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40033 Mitchell Drive

Off-Market

40033 Mitchell Drive, Sterling Heights, MI 48313

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  • Property Type Industrial - Manufacturing
  • Property Size 187,500 SF
  • Lot Size 11.64 Acre
  • Parking Spaces Avail. 191
  • Parking Ratio 1.02 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2019

Location

  • Walk Score ® Car-Dependent (20)
  • Bike Score ® Somewhat Bikeable (31)
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48313
  • Market Detroit

Points of Interest

Troy

8.44 miles

Royal Oak

8.86 miles

eVgo

0.56 miles

Speedway

1.78 miles

Mobil

4.24 miles

Blink

5.58 miles

Costco Gasoline

6.37 miles

Valero

6.53 miles

Speedway

7.60 miles

Mobil

8.02 miles

Roseville, MI Supercharger

8.08 miles

Sunoco

8.54 miles

Parking Lot 3

4.68 miles

Parking Garage

5.61 miles

Plaza Parking

7.45 miles

Somerset Parking Lot

7.66 miles

Rochester Mills Parking

7.98 miles

Chase Bank parking

8.07 miles

West Library Parking

8.17 miles

Health Club parking

8.29 miles

North Hill School Parking

8.68 miles

SP Parking

9.54 miles

McDonald's

2.63 miles

bd's Mongolian Grill

3.32 miles

Taco Bell

3.57 miles

McDonald's

3.85 miles

Tubby's

6.24 miles

Dunkin'

6.66 miles

Chipotle

6.68 miles

Potbelly Sandwich Works

6.88 miles

Hungry Howie's

6.89 miles

Red Olive Family Restaurants

7.50 miles

Shopping Center

3.02 miles

The Shops at Sterling Ponds

3.35 miles

Target

3.44 miles

Walmart Supercenter

3.48 miles

Polish Cultural Center

3.75 miles

Gordon Food Service

3.90 miles

Kroger

4.03 miles

Oakland Mall

5.15 miles

Kroger

5.18 miles

Sunset Plaza Shopping Center

5.60 miles

Utica Police Department

2.59 miles

Sterling Heights Urgent Care

2.83 miles

Reno Chiropractic

2.83 miles

Optometry

2.83 miles

CVS Pharmacy

3.42 miles

William Beaumont Hospital (Troy campus)

3.49 miles

Troy Fire and Police Training Center

3.64 miles

University Pediatricians - Autism center

4.29 miles

City of Warren Fire Station 4

4.38 miles

Shelby Township Fire Station #2

4.44 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.

  • 2021 Avg. Asking Rent $19.47
  • 2021 Office Vacancy Rate 23.20%
  • 2021 Office Completions (SF)
View more Sterling Heights market trends

Tax

  • Property Tax in 2022 $51,928
  • Market Value* $1,901,884
  • Assessed Value $1,901,884

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 40033 Mitchell Drive?

40033 Mitchell Drive totals 187,500 square feet.

When was this property built?

40033 Mitchell Drive was built in 2019.

What is the property tax for 40033 Mitchell Drive?

The property tax for 40033 Mitchell Drive in 2022 was $51,928.

What is the market value for 40033 Mitchell Drive?

The market value* for 40033 Mitchell Drive in 2022 was $1,901,884.
*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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