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6501 Lynch Road

Off-Market

6501 Lynch Road, Detroit, MI 48234

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  • Property Type Industrial - Manufacturing
  • Property Size 218,000 SF
  • Lot Size 33.22 Acre
  • Parking Spaces Avail. 152
  • Parking Ratio 0.70 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1998

Location

  • Walk Score ® Car-Dependent (6)
  • Transit Score ® Some Transit (37)
  • Bike Score ® Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Airport
  • Zip Code 48234
  • Market Detroit

Points of Interest

Baltimore Street

3.29 miles

Amsterdam Street

3.38 miles

Ferry Street

3.59 miles

Warren Avenue

3.74 miles

Canfield Street

3.99 miles

Sproat Street

4.60 miles

Checker Cab #977

4.62 miles

Adelaide Street

4.64 miles

Montcalm Street

4.75 miles

Grand Circus Park

4.93 miles

Sunoco

0.62 miles

Valero

3.60 miles

Detroit Pistons Performance Center

3.74 miles

Wayne State University - Parking Structure #6

3.79 miles

Wayne State University - Parking Structure #5

3.96 miles

Wayne State University - Lot #50

4.25 miles

Citgo

4.44 miles

Marathon

4.93 miles

BP

5.10 miles

Beaubien Place Garage

5.35 miles

New Center Place Garage

3.46 miles

WSU Lot 35

3.49 miles

HFHS Employee Parking

3.85 miles

Whitney Lot

3.95 miles

Eastern Market parking garage

4.06 miles

Cass Plaza Lot

4.38 miles

ODM Lot I

4.97 miles

BCBS Employee Deck

5.06 miles

Church parking lot

6.21 miles

Lafayette Avenue Parking Structure

8.17 miles

Jet's Pizza

1.44 miles

Rio's Coney Island

1.84 miles

Fry Guy (DoorDash Us)

3.21 miles

Louisiana Creole Gumbo

3.96 miles

Royale with Cheese

4.19 miles

Burger King

4.59 miles

Detroit's Finest Coney Island

4.94 miles

The District Grill

5.44 miles

Detroit Made Market

5.59 miles

Applebee's

5.63 miles

Al-Haramain International Foods

1.22 miles

The Shops at Woodward Place

3.50 miles

Family Fair Marketplace

4.57 miles

CGX

4.74 miles

Shoppers Market Plus

4.91 miles

Marshalls

5.21 miles

Shoppers World

5.73 miles

Eastland Center

5.75 miles

Aaron's

6.27 miles

The Rust Belt Market

6.43 miles

Engine Number 47 Fire Station

1.15 miles

Detroit Police Department Eleventh Precinct

1.62 miles

CVS Pharmacy

1.84 miles

St. John Providence Hospital

2.55 miles

Engine Number 50 Fire Station

2.60 miles

Highland Park Police

2.98 miles

Renaissance Medical Center East

3.09 miles

William Clay Ford Center for Athletic Medicine

3.48 miles

Highland Park Police

3.49 miles

John D. Dingell VA Medical Center

3.79 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 17 Mar, 2021
  • 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 $175,666
  • Current Tax $61,398
  • Market Value* $4,064,400
  • Assessed Value $4,064,400

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 6501 Lynch Road?

6501 Lynch Road totals 218,000 square feet.

When was this property built?

6501 Lynch Road was built in 1998.

When was 6501 Lynch Road last sold?

6501 Lynch Road was last sold on 17 Mar, 2021.

What is the market value for 6501 Lynch Road?

The market value* for 6501 Lynch Road in 2021 was $4,064,400.
*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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