Sterling Town Center

Off-Market

12900 Hall Road, Sterling Heights, MI 48313

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 127,734 SF
  • Lot Size 8 Acre
  • Parking Spaces Avail. 537
  • Parking Ratio 4.21 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

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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Brokers

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Documents

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Sales

  • Purchase Date 16 Sep, 1993
  • 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.

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

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent
  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48313
  • Market Detroit

Points of Interest

  • Marathon

    0.42 miles

  • Sam's Club

    0.50 miles

  • Kroger

    0.77 miles

  • Exxon

    0.86 miles

  • Shell

    0.95 miles

  • Costco Gasoline

    1.18 miles

  • Meijer

    1.18 miles

  • Mobil

    1.42 miles

  • Marathon

    1.43 miles

  • Mobil

    1.59 miles

  • Parking Lot 10

    2.02 miles

  • Parking Lot 11

    2.03 miles

  • Parking Lot 6a

    2.05 miles

  • Staff Parking Lot 10a

    2.08 miles

  • Parking Lot 6

    2.11 miles

  • Parking Lot 8

    2.13 miles

  • Parking Lot 7a

    2.22 miles

  • Staff Parking Lot 9

    2.23 miles

  • Parking Lot 5C

    2.25 miles

  • Staff Parking Lot 5a

    2.27 miles

  • La Quinta Inn & Suites by Wyndham Detroit Utica

    0.57 miles

  • Courtyard by Marriott

    0.77 miles

  • Staybridge Suites Detroit-Utica, an IHG Hotel

    0.80 miles

  • TownePlace Suites Detroit Sterling Heights

    1.00 miles

  • Residence Inn by Marriott

    1.58 miles

  • bhai

    1.60 miles

  • War-Del

    1.98 miles

  • Cambria Hotel

    3.02 miles

  • Hampton Inn

    3.46 miles

  • Wyndham Garden Hotel

    5.41 miles

  • Chili's

    0.07 miles

  • bd's Mongolian Grill

    0.18 miles

  • Burger King

    0.34 miles

  • Wendy's

    0.35 miles

  • TGI Friday's

    0.38 miles

  • McDonald's

    0.39 miles

  • KFC

    0.41 miles

  • Taco Bell

    0.42 miles

  • IHOP

    0.46 miles

  • Outback Steakhouse

    0.47 miles

  • Magahay Elementary School

    0.13 miles

  • Bemis Junior High School

    1.14 miles

  • Browning Elementary School

    1.15 miles

  • Dresden Elementary School

    1.16 miles

  • Joan C Sergent Instructional Resource Center

    1.16 miles

  • Flickinger Elementary School

    1.20 miles

  • Henry Ford II High School

    1.55 miles

  • Havel Elementary School

    1.63 miles

  • Harvey Elementary School

    1.63 miles

  • St. Therese of Lisieux

    1.69 miles

  • Academy 4 Lil' Angels

    2.40 miles

  • Boys & Girls Club of Troy

    6.54 miles

  • Little Bright Stars Learning Center

    7.38 miles

  • Small Wonders

    7.90 miles

  • The Learning Center

    8.84 miles

  • The Learning Experience - Troy

    8.84 miles

  • Bryant Child Development Center

    9.05 miles

  • Gateway Country Day & Child Care Center

    9.55 miles

  • Warren Woods Day Care

    9.69 miles

Frequently Asked Questions

What is the total square footage of Sterling Town Center?

Sterling Town Center totals 127,734 square feet.

When was this property built?

Sterling Town Center was built in 1988.

When was Sterling Town Center last sold?

Sterling Town Center was last sold on 16 Sep, 1993.

What is the property tax for Sterling Town Center?

The property tax for Sterling Town Center in 2022 was $324,313.

What is the market value for Sterling Town Center?

The market value* for Sterling Town Center in 2022 was $11,901,254.
*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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