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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

Location

  • Walk Score ® Somewhat Walkable (61)
  • Transit Score ® Good Transit (54)
  • Bike Score ® Bikeable (50)
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

Citgo

0.70 miles

Marathon

2.15 miles

Sunoco

4.26 miles

Livonia, MI Supercharger

4.53 miles

Sunoco

5.19 miles

Marathon

5.86 miles

Ferndale Public Library

6.95 miles

Speedway

6.95 miles

Shell

7.69 miles

Rhombus Energy Solutions

7.98 miles

Vistor Parking Lot A

1.63 miles

MRC parking lot

3.94 miles

Parking Lot A

4.24 miles

Parking Lot D

4.43 miles

Oak Grove Trailhead Parking Lot

7.56 miles

Parking Lot - North

7.89 miles

Lot 2

8.05 miles

School Parking

8.86 miles

North Parking Lot

8.99 miles

Baltimore Garage

9.54 miles

McDonald's

1.74 miles

Rono's Caribbean Paradise Restaurant

3.60 miles

Taco Bell

3.75 miles

Checkers

4.21 miles

Arby's

4.30 miles

Outback Steakhouse

4.66 miles

Sweet Lorraine's Cafe & Bar

6.83 miles

Los Tres Amigos

7.17 miles

Dexter Coney Island

7.21 miles

Pinky's Rooftop

7.69 miles

Meijer

0.01 miles

Redford Oaks

2.36 miles

8 Mile Foodland

2.58 miles

Banner Supermarket

4.02 miles

Westborn Market

4.40 miles

One Dollar Plus

4.93 miles

Glory Supermarket

4.93 miles

Liquor Store

5.20 miles

West River Shopping Center

5.46 miles

Aldi

5.57 miles

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
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

  • Property Tax in 2021 $22,163
  • Base Tax $513,082
  • Current Tax $463,326
  • Market Value* $12,384,000
  • Assessed Value $12,384,000

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 Redford Marketplace?

Redford Marketplace totals 205,376 square feet.

When was this property built?

Redford Marketplace was built in 2014.

What is the property tax for Redford Marketplace?

The property tax for Redford Marketplace in 2021 was $22,163.

What is the market value for Redford Marketplace?

The market value* for Redford Marketplace in 2021 was $12,384,000.
*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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