1218 Randolph Street

Off-Market

1218 Randolph Street, Detroit, MI 48226

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 26,252 SF
  • Lot Size 0.18 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1874

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

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

Asking Rents in Detroit Office Market

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

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    84/100 Excellent Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Cadillac Center

    0.09 miles

  • Greektown

    0.11 miles

  • Bricktown

    0.18 miles

  • Campus Martius

    0.19 miles

  • Broadway

    0.20 miles

  • Millender Center

    0.31 miles

  • Congress Street

    0.32 miles

  • Grand Circus Park

    0.32 miles

  • Renaissance Center

    0.37 miles

  • Times Square

    0.39 miles

  • Speedway

    0.42 miles

  • Beaubien Place Garage

    0.49 miles

  • Mobil

    0.53 miles

  • Bedrock Kahn Garage

    0.69 miles

  • Bedrock John R 1

    0.76 miles

  • Mobil

    0.93 miles

  • Marathon

    1.11 miles

  • Shell

    1.18 miles

  • Exxon

    1.22 miles

  • BP

    1.26 miles

  • Greektown Garage

    0.05 miles

  • One Campus Martius Garage

    0.08 miles

  • Z Garage

    0.10 miles

  • 401 Gratiot

    0.14 miles

  • Hollywood Casino at Greektown Express Valet Garage

    0.16 miles

  • Detroit Opera House Parking Center

    0.18 miles

  • 461 Gratiot

    0.18 miles

  • Miller Parking Randolph Lot

    0.20 miles

  • 200 Madison Lot

    0.21 miles

  • 440 Madison

    0.21 miles

  • Atheneum Suite Hotel

    0.09 miles

  • Hilton Garden Inn Detroit Downtown

    0.11 miles

  • Shinola Hotel

    0.20 miles

  • Hollywood Casino at Greektown

    0.23 miles

  • Courtyard by Marriott Detroit Downtown

    0.30 miles

  • Courtyard

    0.30 miles

  • Aloft Detroit at The David Whitney

    0.31 miles

  • The Westin Book Cadillac Detroit

    0.34 miles

  • Hotel Indigo Detroit Downtown

    0.37 miles

  • Detroit Marriott at the Renaissance Center

    0.44 miles

  • Buffalo Wild Wings

    0.01 miles

  • Ham Shop Cafe

    0.03 miles

  • Mr. Kabob Mediterranean

    0.06 miles

  • Fishbones

    0.06 miles

  • Orchid Thai

    0.06 miles

  • Guns & Butter

    0.07 miles

  • Firebird Tavern

    0.07 miles

  • Cottage Inn

    0.08 miles

  • Basement Burger Bar

    0.09 miles

  • Jimmy John's

    0.10 miles

  • Michigan Institute for Construction Trades

    0.28 miles

  • Jessie C Kennedy Institute

    0.28 miles

  • Grand Valley State University Detroit Center

    0.30 miles

  • University of Detroit Mercy Law School

    0.36 miles

  • Woodward Academy

    0.41 miles

  • Walter P. Chrysler Elementary School

    0.62 miles

  • Wayne County Community College Downtown Campus

    0.86 miles

  • Ecumenical Theological Seminary

    0.89 miles

  • Cass Technical High School

    0.92 miles

  • Most Holy Trinity School

    0.92 miles

  • Midtown KinderCare

    1.10 miles

  • Matrix Headstart

    1.73 miles

  • Kingdom Care Learning Center

    2.52 miles

  • Sha-Sha's Kiddy Korner

    2.60 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.60 miles

  • Henry Ford Kids Child Care Center

    3.38 miles

  • Angel Land Child & Parent Center

    3.96 miles

  • Matrix Head Start Infinity II

    4.11 miles

  • Advanced Technology Academy Pre-K & Business Office

    6.30 miles

  • The Clifton Daycare and Development Center

    6.75 miles

Frequently Asked Questions

What is the total square footage of 1218 Randolph Street?

1218 Randolph Street totals 26,252 square feet.

When was this property built?

1218 Randolph Street was built in 1874.

What is the market value for 1218 Randolph Street?

The market value* for 1218 Randolph Street in 2021 was $3,228,600.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.