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4600 Merritt Street

Off-Market

4600 Merritt Street, Detroit, MI 48209

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  • Property Type Industrial - Manufacturing
  • Property Size 148,596 SF
  • Lot Size 7.69 Acre
  • Parking Spaces Avail. 111
  • Parking Ratio 0.75 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1980

Location

  • Walk Score ® Car-Dependent (47)
  • Transit Score ® Some Transit (47)
  • Bike Score ® Bikeable (62)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Vernor - Junction
  • Zip Code 48209
  • Market Detroit

Points of Interest

Checker Cab #977

2.35 miles

West Riverfront

2.54 miles

Michigan

2.60 miles

Times Square

2.63 miles

Sproat Street

2.71 miles

Montcalm Street

2.73 miles

Grand Circus Park

2.75 miles

Mack Avenue

2.75 miles

Canfield Street

2.82 miles

Campus Martius

2.85 miles

Bedrock QLDC 1

1.67 miles

Bedrock QLDC 2

1.69 miles

Bedrock Corktown

1.87 miles

Citgo

2.02 miles

Wayne State University - Lot #50

2.41 miles

Wayne State University - Parking Structure #5

2.69 miles

Wayne State University - Parking Structure #6

2.90 miles

Detroit Pistons Performance Center

2.94 miles

Sunoco

3.13 miles

Beaubien Place Garage

3.30 miles

Howard Lot C

2.18 miles

Rainer Court Lot

2.37 miles

2961 2nd Lot

2.38 miles

2721 Cass Lot

2.48 miles

238 W Adams Lot

2.56 miles

WSU Lot 72

2.74 miles

WSU Lot 62

2.80 miles

Lot 37

3.02 miles

WSU Lot 14

3.23 miles

Lot 12

3.62 miles

Burger King

0.75 miles

Jet's Pizza

2.53 miles

Traffic Jam and Snug

2.58 miles

Tropical Smoothie Cafe

2.76 miles

Detroit Made Market

2.79 miles

Tin Roof Detroit

2.81 miles

Jose’s Tacos

3.55 miles

rams horn halal

4.84 miles

Three Star Bar-B-Q

5.82 miles

U of D Coney Island

6.21 miles

Food Farm Super Market

3.85 miles

Family Fair Marketplace

4.19 miles

Royal Plaza

4.30 miles

CGX

4.96 miles

Burlington

5.14 miles

Big Lots

5.15 miles

Value Save Food Center

5.22 miles

Glory Supermarket

5.77 miles

The Shops at Woodward Place

5.87 miles

Macy's

6.10 miles

Engine Number 34 Fire Station

2.12 miles

New Center Community Mental Health

2.28 miles

University Pharmacy

2.72 miles

Detroit Behavioral Institute

2.89 miles

John D. Dingell VA Medical Center

3.03 miles

Henry Ford Hospital

3.04 miles

Detroit Medical Center

3.05 miles

Kresge Eye Institute

3.23 miles

Beaumont Schaefer Clinic

3.74 miles

Precinct 10 Police Station

4.02 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 14 Mar, 1997
  • 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 $94,679
  • Current Tax $41,768
  • Market Value* $2,190,600
  • Assessed Value $2,190,600

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 4600 Merritt Street?

4600 Merritt Street totals 148,596 square feet.

When was this property built?

4600 Merritt Street was built in 1980.

When was 4600 Merritt Street last sold?

4600 Merritt Street was last sold on 14 Mar, 1997.

What is the market value for 4600 Merritt Street?

The market value* for 4600 Merritt Street in 2021 was $2,190,600.
*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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