1301 Leverette

1301 Leverette, Detroit, MI 48216

Off-Market

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  • Property Type Industrial
  • Property Size 34,583 SF
  • Lot Size 0.78 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1948

Location

  • Walk Score ® Very Walkable (79)
  • Transit Score ® Excellent Transit (76)
  • Bike Score ® Biker's Paradise (90)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48216
  • Market Detroit

Points of Interest

Transportation

Michigan

0.64 miles

Times Square

0.67 miles

Fort/Cass

0.69 miles

West Riverfront

0.72 miles

Huntington Place

0.78 miles

Grand Circus Park

0.80 miles

Grand Circus Park

0.82 miles

Grand Circus Park

0.82 miles

Montcalm Street

0.85 miles

Montcalm Street

0.86 miles

Fuel station

Marathon

0.27 miles

Bedrock QLDC 1

0.39 miles

Bedrock QLDC 2

0.41 miles

Marathon

0.44 miles

Bedrock Corktown

0.49 miles

Bedrock Kahn Garage

0.52 miles

Mobil

0.52 miles

Mobil

0.65 miles

Bedrock John R 1

1.07 miles

Marathon

1.13 miles

Parking

Comerica Ford Field Parking

0.13 miles

Howard Lot A

0.25 miles

Tasting Room Parking

0.26 miles

Howard Lot B

0.28 miles

IRS Detroit Computer Center Employee Garage

0.29 miles

MGM Grand Parking Structure

0.33 miles

Detroit Public Safety Headquarters Visitor Parking

0.35 miles

Howard Lot C

0.35 miles

WCCC Lot

0.35 miles

WCCC Lot

0.38 miles

Restaurants

Lady of the House

0.06 miles

Nemo's Bar & Grill

0.07 miles

Ottava Via

0.08 miles

Brooklyn Street Local

0.08 miles

Folk

0.11 miles

Michigan & Trumbull Pizza

0.13 miles

Onassis Coney Island

0.15 miles

Mudgie's

0.18 miles

Bucharest Grill

0.22 miles

Red Dunn Kitchen

0.25 miles

Stores

Honey Bee Market La Colmena

0.71 miles

Algo Especial Super Market

0.81 miles

City Market Detroit

1.15 miles

Whole Foods Market

1.29 miles

Supermercado la Jalisciense

1.48 miles

La Jalisciense Supermercado / Taqueria

1.48 miles

University Foods

1.59 miles

Rivertown Market

1.64 miles

Gratiot Central Market

1.65 miles

Amori's Marketplace

1.69 miles

Safety

St Francis Cabrini Clinic

0.19 miles

St. Frances Cabrini Clinic

0.20 miles

Detroit Fire Department HQ

0.34 miles

Detroit Police Department HQ

0.35 miles

Engine Number 8 Fire Station (Closed)

0.44 miles

Detroit Police

0.61 miles

Griswold Pharmacy

0.71 miles

Engine Number 1 Fire Station

0.73 miles

CVS Pharmacy

0.87 miles

Woodward Corridor Family Medical Center

0.93 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

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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $63,551
  • Current Tax $13,436
  • Market Value* $1,470,400
  • Assessed Value $1,470,400

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 1301 Leverette?

1301 Leverette totals 34,583 square feet.

When was this property built?

1301 Leverette was built in 1948.

What is the market value for 1301 Leverette?

The market value* for 1301 Leverette in 2021 was $1,470,400.
*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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