Liberty Park Commerce Center - Building 1

Off-Market

33500 Mound Road, Sterling Heights, MI 48310

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 598,880 SF
  • Lot Size 67.02 Acre
  • Parking Spaces Avail. 802
  • Parking Ratio 1.34 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1986

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 22 Jan, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    37/100 Car-Dependent
  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48310
  • Market Detroit

Points of Interest

  • Royal Oak

    6.21 miles

  • Troy

    7.35 miles

  • Valero

    0.26 miles

  • Mobil

    0.27 miles

  • BP

    0.74 miles

  • Zazz Gas

    0.81 miles

  • Quick Fuel

    0.89 miles

  • Marathon

    0.94 miles

  • Exxon

    1.01 miles

  • Speedway

    1.07 miles

  • Sunoco

    1.12 miles

  • BP

    1.14 miles

  • Parking Garage

    1.35 miles

  • Parking Garage

    1.83 miles

  • Parking Garage

    2.22 miles

  • Parking Garage

    2.22 miles

  • QPark

    5.84 miles

  • Main North Garage

    5.95 miles

  • Lafayette Avenue Parking Structure

    6.29 miles

  • Woodward Parking Lot

    6.75 miles

  • Water Tower Parking Lot

    6.75 miles

  • 10 Mile Parking Lot

    6.99 miles

  • Bronx Burger

    0.41 miles

  • Subway

    0.70 miles

  • China Fun

    0.70 miles

  • Andiamo

    0.72 miles

  • Johnny's Coney Island

    0.74 miles

  • Burger King

    0.80 miles

  • Alie's Lebanese Grill

    0.86 miles

  • Hardee's

    0.86 miles

  • Leo's Coney Island

    0.87 miles

  • CLOSED DOWN -Joes Crab Shack

    0.91 miles

  • The Shops at Sterling Ponds

    0.73 miles

  • Walmart Supercenter

    0.73 miles

  • Gordon Food Service

    0.98 miles

  • Aldi

    1.02 miles

  • Max International

    1.25 miles

  • Shopping Center

    1.32 miles

  • Meijer

    2.05 miles

  • ALDI

    2.17 miles

  • Polish Market

    2.23 miles

  • Polish Cultural Center

    2.30 miles

  • Sterling Heights No. 3

    0.85 miles

  • City of Warren Fire Station 4

    1.04 miles

  • Rite Aid

    1.20 miles

  • CVS Pharmacy

    1.41 miles

  • Henry Ford Medical Center - Sterling Heights

    1.50 miles

  • Walgreens

    1.71 miles

  • Reno Chiropractic

    2.00 miles

  • Optometry

    2.01 miles

  • Family Dentistry

    2.03 miles

  • Walgreens

    2.12 miles

Frequently Asked Questions

What is the total square footage of Liberty Park Commerce Center - Building 1?

Liberty Park Commerce Center - Building 1 totals 598,880 square feet.

When was this property built?

Liberty Park Commerce Center - Building 1 was built in 1986.

When was Liberty Park Commerce Center - Building 1 last sold?

Liberty Park Commerce Center - Building 1 was last sold on 22 Jan, 2018.

What is the property tax for Liberty Park Commerce Center - Building 1?

The property tax for Liberty Park Commerce Center - Building 1 in 2023 was $33,999.

What is the market value for Liberty Park Commerce Center - Building 1?

The market value* for Liberty Park Commerce Center - Building 1 in 2023 was $1,757,392.

*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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