1 Ford Place

Off-Market

1 Ford Place, Detroit, MI 48202

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  • Property Type Office - General Office
  • Property Size 681,029 SF
  • Lot Size 24.81 Acre
  • Parking Spaces Avail. 1906
  • Parking Ratio 2.80 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1966

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 01 Jun, 1991
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Detroit

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 Detroit Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Transit Score ®

    57/100 Good Transit

  • Bike Score ®

    94/100 Biker's Paradise
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle Woodward
  • Zip Code 48202
  • Market Detroit

Points of Interest

  • Amsterdam Street

    0.29 miles

  • Detroit

    0.32 miles

  • Baltimore Street

    0.38 miles

  • Ferry Street

    0.43 miles

  • Grand Boulevard

    0.49 miles

  • Warren Avenue

    0.66 miles

  • Canfield Street

    1.03 miles

  • Mack Avenue

    1.43 miles

  • Martin Luther King Junior Boulevard

    1.45 miles

  • Checker Cab #977

    1.50 miles

  • Detroit Pistons Performance Center

    0.12 miles

  • BP

    0.30 miles

  • Wayne State University - Parking Structure #5

    0.40 miles

  • Marathon

    0.42 miles

  • Wayne State University - Parking Structure #6

    0.64 miles

  • Wayne State University - Lot #50

    0.69 miles

  • Mobil

    0.82 miles

  • Sunoco

    0.88 miles

  • Shell

    0.88 miles

  • Wayne State University - Parking Structure #8

    0.91 miles

  • WSU Lot 11

    0.17 miles

  • Baltimore Garage

    0.21 miles

  • Lot 13

    0.22 miles

  • WSU Lot 14

    0.22 miles

  • WSU Parking Structure 1

    0.26 miles

  • MDOT Lot

    0.27 miles

  • CCS Parking Structure

    0.27 miles

  • Lot 32

    0.28 miles

  • Lot 31

    0.30 miles

  • WSU Lot 12

    0.32 miles

  • Hotel St. Regis

    0.45 miles

  • The Inn on Ferry Street

    0.51 miles

  • Pinkinn Motel

    0.96 miles

  • El Moore

    1.13 miles

  • King's Arms Hotel

    1.41 miles

  • Rio Grand Motel

    1.48 miles

  • Town Motel

    1.62 miles

  • Viking Motel

    1.80 miles

  • The Inn at 97 Winder

    1.93 miles

  • The Cochrane House

    1.97 miles

  • Subway

    0.32 miles

  • Byblos Café and Grill

    0.34 miles

  • Z's Villa

    0.34 miles

  • Zo's Good Burger

    0.38 miles

  • Campus Diner

    0.38 miles

  • White Castle

    0.38 miles

  • Bucharest Grill

    0.41 miles

  • Panda Express

    0.41 miles

  • Supino Pizza

    0.41 miles

  • Taco Bell

    0.41 miles

  • University Preparatory Academy High School

    0.08 miles

  • University Preparatory Academy Elementary School – Ellen Thompson Campus

    0.17 miles

  • University Preparatory Academy Elementary School – Mark Murray Campus

    0.19 miles

  • College for Creative Studies Taubman Campus

    0.29 miles

  • Palmer Institute

    0.48 miles

  • Wayne State University

    0.48 miles

  • God's Way Academy

    0.51 miles

  • College for Creative Studies

    0.61 miles

  • Y Gladys Barsamian Preparatory Center

    0.61 miles

  • New Center Child Care Academy

    0.70 miles

  • Kingdom Care Learning Center

    0.53 miles

  • Henry Ford Kids Child Care Center

    0.83 miles

  • Matrix Headstart

    1.39 miles

  • Midtown KinderCare

    1.50 miles

  • Angel Land Child & Parent Center

    1.62 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.82 miles

  • Sha-Sha's Kiddy Korner

    3.14 miles

  • Matrix Head Start Infinity II

    3.79 miles

  • Sunnybrook Day Nursery

    4.68 miles

  • The Clifton Daycare and Development Center

    4.98 miles

Frequently Asked Questions

What is the total square footage of 1 Ford Place?

1 Ford Place totals 681,029 square feet.

When was 1 Ford Place last sold?

1 Ford Place was last sold on 01 Jun, 1991.

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