47050 5 Mile Road

Off-Market

47050 5 Mile Road, Northville, MI 48168

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

  • Property Type Industrial - R&D - Industrial
  • Property Size 142,042 SF
  • Lot Size 13.99 Acre
  • Parking Spaces Avail. 303
  • Parking Ratio 2.14 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 1994

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 31 Mar, 2010
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date

Market Trends

Average Actual Rents in Northville

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 Northville Office Market

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

  • 2021 Avg. Asking Rent $20.51
  • 2021 Office Vacancy Rate 17.22%
  • 2021 Office Completions (SF)
View more Northville market trends

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Northville, MI
  • Neighborhood Northville
  • Zip Code 48168
  • Market Detroit

Points of Interest

  • Shell

    0.18 miles

  • Speedway

    1.28 miles

  • BP

    1.92 miles

  • Mobil

    2.15 miles

  • Speedway

    2.54 miles

  • Mobil

    2.63 miles

  • Marathon

    2.71 miles

  • Marathon

    2.73 miles

  • Speedway

    2.89 miles

  • Way Station

    2.90 miles

  • Center Parking Lot

    4.18 miles

  • South Parking Lot

    4.24 miles

  • North Parking Lot

    4.32 miles

  • Seven Mile Parking Lot

    4.37 miles

  • East Parking Lot

    4.43 miles

  • North Parking Lot

    4.45 miles

  • MDOT Carpool Lot

    4.56 miles

  • .

    4.73 miles

  • Parking Lot - Central Convent

    5.01 miles

  • Canton Chinatown District

    5.15 miles

  • Arby's

    0.13 miles

  • Red Olive Family Restaurants

    0.14 miles

  • Jimmy John's

    0.15 miles

  • Subway

    0.16 miles

  • McDonald's

    0.29 miles

  • Ruby Tuesday

    0.31 miles

  • Asian Buffet

    1.15 miles

  • Mother's Pizzeria

    1.17 miles

  • La Fresh Mediterranean Grill

    1.20 miles

  • Leo's Coney Island

    1.24 miles

  • Busch's

    1.23 miles

  • Steeplechase

    2.26 miles

  • Westborn Market

    2.52 miles

  • Kroger

    2.93 miles

  • Kroger

    3.01 miles

  • Kroger

    3.47 miles

  • Kroger

    3.87 miles

  • Trader Joe's

    4.21 miles

  • Kohl's

    4.46 miles

  • Meijer

    4.54 miles

  • Henry Ford Hospital Medical Center - Plymouth

    0.72 miles

  • Northville Township Fire Headquarters

    1.14 miles

  • Plymouth Township Fire Station #3

    1.20 miles

  • CVS

    1.35 miles

  • Wiltse's Community Pharmacy

    2.59 miles

  • Plymouth Police

    2.61 miles

  • City of Plymouth Fire

    2.62 miles

  • Northville Fire Station

    2.68 miles

  • Northville Police Station

    2.69 miles

  • CVS Pharmacy

    2.82 miles

Frequently Asked Questions

What is the total square footage of 47050 5 Mile Road?

47050 5 Mile Road totals 142,042 square feet.

When was this property built?

47050 5 Mile Road was built in 1994.

When was 47050 5 Mile Road last sold?

47050 5 Mile Road was last sold on 31 Mar, 2010.

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