WSU Lot 59

2.62 miles

Vistor Parking Lot B

5.93 miles

Dearborn Hills Golf Course Parking - Free

9.13 miles

Wyandotte Parking Lot 10

9.31 miles

Little Caesars

0.88 miles

Taqueria Lupita's

0.93 miles

Harmonie Garden

2.08 miles

SheWolf Pastificio

2.16 miles

Rusted Crow

2.41 miles

Sausage House

2.60 miles

Detroit Made Market

2.66 miles

Bucharest Grill

2.89 miles

Louie's Corned Beef and Ham

3.25 miles

Hungry Howie's

5.18 miles

Supermercado la Jalisciense

0.80 miles

Algo Especial Super Market

1.14 miles

Garden Fresh Marketplace

1.39 miles

Family Foods Superstore

2.78 miles

Food Pride Super Market

2.80 miles

Royal Plaza

4.34 miles

CGX

4.72 miles

Target

5.12 miles

Big Lots

5.30 miles

Burlington

5.31 miles

Salvation Army Detroit Harbor Light

0.64 miles

Rite Health Farmacía

1.03 miles

Clínica Médica Familiar

1.09 miles

Southwest Discount Pharmacy

1.11 miles

Elite Health

1.13 miles

Detroit Police Department HQ

2.12 miles

Detroit Engine No. 5

2.17 miles

Knight Drugs

2.40 miles

Henry Ford Hospital

2.55 miles

John D. Dingell VA Medical Center

2.60 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 24 Nov, 2015
  • 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.

  • 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 $24,437
  • Current Tax $6,490
  • Market Value* $565,400
  • Assessed Value $565,400

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 3245 Hubbard Street?

3245 Hubbard Street totals 51,538 square feet.

When was this property built?

3245 Hubbard Street was built in 1930.

When was 3245 Hubbard Street last sold?

3245 Hubbard Street was last sold on 24 Nov, 2015.

What is the market value for 3245 Hubbard Street?

The market value* for 3245 Hubbard Street in 2021 was $565,400.
*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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