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42600 Merrill Road

Off-Market

42600 Merrill Road, Sterling Heights, MI 48314

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  • Property Type Industrial - Manufacturing
  • Property Size 108,000 SF
  • Lot Size 10.47 Acre
  • Parking Spaces Avail. 81
  • Parking Ratio 0.75 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1989

Location

  • Walk Score ® Car-Dependent (7)
  • Bike Score ® Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48314
  • Market Detroit

Points of Interest

Troy

8.72 miles

Royal Oak

9.68 miles

Marathon

1.76 miles

eVgo

1.80 miles

BP

1.95 miles

Exxon

4.63 miles

Sam's Club

6.63 miles

Blink

6.84 miles

Marathon

8.27 miles

Shell

8.30 miles

Sunoco

8.92 miles

Roseville, MI Supercharger

9.06 miles

South parking - Older Persons Commission

6.60 miles

Parking Garage

6.71 miles

South Library Parking

6.92 miles

Lot 13

7.01 miles

Parking for Health Club

7.21 miles

P26

9.71 miles

Lot 2 Short-Term and Disabled Parking

9.73 miles

Valet

9.81 miles

P18

9.93 miles

(Employee only)

9.99 miles

KFC

2.94 miles

Hardee's

3.77 miles

Papa Romanos

3.97 miles

The Pantry Restaurant

4.19 miles

Tony's Pizzeria and Family Restaurant

4.61 miles

Royal Indian Cuisine

4.85 miles

Einstein Bros. Bagels

5.02 miles

Red Robin

6.40 miles

Bonefish Grill

6.78 miles

Kerby's Koney Island

8.40 miles

Walmart

1.19 miles

Aldi

3.68 miles

Target

3.73 miles

Shopping Center

4.02 miles

Kroger

4.42 miles

Big Lots

4.50 miles

Polish Cultural Center

4.54 miles

Polish Market

4.55 miles

The Shops at Sterling Ponds

4.60 miles

Kohl's

4.81 miles

Utica Police Department

1.41 miles

Utica Fire Station

1.47 miles

CVS Pharmacy

1.59 miles

Sterling heights Fire station 1

1.91 miles

CVS Pharmacy

2.40 miles

William Beaumont Hospital (Troy campus)

2.70 miles

Shelby Township Fire Station #2

3.21 miles

Henry Ford Pharmacy - Lakeside

3.44 miles

Troy Fire and Police Training Center

3.51 miles

Shelby Township Fire Station #5

3.68 miles

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 01 Oct, 2021
  • Purchase Price
  • Arm's Length True
  • 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 (SF)
View more Sterling Heights market trends

Tax

  • Property Tax in 2022 $167,240
  • Market Value* $6,125,253
  • Assessed Value $6,125,253

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 42600 Merrill Road?

42600 Merrill Road totals 108,000 square feet.

When was this property built?

42600 Merrill Road was built in 1989.

When was 42600 Merrill Road last sold?

42600 Merrill Road was last sold on 01 Oct, 2021.

What is the property tax for 42600 Merrill Road?

The property tax for 42600 Merrill Road in 2022 was $167,240.

What is the market value for 42600 Merrill Road?

The market value* for 42600 Merrill Road in 2022 was $6,125,253.
*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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