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5470 Hecla Street

Off-Market

5470 Hecla Street, Detroit, MI 48208

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 225,091 SF
  • Lot Size 3.61 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1928

Location

  • Walk Score ® Somewhat Walkable (55)
  • Transit Score ® Good Transit (54)
  • Bike Score ® Very Bikeable (73)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rosa Parks
  • Zip Code 48208
  • Market Detroit

Points of Interest

Ferry Street

0.93 miles

Ferry Street

0.94 miles

Amsterdam Street

0.97 miles

Amsterdam Street

0.98 miles

Detroit

1.00 miles

Warren Avenue

1.00 miles

Warren Avenue

1.02 miles

Baltimore Street

1.05 miles

Baltimore Street

1.06 miles

Grand Boulevard

1.13 miles

Mobil

0.38 miles

Wayne State University - Lot #50

0.49 miles

Wayne State University - Parking Structure #5

0.54 miles

Detroit Pistons Performance Center

0.60 miles

Valero

0.84 miles

BP

0.90 miles

Marathon

0.91 miles

Wayne State University - Parking Structure #6

0.94 miles

Marathon

0.96 miles

BP

0.97 miles

Lot 30

0.22 miles

Lot 40

0.44 miles

Lot 50

0.47 miles

Parking Structure 2

0.52 miles

Parking Structure 5

0.53 miles

Brigitte Harris Cancer Pavilion Garage

0.60 miles

HAP Lot B

0.61 miles

Lot 31

0.63 miles

WSU Lot 51

0.63 miles

WSU Lot 52

0.66 miles

Pie-Sci

0.27 miles

Papa's Soul Food and Grill

0.52 miles

BARDA

0.58 miles

KFC

0.61 miles

Legends Grill

0.62 miles

Papa's Pizza

0.65 miles

Panda Express

0.69 miles

Taco Bell

0.69 miles

Jet's Pizza

0.77 miles

Harmonie Garden

0.78 miles

University Foods

0.57 miles

Save-A-Lot

0.66 miles

Family Foods Superstore

1.29 miles

Food Pride Super Market

1.34 miles

Whole Foods Market

1.51 miles

King Cole Foods

1.83 miles

Dollar General

1.92 miles

Algo Especial Super Market

2.16 miles

Honey Bee Market La Colmena

2.16 miles

Supermercado la Jalisciense

2.40 miles

CVS Pharmacy

0.58 miles

Detroit Police Training Academy

0.58 miles

Andy's Pharmacy

0.59 miles

University Pharmacy

0.60 miles

PharMore

0.66 miles

Gateway Health Center

0.75 miles

Henry Ford Hospital

0.76 miles

Engine Co. 17 Fire Station

0.80 miles

DPD 3rd Precinct

0.80 miles

Engine Number 63 Fire Station

0.82 miles

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
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 $111,708
  • Current Tax $35,078
  • Market Value* $2,584,600
  • Assessed Value $2,584,600

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 5470 Hecla Street?

5470 Hecla Street totals 225,091 square feet.

When was this property built?

5470 Hecla Street was built in 1928.

What is the market value for 5470 Hecla Street?

The market value* for 5470 Hecla Street in 2021 was $2,584,600.
*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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