5900 Commonwealth Street

Off-Market

5900 Commonwealth Street, Detroit, MI 48208

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

  • Property Type Industrial - Manufacturing
  • Property Size 136,436 SF
  • Lot Size 3.59 Acre
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1969

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 28 Jul, 2020
  • 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.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Transit Score ®

    53/100 Good Transit
  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rosa Parks
  • Zip Code 48208
  • Market Detroit

Points of Interest

  • Detroit

    0.77 miles

  • Amsterdam Street

    0.79 miles

  • Baltimore Street

    0.82 miles

  • Ferry Street

    0.87 miles

  • Grand Boulevard

    0.87 miles

  • Warren Avenue

    1.02 miles

  • Canfield Street

    1.31 miles

  • Checker Cab #977

    1.59 miles

  • Mack Avenue

    1.65 miles

  • Martin Luther King Junior Boulevard

    1.66 miles

  • Detroit Pistons Performance Center

    0.39 miles

  • Wayne State University - Parking Structure #5

    0.57 miles

  • Mobil

    0.65 miles

  • Wayne State University - Lot #50

    0.68 miles

  • Valero

    0.80 miles

  • BP

    0.81 miles

  • Marathon

    0.88 miles

  • Wayne State University - Parking Structure #6

    0.97 miles

  • Citgo

    1.14 miles

  • Citgo

    1.15 miles

  • Brigitte Harris Cancer Pavilion Garage

    0.29 miles

  • HAP Lot B

    0.31 miles

  • HAP Lot A

    0.36 miles

  • HAP Lot C

    0.38 miles

  • Lot 30

    0.40 miles

  • F Lot

    0.45 miles

  • HFHS Guest Parking

    0.49 miles

  • HFHS Employee Parking

    0.53 miles

  • HFHS Patient Employee Garage

    0.54 miles

  • Parking Structure 5

    0.55 miles

  • KFC

    0.31 miles

  • Papa's Soul Food and Grill

    0.32 miles

  • Papa's Pizza

    0.35 miles

  • Zo's Good Burger

    0.48 miles

  • McDonald's

    0.52 miles

  • Pie-Sci

    0.52 miles

  • Panda Express

    0.70 miles

  • Taco Bell

    0.70 miles

  • Cuisine

    0.71 miles

  • Byblos Café and Grill

    0.77 miles

  • University Foods

    0.76 miles

  • Save-A-Lot

    0.91 miles

  • Family Foods Superstore

    1.04 miles

  • Food Pride Super Market

    1.35 miles

  • King Cole Foods

    1.52 miles

  • Whole Foods Market

    1.65 miles

  • Dollar General

    1.78 miles

  • Food Farm Super Market

    2.33 miles

  • Algo Especial Super Market

    2.47 miles

  • Honey Bee Market La Colmena

    2.47 miles

  • Andy's Pharmacy

    0.30 miles

  • CVS Pharmacy

    0.35 miles

  • PharMore

    0.36 miles

  • Henry Ford Hospital

    0.45 miles

  • Gateway Health Center

    0.46 miles

  • DPD 3rd Precinct

    0.50 miles

  • William Clay Ford Center for Athletic Medicine

    0.59 miles

  • Engine Co. 17 Fire Station

    0.61 miles

  • University Pharmacy

    0.63 miles

  • Detroit Police Training Academy

    0.63 miles

Frequently Asked Questions

What is the total square footage of 5900 Commonwealth Street?

5900 Commonwealth Street totals 136,436 square feet.

When was this property built?

5900 Commonwealth Street was built in 1969.

When was 5900 Commonwealth Street last sold?

5900 Commonwealth Street was last sold on 28 Jul, 2020.

What is the market value for 5900 Commonwealth Street?

The market value* for 5900 Commonwealth Street in 2022 was $1,448,800.
*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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