Virginia Park Community Plaza Shopping Center

Off-Market

8667 Rosa Parks Blvd, Detroit, MI 48206

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  • Property Type Retail - Neighborhood Center
  • Property Size 118,070 SF
  • Lot Size 4.78 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1984

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.

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

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable
  • Transit Score ®

    46/100 Some Transit
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rosa Parks
  • Zip Code 48206
  • Market Detroit

Points of Interest

  • Grand Boulevard

    1.27 miles

  • Baltimore Street

    1.35 miles

  • Detroit

    1.36 miles

  • Amsterdam Street

    1.47 miles

  • Ferry Street

    1.76 miles

  • Warren Avenue

    1.98 miles

  • Canfield Street

    2.32 miles

  • Checker Cab #977

    2.65 miles

  • Mack Avenue

    2.69 miles

  • Martin Luther King Junior Boulevard

    2.70 miles

  • Citgo

    0.45 miles

  • Valero

    0.53 miles

  • Sunoco

    0.75 miles

  • Citgo

    0.80 miles

  • Valero

    0.85 miles

  • Mobil

    1.08 miles

  • Citgo

    1.08 miles

  • Marathon

    1.11 miles

  • Mobil

    1.17 miles

  • Mobil

    1.18 miles

  • HFHS Employee Parking

    0.61 miles

  • HFHS Guest Parking

    0.65 miles

  • HFHS Staff Garge

    0.72 miles

  • HFHS Patient Employee Garage

    0.76 miles

  • F Lot

    0.84 miles

  • Brigitte Harris Cancer Pavilion Garage

    0.85 miles

  • HAP Lot C

    0.88 miles

  • HAP Lot A

    0.92 miles

  • HAP Lot B

    0.96 miles

  • New Center Place Garage

    1.03 miles

  • Fu Lin

    0.03 miles

  • Papa's Pizza

    0.73 miles

  • KFC

    0.79 miles

  • Papa's Soul Food and Grill

    0.79 miles

  • McDonald's

    0.94 miles

  • Zo's Good Burger

    0.96 miles

  • A Eagles Coney Island

    0.97 miles

  • Cuisine

    1.02 miles

  • Burger King

    1.10 miles

  • Turkey Grill

    1.12 miles

  • Family Foods Superstore

    0.02 miles

  • Dollar General

    0.95 miles

  • King Cole Foods

    1.08 miles

  • Food Farm Super Market

    1.34 miles

  • Save-A-Lot

    1.61 miles

  • University Foods

    1.83 miles

  • King Saver Foods

    1.88 miles

  • Food Pride Super Market

    2.25 miles

  • Glory Supermarket

    2.51 miles

  • Value Save Food Center

    2.61 miles

Frequently Asked Questions

What is the total square footage of Virginia Park Community Plaza Shopping Center?

Virginia Park Community Plaza Shopping Center totals 118,070 square feet.

When was this property built?

Virginia Park Community Plaza Shopping Center was built in 1984.

What is the market value for Virginia Park Community Plaza Shopping Center?

The market value* for Virginia Park Community Plaza Shopping Center in 2021 was $3,731,000.
*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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