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36250 Van Dyke Avenue

Off-Market

36250 Van Dyke Avenue, Sterling Heights, MI 48312

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  • Property Type Office - General Office
  • Property Size 93,403 Sqft
  • Lot Size 7.75 Acre
  • Parking Spaces Avail. 691
  • Parking Ratio 7.40/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1996

Location

  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48312
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered 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 05 Feb, 1996
  • Purchase Price $2,850,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Sterling Heights

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 Sterling Heights Office Market

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

  • 2020 Avg. Asking Rent $19.48
  • 2020 Office Vacancy Rate 5.71 %
  • 2020 Office Completions (Sqft)
View more Sterling Heights market trends

Tax

  • Property Tax in 2021 $170,738
  • Market Value $6,691,884
  • Assessed Value $6,691,884

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

Frequently Asked Questions

What is the total square footage of 36250 Van Dyke Avenue?

36250 Van Dyke Avenue totals 93,403 square feet.

When was this property built?

36250 Van Dyke Avenue was built in 1996.

When was 36250 Van Dyke Avenue last sold?

36250 Van Dyke Avenue was last sold on 05 Feb, 1996.

What was the last purchase price for 36250 Van Dyke Avenue?

36250 Van Dyke Avenue was last sold for $2,850,000.

What is the property tax for 36250 Van Dyke Avenue?

The property tax for 36250 Van Dyke Avenue in 2021 was $170,738.

What is the market value for 36250 Van Dyke Avenue?

The market value for 36250 Van Dyke Avenue in 2021 was $6,691,884.

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