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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

Location

  • Walk Score ® Car-Dependent (29)
  • Bike Score ® Somewhat Bikeable (28)
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

Mobil

1.55 miles

Blink

2.41 miles

Mobil

2.84 miles

eVgo

3.02 miles

Mobil

6.11 miles

Kroger

6.42 miles

Sunoco

6.63 miles

Ferndale Public Library

7.04 miles

Roseville, MI Supercharger

7.24 miles

Sunoco

7.57 miles

Parking Garage

2.22 miles

US Post Office Parking lLot

7.11 miles

Parking Lot 11

7.21 miles

Parking Lot 6a

7.38 miles

Parking Lot 1

7.41 miles

Parking Lot 7a

7.50 miles

(Employee only)

7.75 miles

Car Pool Parking

9.57 miles

Student Parking Lot H

9.79 miles

Faculty / Staff Parking Lot E

9.89 miles

McDonald's

3.99 miles

Tom Sushi

5.67 miles

Uno Pizzeria & Grill

5.80 miles

Grinder Zee of Hazel Park

6.19 miles

McDonald's

6.48 miles

Cloverleaf Pizza

6.59 miles

Sakana Sushi Lounge

7.00 miles

Hambo Coney Island

7.01 miles

Qdoba

7.11 miles

Red Olive Family Restaurants

7.36 miles

The Shops at Sterling Ponds

0.73 miles

Shopping Center

1.32 miles

Polish Market

2.23 miles

Target

2.47 miles

Big Lots

3.02 miles

168 Asian Mart

3.22 miles

Target

3.22 miles

Oakland Mall

3.27 miles

JCPenney

3.27 miles

Kroger

3.69 miles

Reno Chiropractic

2.00 miles

Optometry

2.01 miles

Family Dentistry

2.03 miles

Walgreens

2.12 miles

Rite Aid

2.16 miles

Planned Parenthood

2.29 miles

Behavioral Center of Michigan

2.58 miles

Sterling heights Fire station 1

2.90 miles

CVS Pharmacy

3.28 miles

CVS Pharmacy

3.56 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 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.

  • 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 $30,956
  • Market Value* $1,590,756
  • Assessed Value $1,590,756

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 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 2022 was $30,956.

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

The market value* for Liberty Park Commerce Center - Building 1 in 2022 was $1,590,756.
*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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