Packard Building 22

6235 Concord Avenue, Detroit, MI 48211

Off-Market

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  • Property Type Industrial - Flex - Industrial
  • Property Size 300,000 SF
  • Lot Size 4.61 Acre
  • Parking Spaces Avail. 60
  • Parking Ratio 0.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1941

Location

  • Walk Score ® Car-Dependent (14)
  • Transit Score ® Some Transit (45)
  • Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Kettering
  • Zip Code 48211
  • Market Detroit

Points of Interest

Transportation

Amsterdam Street

2.35 miles

Baltimore Street

2.35 miles

Ferry Street

2.39 miles

Detroit

2.39 miles

Warren Avenue

2.44 miles

Canfield Street

2.58 miles

Mack Avenue

2.79 miles

Montcalm Street

3.16 miles

Checker Cab #977

3.16 miles

Grand Circus Park

3.32 miles

Fuel station

Marathon

0.93 miles

Marathon

1.62 miles

Wayne State University - Parking Structure #6

2.51 miles

Wayne State University - Parking Structure #8

2.61 miles

Wayne State University - Parking Structure #5

2.80 miles

Bedrock John R 1

2.90 miles

Wayne State University - Lot #50

3.04 miles

Beaubien Place Garage

3.67 miles

Bedrock Kahn Garage

3.94 miles

Bedrock Corktown

4.43 miles

Parking

WSU Lot 56

2.55 miles

Fisher Building Garage

2.58 miles

Orchestra Place Parking Deck

2.82 miles

HAP Lot C

2.93 miles

Indycar Pit Parking

3.51 miles

1745 Cass Lot

3.53 miles

1001 Woodward Garage

3.55 miles

441 W Fort

3.83 miles

Millenium Garage

3.87 miles

620 Third

3.97 miles

Restaurants

Polonia

1.80 miles

Byblos Café and Grill

2.47 miles

Long John Silver's

2.65 miles

Manhattan Fish and Chips

3.20 miles

Cornerstone Barrel House

3.39 miles

Bam Bamz!

3.50 miles

Fu Lin

3.55 miles

Potbelly

3.63 miles

Domino's

3.73 miles

Detroit Made Market

3.95 miles

Stores

Forman Mills

2.74 miles

Harbortown Market

2.89 miles

University Foods

3.04 miles

Rivertown Market

3.30 miles

The Shops at Woodward Place

4.14 miles

King Saver Foods

4.81 miles

Save-A-Lot

4.94 miles

ALDI

5.54 miles

Savon Foods Supermarket

6.35 miles

Marshalls

6.36 miles

Safety

Engine Number 64 Fire Station

0.57 miles

Team Wellness Center – East

1.44 miles

CVS Pharmacy

1.56 miles

Kresge Eye Institute

2.17 miles

CVS Pharmacy

2.25 miles

John D. Dingell VA Medical Center

2.38 miles

Detroit Medical Center

2.42 miles

WSU Police Department

2.43 miles

William Clay Ford Center for Athletic Medicine

2.59 miles

Henry Ford Medical Center - Harbortown

2.91 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 18 Aug, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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 $94,005
  • Current Tax $16,667
  • Market Value* $2,175,000
  • Assessed Value $2,175,000

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 Packard Building 22?

Packard Building 22 totals 300,000 square feet.

When was this property built?

Packard Building 22 was built in 1941.

When was Packard Building 22 last sold?

Packard Building 22 was last sold on 18 Aug, 2014.

What is the market value for Packard Building 22?

The market value* for Packard Building 22 in 2021 was $2,175,000.
*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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