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Ford Sterling Axle Plant

Off-Market

39000 Mound Road, Sterling Heights, MI 48310

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  • Property Type Industrial - Manufacturing
  • Property Size 3,000,000 SF
  • Lot Size 155.26 Acre
  • Parking Spaces Avail. 1800
  • Parking Ratio 0.60/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1956

Location

  • Walk Score ® Car-Dependent (21)
  • Bike Score ® Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48310
  • Market Detroit

Points of Interest

Troy

7.88 miles

Royal Oak

8.29 miles

Marathon

0.33 miles

eVgo

0.78 miles

Mobil

0.78 miles

7-Eleven

0.79 miles

BP

0.80 miles

BP

0.82 miles

Shell

0.84 miles

BP

0.84 miles

Speedway

1.01 miles

Exxon

1.28 miles

QPark

3.33 miles

Parking Garage

4.24 miles

Parking Garage

4.71 miles

Parking Lot 5C

5.09 miles

Parking Garage

5.13 miles

Parking Lot 11

5.13 miles

Parking Lot 10

5.17 miles

Parking Lot 5B

5.18 miles

Staff Parking Lot 5a

5.21 miles

Parking Garage

5.22 miles

Dunkin' Donuts

0.78 miles

Taco Bell

1.07 miles

McDonald's

1.21 miles

Applebee's

1.36 miles

Chicken Shack

1.40 miles

Wendy's

1.40 miles

House of Reuben

1.46 miles

Subway

1.48 miles

Sonic

1.56 miles

Panera Bread

1.63 miles

Meijer

1.72 miles

Kroger Marketplace

2.30 miles

Target

2.45 miles

Shopping Center

2.47 miles

Aldi

2.53 miles

H Mart

2.54 miles

Max International

2.55 miles

Walmart

2.69 miles

Aldi

2.83 miles

The Shops at Sterling Ponds

3.05 miles

Sterling heights Fire station 1

0.79 miles

Rite Aid

0.90 miles

CVS Pharmacy

1.45 miles

Walgreens

1.68 miles

Sterling Heights Fire Department

1.68 miles

Walgreens

2.10 miles

Sterling Heights No. 3

2.32 miles

Walgreens

2.39 miles

CVS Pharmacy

2.58 miles

Henry Ford Medical Center - Sterling Heights

2.65 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 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 $943,446
  • Market Value* $34,554,037
  • Assessed Value $34,554,037

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 Ford Sterling Axle Plant?

Ford Sterling Axle Plant totals 3,000,000 square feet.

When was this property built?

Ford Sterling Axle Plant was built in 1956.

What is the property tax for Ford Sterling Axle Plant?

The property tax for Ford Sterling Axle Plant in 2022 was $943,446.

What is the market value for Ford Sterling Axle Plant?

The market value* for Ford Sterling Axle Plant in 2022 was $34,554,037.
*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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