• 12425-12435 Merriman Road
  • 12425-12435 Merriman Road
  • +1 image 12425-12435 Merriman Road

12425-12435 Merriman Road

Off-Market

12425 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 Office - General Office
  • Property Size 89,470 SF
  • Lot Size 8.83 Acre
  • Parking Spaces Avail. 500
  • Parking Ratio 5.59 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1973

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 18 Dec, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity 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.

  • 2021 Avg. Asking Rent $19.16
  • 2021 Office Vacancy Rate 18.78%
  • 2021 Office Completions (SF) 123,646
View more Livonia market trends

Location

Getting Around

  • Walk Score ®

    24/100 Car-Dependent

  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Livonia, MI
  • Neighborhood Devonaire
  • Zip Code 48150
  • Market Detroit

Points of Interest

  • Dearborn

    7.70 miles

  • Smith's Creek Depot Station

    7.96 miles

  • Firestone Station

    7.96 miles

  • Walnut Grove Station

    8.21 miles

  • CDM Transport LLC

    9.02 miles

  • Exxon

    0.48 miles

  • Mobil

    0.49 miles

  • Speedway

    0.58 miles

  • Mobil

    0.59 miles

  • Consumers Energy

    1.02 miles

  • BP

    1.02 miles

  • Mobil

    1.04 miles

  • Speedway

    1.07 miles

  • Sunoco

    1.08 miles

  • Mobil

    1.12 miles

  • OHM Advisors Parking Lot

    1.31 miles

  • Oak Grove Trailhead Parking Lot

    1.82 miles

  • Parking Lot - East

    2.55 miles

  • Parking Lot - South

    2.61 miles

  • Parking Lot - North

    2.62 miles

  • Parking Lot - West

    2.72 miles

  • Parking Lot - Central Convent

    2.95 miles

  • school parking

    3.00 miles

  • School Parking

    3.08 miles

  • VFW Hall Parking

    3.57 miles

  • Quality Inn & Suites

    0.76 miles

  • Comfort Inn

    1.37 miles

  • Days Inn by Wyndham Livonia - Detroit

    2.70 miles

  • Hilltop Motel

    4.09 miles

  • Red Roof Inn

    4.13 miles

  • Detroit Marriott Livonia

    4.15 miles

  • Inn America

    4.16 miles

  • Home

    4.35 miles

  • Fairfield Inn

    4.51 miles

  • TownePlace Suites

    4.54 miles

  • Taco Bell

    0.41 miles

  • Daly Resturant

    0.43 miles

  • Fattoush Village

    0.51 miles

  • Boneyard Bar-BQ

    0.58 miles

  • Tony Balony's

    0.61 miles

  • Archie's Restaurant

    0.67 miles

  • IHOP

    0.68 miles

  • Subway

    0.74 miles

  • White Castle

    0.85 miles

  • Red Olive Family Restaurants

    0.94 miles

  • John F Kennedy Elementary School

    0.96 miles

  • Peace Evangelical Lutheran School

    1.00 miles

  • Jackson Elementary School

    1.04 miles

  • Grant Elementary School

    1.22 miles

  • Roosevelt Elementary School

    1.27 miles

  • Franklin High School

    1.36 miles

  • Emerson Middle School

    1.43 miles

  • John F Kennedy Elementary School

    1.46 miles

  • American Montessori Academy

    1.63 miles

  • St. Damian School

    1.72 miles

  • Learning Tree

    0.92 miles

  • Livonia Little Tots

    1.71 miles

  • Montessori Center of Our Lady

    2.98 miles

  • The Learning Tree Child Care Center - North

    3.24 miles

  • KinderCare

    4.49 miles

  • Helping Hands child care

    4.59 miles

  • Allen Early Learning Academy

    4.60 miles

  • Old Redford Pre-Kindergarten Academy

    5.59 miles

  • Tott's Early Learning Center

    6.06 miles

  • New West Side Head Start

    6.11 miles

Frequently Asked Questions

What is the total square footage of 12425-12435 Merriman Road?

12425-12435 Merriman Road totals 89,470 square feet.

When was this property built?

12425-12435 Merriman Road was built in 1973.

When was 12425-12435 Merriman Road last sold?

12425-12435 Merriman Road was last sold on 18 Dec, 2020.

Looking for more in-depth information on this property?

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