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FCA Sterling Heights Assembly Plant

Off-Market

38111 Van Dyke Avenue, Sterling Heights, MI 48312

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  • Property Type Industrial - Manufacturing
  • Property Size 5,000,000 Sqft
  • Lot Size 287.2 Acre
  • Parking Spaces Avail. 2000
  • Parking Ratio 0.40/ 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Certified Gold
  • Building Class B
  • Year Built 1954

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 08 Apr, 1983
  • 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 $2,191,642
  • Market Value $135,881,674
  • Assessed Value $135,881,674

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

Frequently Asked Questions

What is the total square footage of FCA Sterling Heights Assembly Plant?

FCA Sterling Heights Assembly Plant totals 5,000,000 square feet.

When was this property built?

FCA Sterling Heights Assembly Plant was built in 1954.

When was FCA Sterling Heights Assembly Plant last sold?

FCA Sterling Heights Assembly Plant was last sold on 08 Apr, 1983.

What is the property tax for FCA Sterling Heights Assembly Plant?

The property tax for FCA Sterling Heights Assembly Plant in 2021 was $2,191,642.

What is the market value for FCA Sterling Heights Assembly Plant?

The market value for FCA Sterling Heights Assembly Plant in 2021 was $135,881,674.

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