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Sarmor Business Park

Off-Market

30942 Industrial Road, Livonia, MI 48150

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  • Property Type Industrial - Flex - Industrial
  • Property Size 110,665 SF
  • Lot Size 6.57 Acre
  • Parking Spaces Avail. 221
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1978

Location

  • Walk Score ® Car-Dependent (22)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Livonia, MI
  • Neighborhood Devonaire
  • Zip Code 48150
  • Market Detroit

Points of Interest

Dearborn

7.58 miles

Smith's Creek Depot Station

7.82 miles

Firestone Station

7.83 miles

Walnut Grove Station

8.07 miles

CDM Transport LLC

8.61 miles

Livonia, MI Supercharger

0.91 miles

Kroger

2.81 miles

Mobil

3.09 miles

Charging Station at Westland City Hall

3.78 miles

2 stations

4.40 miles

eVgo

4.54 miles

Sunoco

5.80 miles

Sunoco

6.44 miles

Marathon

7.31 miles

Shell

8.14 miles

Parking Lot - West

3.02 miles

Parking Lot B

5.33 miles

Vistor Parking Lot B

6.97 miles

Paid Parking

7.39 miles

MCWS Parking Lot

7.46 miles

Parking Lot H

8.12 miles

RIC

8.21 miles

Parking Lot F

8.39 miles

bus parking

8.62 miles

underground parking entrance

9.06 miles

Jersey Mike's Subs

0.67 miles

Archie's Restaurant

0.72 miles

Old Mexico

1.74 miles

Cottage Inn Pizza

3.62 miles

McDonald's

3.76 miles

Custard Hut

3.76 miles

Oyaki sushi

4.32 miles

House of Falafel

4.79 miles

Papa Romano's Pizza

5.34 miles

Station 885

5.88 miles

Big Lots

0.70 miles

Walmart Supercenter

1.01 miles

Zerbos Health Foods

1.86 miles

Gordon Food Service

2.49 miles

Value World

3.25 miles

Kohl's

3.38 miles

Westland Mall

3.41 miles

Sears

3.56 miles

Laurel Park Place

4.26 miles

Redford Oaks

4.46 miles

Henry Ford Medical Center - Livonia

0.95 miles

Livonia Police Department

1.65 miles

Redford Fire South Station

2.77 miles

Reford Township Police Department

2.90 miles

Michigan State Police Livonia Office

3.13 miles

Saint Mary Mercy Hospital

3.15 miles

Livonia Fire Department Station 5

3.24 miles

Garden City Hospitals Westland Specialties Center

3.40 miles

Westland Fire Station

3.59 miles

Livonia Fire Department Station 6 & Garage

3.59 miles

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 21 Oct, 1994
  • 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.

  • 2020 Avg. Asking Rent $20.33
  • 2020 Office Vacancy Rate 19.58%
  • 2020 Office Completions (SF)
View more Livonia market trends

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Sarmor Business Park?

Sarmor Business Park totals 110,665 square feet.

When was this property built?

Sarmor Business Park was built in 1978.

When was Sarmor Business Park last sold?

Sarmor Business Park was last sold on 21 Oct, 1994.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.