21170-21180 West 8 Mile Road

Off-Market

21170 West 8 Mile Road, Southfield, MI 48075

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 132,000 SF
  • Lot Size 5.83 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1958

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 20 Jun, 2019
  • 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 Southfield

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 Southfield Office Market

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

  • 2022 Avg. Asking Rent $20.39
  • 2022 Office Vacancy Rate 24.32%
  • 2022 Office Completions (SF)

Southfield Office Sales Trends

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

  • 2022 Avg. Price per SF $97.41
  • 2022 Office Sales Volume $38.6M
  • 2022 Number of Transactions 5
View more Southfield market trends

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.77 miles

  • Royal Oak

    6.06 miles

  • Troy

    7.40 miles

  • Dearborn

    9.55 miles

  • Smith's Creek Depot Station

    9.55 miles

  • Walnut Grove Station

    9.62 miles

  • Firestone Station

    9.72 miles

  • Mobil

    0.28 miles

  • BP

    0.49 miles

  • Marathon

    0.50 miles

  • Sam's Club

    0.83 miles

  • Citgo

    0.93 miles

  • Valero

    1.05 miles

  • Sunoco

    1.05 miles

  • BP

    1.06 miles

  • Sunoco

    1.06 miles

  • Citgo

    1.10 miles

  • Parking Lot H

    1.90 miles

  • Parking Lot G

    1.97 miles

  • Parking Lot A

    1.99 miles

  • Parking Lot D

    2.06 miles

  • Parking Lot C

    2.09 miles

  • Parking Lot E

    2.10 miles

  • Parking Lot E

    2.12 miles

  • Vistor Parking Lot B

    2.14 miles

  • Parking Lot D

    2.18 miles

  • Vistor Parking Lot A

    2.18 miles

  • Popeyes

    0.11 miles

  • Wendy's

    0.46 miles

  • McDonald's

    0.54 miles

  • Burger King

    1.13 miles

  • Aurora Coney Island

    1.64 miles

  • Jet's Pizza

    1.65 miles

  • Wendy's

    1.66 miles

  • Taco Bell

    1.75 miles

  • Demi's Restaurant & Bar

    1.86 miles

  • Wendy's

    1.93 miles

  • Save-A-Lot

    0.12 miles

  • Evergreen Supply Company

    0.45 miles

  • 8 Mile Foodland

    1.10 miles

  • Glory Super Market

    1.70 miles

  • Gordon Food Service

    2.29 miles

  • Redford Oaks

    2.42 miles

  • Redford Oaks

    2.49 miles

  • Spartan Foods

    2.57 miles

  • Aldi

    2.66 miles

  • Imperial Fresh Market

    2.72 miles

  • CVS Pharmacy

    0.51 miles

  • DMC Northwest Women’s Care

    0.71 miles

  • Walgreens

    1.11 miles

  • Walgreens

    1.21 miles

  • Scotsdale Women's Medical Clinic

    1.37 miles

  • Straith Hospital for Special Surgery

    1.49 miles

  • CVS Pharmacy

    1.93 miles

  • PharMor Pharmacy

    2.04 miles

  • Detroit Police Department Eight Precinct

    2.14 miles

  • Engine Number 54 Fire Station

    2.16 miles

Frequently Asked Questions

What is the total square footage of 21170-21180 West 8 Mile Road?

21170-21180 West 8 Mile Road totals 132,000 square feet.

When was this property built?

21170-21180 West 8 Mile Road was built in 1958.

When was 21170-21180 West 8 Mile Road last sold?

21170-21180 West 8 Mile Road was last sold on 20 Jun, 2019.

What is the market value for 21170-21180 West 8 Mile Road?

The market value* for 21170-21180 West 8 Mile Road in 2023 was $4,982,940.

*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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