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3855 Outer Drive East

Off-Market

3855 Outer Drive East, Detroit, MI 48234

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  • Property Type Industrial - Manufacturing
  • Property Size 127,778 SF
  • Lot Size 4.94 Acre
  • Parking Spaces Avail. 38
  • Parking Ratio 0.30/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1950

Location

  • Walk Score ® Car-Dependent (41)
  • Transit Score ® Some Transit (49)
  • Bike Score ® Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • Market Detroit

Points of Interest

Grand Boulevard

5.26 miles

Grand Boulevard

5.27 miles

Baltimore Street

5.37 miles

Baltimore Street

5.37 miles

Detroit

5.43 miles

Amsterdam Street

5.50 miles

Amsterdam Street

5.51 miles

Ferry Street

5.79 miles

Ferry Street

5.79 miles

Warren Avenue

5.97 miles

Sunoco

0.60 miles

BP

0.66 miles

Citgo

0.70 miles

Valero

0.80 miles

Citgo

0.83 miles

Sunoco

0.84 miles

Citgo

0.85 miles

Clark

0.96 miles

Marathon

0.96 miles

Valero

1.03 miles

Chess Row

4.11 miles

WCCC Eastern Campus Lot

4.13 miles

Parking Garage

4.54 miles

Parking Garage

4.58 miles

Parking Garage

4.70 miles

Lawrence C. Falvey Parking Lot

5.08 miles

Church parking lot

5.09 miles

Parking Garage

5.13 miles

Lot 12

5.13 miles

US Post Office Parking lLot

5.20 miles

Burger King

0.57 miles

McDonald's

0.62 miles

Motown Cafe & Grill

0.63 miles

Lou's Coney Island

0.64 miles

Wendy's

0.66 miles

Detroit Grill & Deli

0.66 miles

Nono's Pizza

0.94 miles

McDonald's

1.08 miles

Subway

1.37 miles

Krispy Krunchy Chicken

1.45 miles

New Pick And Save Market

0.68 miles

7 Mile Foods

0.90 miles

Food Palace Supermarket

1.14 miles

Shoppers Market

1.50 miles

Royal Supermarket

1.79 miles

Glory Supermarket

1.85 miles

Save-A-Lot

1.89 miles

Grocery Outlet

2.17 miles

Imperial Supermarket

2.36 miles

Saveway

2.42 miles

CVS Pharmacy

0.63 miles

St. John Providence Hospital

0.84 miles

Engine Number 47 Fire Station

1.32 miles

Detroit Police Department Eleventh Precinct

1.35 miles

Walgreens

1.54 miles

Engine Number 60 Fire Station

1.58 miles

Engine Number 56 Fire Station

1.60 miles

Rite Aid

1.97 miles

Rite Aid

2.40 miles

Rite Aid

2.42 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 May, 2011
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 $59,065
  • Current Tax $15,799
  • Market Value* $1,366,600
  • Assessed Value $1,366,600

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 3855 Outer Drive East?

3855 Outer Drive East totals 127,778 square feet.

When was this property built?

3855 Outer Drive East was built in 1950.

When was 3855 Outer Drive East last sold?

3855 Outer Drive East was last sold on 10 May, 2011.

What is the market value for 3855 Outer Drive East?

The market value* for 3855 Outer Drive East in 2021 was $1,366,600.
*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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