7255 18 1/2 Mile Road

Off-Market

7255 18 1/2 Mile Road, Sterling Heights, MI 48314

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 80,200 SF
  • Lot Size 4.05 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2021

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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.

  • 2022 Avg. Asking Rent $17.93
  • 2022 Office Vacancy Rate 26.30%
  • 2022 Office Completions (SF)
View more Sterling Heights market trends

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent
  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48314
  • Market Detroit

Points of Interest

  • Troy

    8.81 miles

  • Royal Oak

    9.63 miles

  • Mobil

    0.53 miles

  • Sunoco

    0.74 miles

  • BP

    0.81 miles

  • Speedway

    0.83 miles

  • BP

    0.83 miles

  • Mobil

    0.86 miles

  • Speedway

    0.88 miles

  • 7-Eleven

    1.26 miles

  • Shell

    1.30 miles

  • Marathon

    1.50 miles

  • QPark

    2.92 miles

  • Parking Lot 11

    4.18 miles

  • Parking Lot 10

    4.20 miles

  • Parking Lot 5C

    4.23 miles

  • Parking Lot 6a

    4.27 miles

  • Staff Parking Lot 10a

    4.28 miles

  • Parking Lot 5B

    4.30 miles

  • Staff Parking Lot 5a

    4.32 miles

  • Parking Lot 6

    4.33 miles

  • Staff Parking Lot 9

    4.35 miles

  • Dunkin'

    0.52 miles

  • KFC

    0.76 miles

  • Dunkin' Donuts

    1.48 miles

  • Dunkin' Donuts

    1.52 miles

  • Burger King

    1.56 miles

  • Uno Pizzeria & Grill

    1.60 miles

  • Arby's

    1.68 miles

  • Buffalo Wild Wings

    1.71 miles

  • Art & Jake's Sports Bar Sterling Heights

    1.71 miles

  • Wendy's

    1.74 miles

  • Walmart

    1.51 miles

  • Gordon Food Service

    2.31 miles

  • Kroger

    2.46 miles

  • Kroger Marketplace

    2.61 miles

  • Kohl's

    2.65 miles

  • Target

    2.75 miles

  • Aldi

    2.81 miles

  • Meijer

    2.84 miles

  • Macy's

    2.96 miles

  • JCPenney

    3.11 miles

  • Walgreens

    0.70 miles

  • Rite Aid

    1.56 miles

  • Utica Police Department

    1.59 miles

  • Sterling heights Fire station 1

    1.63 miles

  • Utica Fire Station

    1.65 miles

  • m2 certifications

    1.69 miles

  • CVS Pharmacy

    1.71 miles

  • Sterling Heights Fire Department

    1.75 miles

  • Rite Aid

    2.36 miles

  • CVS Pharmacy

    2.47 miles

Frequently Asked Questions

What is the total square footage of 7255 18 1/2 Mile Road?

7255 18 1/2 Mile Road totals 80,200 square feet.

When was this property built?

7255 18 1/2 Mile Road was built in 2021.

What is the property tax for 7255 18 1/2 Mile Road?

The property tax for 7255 18 1/2 Mile Road in 2023 was $181,978.

What is the market value for 7255 18 1/2 Mile Road?

The market value* for 7255 18 1/2 Mile Road in 2023 was $8,824,885.

*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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