Redford Marketplace

Off-Market

21431 West Grand River Avenue, Detroit, MI 48219

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  • Property Type Retail - Freestanding Big Box
  • Property Size 205,376 SF
  • Lot Size 21.8 Acre
  • Property Tenancy Owner Occupied
  • Year Built 2014

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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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.

  • 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 ®

    76/100 Very Walkable
  • Transit Score ®

    54/100 Good Transit
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rosedale
  • Zip Code 48219
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.39 miles

  • Dearborn

    7.33 miles

  • Smith's Creek Depot Station

    7.35 miles

  • Walnut Grove Station

    7.43 miles

  • Firestone Station

    7.50 miles

  • Royal Oak

    7.56 miles

  • Troy

    9.56 miles

  • Grand Boulevard

    9.60 miles

  • Baltimore Street

    9.70 miles

  • Detroit

    9.71 miles

  • Sunoco

    0.30 miles

  • Sunoco

    0.55 miles

  • 76

    0.62 miles

  • Citgo

    0.70 miles

  • Valero

    0.80 miles

  • Clark

    0.80 miles

  • Marathon

    0.83 miles

  • 76

    0.84 miles

  • Sunoco

    1.06 miles

  • Citgo

    1.11 miles

  • Vistor Parking Lot B

    1.62 miles

  • Vistor Parking Lot A

    1.63 miles

  • Parking Lot C

    1.65 miles

  • Parking Lot D

    1.66 miles

  • Parking Lot E

    1.73 miles

  • Parking Lot G

    1.77 miles

  • MRC parking lot

    3.94 miles

  • Parking Lot H

    4.15 miles

  • Parking Lot G

    4.23 miles

  • Parking Lot A

    4.24 miles

  • J's Cafe

    0.27 miles

  • McDonald's

    0.33 miles

  • Wendy's

    0.56 miles

  • KFC

    0.61 miles

  • Nicky D's Coney Island

    0.63 miles

  • Hollywood Coney Island

    0.67 miles

  • Burger King

    0.70 miles

  • Krispy Krunchy Chicken

    0.82 miles

  • Church's Chicken

    0.85 miles

  • Grandy's Coney Island

    0.86 miles

  • Meijer

    0.01 miles

  • Royal Fresh Market

    1.59 miles

  • Glory Super Market

    1.73 miles

  • Save-A-Lot

    2.16 miles

  • Evergreen Supply Company

    2.24 miles

  • Redford Oaks

    2.36 miles

  • Redford Oaks

    2.45 miles

  • 8 Mile Foodland

    2.58 miles

  • Greenfield Market

    2.71 miles

  • Aldi

    2.74 miles

Frequently Asked Questions

What is the total square footage of Redford Marketplace?

Redford Marketplace totals 205,376 square feet.

When was this property built?

Redford Marketplace was built in 2014.

What is the market value for Redford Marketplace?

The market value* for Redford Marketplace in 2022 was $14,083,000.
*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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