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7939 West Lafayette Blvd

Off-Market

7939 West Lafayette Blvd, Detroit, MI 48209

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

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 62,533 SF
  • Lot Size 2.75 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1917

Location

  • Walk Score ® Somewhat Walkable (65)
  • Transit Score ® Some Transit (37)
  • Bike Score ® Bikeable (50)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Vernor - Junction
  • Zip Code 48209
  • Market Detroit

Points of Interest

Fort/Cass

4.05 miles

Huntington Place

4.07 miles

Checker Cab #977

4.09 miles

Financial District

4.22 miles

Campus Martius

4.30 miles

Congress Street

4.31 miles

Montcalm Street

4.34 miles

Adelaide Street

4.38 miles

Broadway

4.38 miles

Cadillac Center

4.41 miles

Mobil

2.49 miles

Bedrock QLDC 1

3.12 miles

Bedrock Corktown

3.20 miles

Rhombus Energy Solutions

3.33 miles

Wayne State University - Lot #50

4.25 miles

Bedrock John R 1

4.51 miles

Wayne State University - Parking Structure #5

4.53 miles

Wayne State University - Parking Structure #8

4.61 miles

Beaubien Place Garage

4.64 miles

Shell

4.65 miles

Tasting Room Parking

3.54 miles

Riverfront Towers Garage

3.71 miles

454 W Columbia

4.06 miles

Huntington Place Washington Blvd. Garage

4.09 miles

ODM Lot

4.18 miles

Griswold Parking

4.24 miles

Franzen Lot

4.34 miles

MSU Lot

4.36 miles

Fisher Building Garage

5.17 miles

Dearborn Hills Golf Course Parking - Free

7.76 miles

McDonald's

0.06 miles

Taqueria Mi Pueblo

1.02 miles

Subway

1.75 miles

Subway

2.48 miles

The Goblin

2.73 miles

Detroit Made Market

4.11 miles

Jet's Pizza

4.36 miles

The District Market Detroit

4.36 miles

Subway

4.38 miles

On The Border

4.61 miles

Kroger

3.74 miles

Royal Plaza

4.25 miles

Lance's Hometown Supermarket

4.30 miles

Target

4.33 miles

O'Brien's Market

4.42 miles

Burlington

4.48 miles

Greenland Market

4.67 miles

TJ Maxx

4.72 miles

Walmart Supercenter

4.93 miles

Macy's

5.21 miles

Engine Number 29 Fire Station

0.82 miles

Dearborn Fire Department

3.60 miles

CVS Pharmacy

3.76 miles

Woodward Corridor Family Medical Center

4.12 miles

Engine Number 1 Fire Station

4.22 miles

Jana Drugs

4.50 miles

get well UrgentCare

4.59 miles

Walgreens

4.63 miles

Laser Duet

4.69 miles

Detroit Medical Center

4.83 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 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Tax

  • Base Tax $120,421
  • Current Tax $52,285
  • Market Value* $2,786,200
  • Assessed Value $2,786,200

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 7939 West Lafayette Blvd?

7939 West Lafayette Blvd totals 62,533 square feet.

When was this property built?

7939 West Lafayette Blvd was built in 1917.

What is the market value for 7939 West Lafayette Blvd?

The market value* for 7939 West Lafayette Blvd in 2021 was $2,786,200.
*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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