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Sterling Corporate Center

Off-Market

38219 Mound Road, Sterling Heights, MI 48310

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  • Property Type Office - General Office
  • Property Size 48,085 SF
  • Lot Size 3.03 Acre
  • Parking Spaces Avail. 168
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2005

Location

  • Walk Score ® Car-Dependent (44)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48310
  • Market Detroit

Points of Interest

Troy

7.46 miles

Royal Oak

7.66 miles

eVgo

1.14 miles

Sunoco

2.78 miles

Blink

4.72 miles

BP

6.14 miles

Speedway

6.73 miles

Kroger

6.95 miles

Valero

7.74 miles

BP

7.77 miles

Roseville, MI Supercharger

8.16 miles

Sunoco

8.52 miles

Parking Lot 5C

5.60 miles

Parking Lot 5B

5.69 miles

Parking Lot 6

5.86 miles

Woodward Parking Lot

8.33 miles

West Parking Deck (Employee only)

8.39 miles

Lot 12

8.42 miles

West Parking Structure

8.58 miles

SP Parking

8.63 miles

Strip mall parking

8.80 miles

Parking for Health Club

8.82 miles

Super 8

2.14 miles

King Richard Motel

3.02 miles

Days Inn & Suites by Wyndham Warren

3.15 miles

Sonesta Simply Suites Detroit Warren

3.15 miles

Motel 6

3.75 miles

Tru by Hilton Troy Detroit

3.82 miles

Holiday Inn Express and Suites

4.29 miles

Extended Stay America - Detroit - Madison Heights

4.51 miles

Rodeway Inn

4.61 miles

Days Inn & Suites by Wyndham Madison Heights MI

4.65 miles

Wendy's

4.11 miles

McDonald's

4.16 miles

Tom Sushi

4.26 miles

Burger King

4.58 miles

Hungry Howie's

5.07 miles

Golden City Restaurant

5.15 miles

Morton's The Steakhouse

5.88 miles

The World's End Craft Burger Bar

6.06 miles

Haney's Family Restaurant and Catering

7.07 miles

KFC

7.52 miles

Naomi Gibbing Elementary School

1.97 miles

Green Acres School

3.42 miles

West Utica Elementary School

3.96 miles

Walsh College

4.81 miles

MSU College of Osteopathic Medicine

5.56 miles

Macomb Community College Center Campus

5.67 miles

Wayne State University - Advanced Technology

5.91 miles

Macomb Community College

6.11 miles

Michigan State University Management Education Center

6.24 miles

Chippewa Valley 9th Grade Center, Chippewa Valley High School, International Academy of Macomb

6.49 miles

Boys & Girls Club of Troy

2.91 miles

Small Wonders

4.43 miles

Gateway Country Day & Child Care Center

5.36 miles

Little Bright Stars Learning Center

5.93 miles

The Learning Center

6.42 miles

The Learning Experience - Troy

6.42 miles

Warren Woods Day Care

6.78 miles

Early Childhood Center

6.85 miles

Green Garden Child Development Center

8.40 miles

Green Garden Child Development Center

8.94 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 $117,466
  • Market Value* $4,618,432
  • Assessed Value $4,618,432

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 Sterling Corporate Center?

Sterling Corporate Center totals 48,085 square feet.

When was this property built?

Sterling Corporate Center was built in 2005.

What is the property tax for Sterling Corporate Center?

The property tax for Sterling Corporate Center in 2022 was $117,466.

What is the market value for Sterling Corporate Center?

The market value* for Sterling Corporate Center in 2022 was $4,618,432.
*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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