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8600 East 7 Mile Road

Off-Market

8600 East 7 Mile Road, Detroit, MI 48234

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,331 SF
  • Lot Size 1.46 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1922

Location

  • Walk Score ® Somewhat Walkable (62)
  • Transit Score ® Good Transit (52)
  • Bike Score ® Bikeable (55)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grant
  • Zip Code 48234
  • Market Detroit

Points of Interest

Baltimore Street

5.30 miles

Detroit

5.36 miles

Amsterdam Street

5.40 miles

Warren Avenue

5.79 miles

Canfield Street

6.05 miles

Mack Avenue

6.33 miles

Martin Luther King Junior Boulevard

6.35 miles

Adelaide Street

6.67 miles

Checker Cab #977

6.67 miles

Montcalm Street

6.78 miles

Citgo

1.59 miles

BP

2.34 miles

Speedway

3.26 miles

Sunoco

5.30 miles

BP

5.62 miles

Detroit Pistons Performance Center

5.75 miles

Wayne State University - Parking Structure #5

5.99 miles

Wayne State University - Parking Structure #8

6.03 miles

Ferndale Public Library

6.15 miles

Shell

6.25 miles

Cass Avenue Garage

5.33 miles

WSU Lot 12

5.41 miles

MDOT Lot

5.41 miles

WSU Lot 11

5.60 miles

Lot 34

5.66 miles

Historical Museum Lot

5.75 miles

Student / Vistor Parking Lot B

6.43 miles

McLaren Garage

6.71 miles

200 W Columbia Lot

6.97 miles

Woodward Parking Lot

7.33 miles

Wendy's

1.71 miles

Hamtramck Coney Island

3.28 miles

McDonald's

6.09 miles

Wendy's

6.27 miles

Bucharest Grill

6.31 miles

Detroit One Coney Island

6.42 miles

Royal Thai Cafe

6.78 miles

Leila

7.16 miles

Kwench Juice Cafe

7.31 miles

Food Carnival

7.32 miles

Forman Mills

3.79 miles

Eastland Center

4.32 miles

Shoppers World

4.33 miles

The Shops at Woodward Place

4.58 miles

Janes Market Liquor Store

4.96 miles

Kroger

5.63 miles

Target

5.87 miles

Oakridge Market

6.02 miles

Save-A-Lot

6.05 miles

Whole Foods Market

6.23 miles

St. John Providence Hospital

0.56 miles

Precinct 9 Police Station

2.06 miles

Engine Number 56 Fire Station

2.33 miles

StoneCrest Center

2.50 miles

Hamtramck Police

2.97 miles

Greater Care Pharmacy

3.01 miles

Hamtramck Fire Department

3.33 miles

CVS Pharmacy

3.37 miles

Rite Aid

3.42 miles

Michigan Surgical Hospital

3.50 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 25 Oct, 2019
  • 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 $14,807
  • Current Tax $13,191
  • Market Value* $342,600
  • Assessed Value $342,600

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 8600 East 7 Mile Road?

8600 East 7 Mile Road totals 33,331 square feet.

When was this property built?

8600 East 7 Mile Road was built in 1922.

When was 8600 East 7 Mile Road last sold?

8600 East 7 Mile Road was last sold on 25 Oct, 2019.

What is the market value for 8600 East 7 Mile Road?

The market value* for 8600 East 7 Mile Road in 2021 was $342,600.
*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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