12000 Merriman Road

Off-Market

12000 Merriman Road, Livonia, MI 48150

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 180,000 SF
  • Lot Size 9.41 Acre
  • Parking Spaces Avail. 62
  • Parking Ratio 0.35 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1974

Contacts

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Owner

  • True 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 10 Feb, 2005
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Livonia

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 Livonia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $17.10
  • 2022 Office Vacancy Rate 20.24%
  • 2022 Office Completions (SF) 126,079

Livonia Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $39.83
  • 2022 Office Sales Volume $8.8M
  • 2022 Number of Transactions 3
View more Livonia market trends

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Livonia, MI
  • Neighborhood Devonaire
  • Zip Code 48150
  • Market Detroit

Points of Interest

  • Dearborn

    7.40 miles

  • Smith's Creek Depot Station

    7.65 miles

  • Firestone Station

    7.65 miles

  • Walnut Grove Station

    7.90 miles

  • CDM Transport LLC

    8.85 miles

  • Mobil

    0.32 miles

  • Exxon

    0.70 miles

  • Speedway

    0.78 miles

  • Mobil

    0.80 miles

  • Costco Gasoline

    1.02 miles

  • Livonia, MI Supercharger

    1.12 miles

  • Consumers Energy

    1.21 miles

  • Mobil

    1.22 miles

  • Speedway

    1.23 miles

  • Exxon

    1.27 miles

  • OHM Advisors Parking Lot

    1.50 miles

  • Oak Grove Trailhead Parking Lot

    1.91 miles

  • Parking Lot - East

    2.84 miles

  • Parking Lot - South

    2.90 miles

  • Parking Lot - North

    2.92 miles

  • Parking Lot - West

    3.00 miles

  • school parking

    3.15 miles

  • Parking Lot - Central Convent

    3.24 miles

  • School Parking

    3.24 miles

  • VFW Hall Parking

    3.44 miles

  • Taco Bell

    0.29 miles

  • Fattoush Village

    0.30 miles

  • Boneyard Bar-BQ

    0.31 miles

  • Daly Resturant

    0.33 miles

  • Archie's Restaurant

    0.37 miles

  • Subway

    0.43 miles

  • White Castle

    0.54 miles

  • Tony Balony's

    0.81 miles

  • Qdoba

    0.83 miles

  • Five Guys

    0.84 miles

  • Big Lots

    0.56 miles

  • Walmart Supercenter

    0.78 miles

  • Target

    0.88 miles

  • Meijer

    1.02 miles

  • Larry's Foodland

    1.14 miles

  • ALDI

    1.21 miles

  • Zerbos Health Foods

    1.63 miles

  • Kroger

    1.66 miles

  • Save-A-Lot

    1.68 miles

  • Westborn Market

    1.72 miles

  • Urgent Care

    0.80 miles

  • Livonia Fire Department Station 4

    0.87 miles

  • IHA Medical Center - Southeast Livonia

    0.90 miles

  • MedPost Urgent Care

    0.94 miles

  • Rite Aid

    1.19 miles

  • Henry Ford Medical Center - Livonia

    1.27 miles

  • CVS Pharmacy

    1.34 miles

  • LifeCare Pharmacy

    1.51 miles

  • Livonia Fire Department Headquarters & Station 1

    1.83 miles

  • CVS Pharmacy

    1.85 miles

Frequently Asked Questions

What is the total square footage of 12000 Merriman Road?

12000 Merriman Road totals 180,000 square feet.

When was 12000 Merriman Road last sold?

12000 Merriman Road was last sold on 10 Feb, 2005.

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