7924 Riopelle Street

Off-Market

7924 Riopelle Street, Detroit, MI 48211

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

  • Property Type Industrial - Manufacturing
  • Property Size 145,134 SF
  • Lot Size 5.95 Acre
  • Parking Spaces Avail. 85
  • Parking Ratio 0.59 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1973

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 01 Jul, 2010
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

  • 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 ®

    53/100 Somewhat Walkable

  • Transit Score ®

    40/100 Some Transit

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Upper East Central
  • Zip Code 48211
  • Market Detroit

Points of Interest

  • Grand Boulevard

    0.95 miles

  • Baltimore Street

    1.02 miles

  • Detroit

    1.09 miles

  • Amsterdam Street

    1.14 miles

  • Ferry Street

    1.44 miles

  • Warren Avenue

    1.64 miles

  • Canfield Street

    2.00 miles

  • Mack Avenue

    2.38 miles

  • Martin Luther King Junior Boulevard

    2.40 miles

  • Checker Cab #977

    2.62 miles

  • Mobil

    0.27 miles

  • Sunoco

    0.55 miles

  • Sunoco

    0.80 miles

  • Citgo

    0.87 miles

  • Mobil

    0.97 miles

  • Marathon

    1.00 miles

  • Marathon

    1.03 miles

  • Mobil

    1.09 miles

  • BP

    1.20 miles

  • Marathon

    1.25 miles

  • Lot 12

    0.81 miles

  • John R Lot

    0.98 miles

  • New Center Garage

    1.00 miles

  • Cass Avenue Garage

    1.05 miles

  • CCS Woodward Lot

    1.06 miles

  • Fisher Building Garage

    1.13 miles

  • MDOT Lot

    1.14 miles

  • CCS Parking Structure

    1.15 miles

  • WSU Lot 12

    1.15 miles

  • New Center Place Garage

    1.18 miles

  • Krispy Krunchy Chicken

    0.28 miles

  • Grandy's Coney Island

    0.46 miles

  • Miss Virginia's Ice Cream Parlor

    0.50 miles

  • Parks Old Style Bar-B-Q

    0.61 miles

  • Yemen Cafe

    0.76 miles

  • Turkey Grill

    0.84 miles

  • Burger King

    0.88 miles

  • Baobab Fare

    0.96 miles

  • Yum Village

    0.99 miles

  • The Kitchen

    1.00 miles

  • King Cole Foods

    1.05 miles

  • Fruit Market

    1.32 miles

  • Al-Haramain International Foods

    1.38 miles

  • Food Pride Super Market

    1.59 miles

  • Family Foods Superstore

    1.94 miles

  • University Foods

    2.09 miles

  • Save-A-Lot

    2.24 miles

  • Whole Foods Market

    2.30 miles

  • Glory Supermarket

    2.55 miles

  • Save-A-Lot

    2.73 miles

  • Henry Ford Medical Center - Hamtramck

    0.69 miles

  • DMC Family Practice

    0.83 miles

  • Max Care - Medical Group and Urgent Care

    0.88 miles

  • CVS Pharmacy

    0.93 miles

  • Engine Number 35 Fire Station

    0.99 miles

  • Institute for Population Health

    1.02 miles

  • Russell's Pharmacy

    1.11 miles

  • William Clay Ford Center for Athletic Medicine

    1.20 miles

  • Hamtramck Fire Department

    1.21 miles

  • WSU Police Department

    1.24 miles

Frequently Asked Questions

What is the total square footage of 7924 Riopelle Street?

7924 Riopelle Street totals 145,134 square feet.

When was this property built?

7924 Riopelle Street was built in 1973.

When was 7924 Riopelle Street last sold?

7924 Riopelle Street was last sold on 01 Jul, 2010.

What is the market value for 7924 Riopelle Street?

The market value* for 7924 Riopelle Street in 2022 was $2,260,600.
*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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