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1400 Rosa Parks Blvd

Off-Market

1400 Rosa Parks Blvd, Detroit, MI 48216

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  • Property Type Industrial - Manufacturing
  • Property Size 100,000 SF
  • Lot Size 4.21 Acre
  • Parking Spaces Avail. 90
  • Parking Ratio 0.90 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1965

Location

  • Walk Score ® Very Walkable (75)
  • Transit Score ® Good Transit (57)
  • Bike Score ® Very Bikeable (87)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48216
  • Market Detroit

Points of Interest

Fort/Cass

0.88 miles

Huntington Place

0.93 miles

Financial District

1.09 miles

Campus Martius

1.12 miles

Montcalm Street

1.16 miles

Checker Cab #977

1.19 miles

Cadillac Center

1.21 miles

Adelaide Street

1.24 miles

Bricktown

1.44 miles

Renaissance Center

1.44 miles

Bedrock QLDC 2

0.09 miles

Bedrock QLDC 1

0.09 miles

Bedrock Corktown

0.24 miles

Bedrock Kahn Garage

0.66 miles

Bedrock John R 1

1.40 miles

Wayne State University - Parking Structure #8

1.87 miles

Wayne State University - Lot #50

1.90 miles

Wayne State University - Parking Structure #5

2.17 miles

Detroit Pistons Performance Center

2.58 miles

BP

4.83 miles

1009 Cass Garage

0.84 miles

ODM Lot 1

1.14 miles

2955 Cass Lot

1.17 miles

Temple West Garage

1.17 miles

Detroit Opera House Parking Center

1.23 miles

Ford Field Lot 4

1.49 miles

Beethoven Lot

1.74 miles

Karmanos Valet Lot

1.84 miles

Wyandotte Parking Lot 11

9.50 miles

Wyandotte Parking Lot 3

9.59 miles

Bucharest Grill

0.91 miles

Brome Modern Eatery

1.01 miles

Detroit Made Market

1.03 miles

Subway

1.21 miles

Ham Shop Cafe

1.31 miles

Selden Standard

1.46 miles

PizzaPlex

1.56 miles

The Telway

3.09 miles

A Eagles Coney Island

3.91 miles

Remas

5.18 miles

CGX

3.23 miles

Dearborn Fresh Supermarket

5.58 miles

Royal Plaza

5.97 miles

The Shops at Woodward Place

6.01 miles

Forman Mills

6.30 miles

Save-A-Lot

6.41 miles

Grand Price Supermarket

6.50 miles

Target

6.71 miles

Save-A-Lot

7.64 miles

Target

7.70 miles

Engine Number 8 Fire Station (Closed)

0.25 miles

Detroit Fire Department HQ

0.56 miles

Detroit Police

0.86 miles

Midtown Rx Pharmacy

1.73 miles

Tolan Park Medical Building

1.96 miles

Wayne County Sheriff's Office

1.98 miles

Detroit Police Training Academy

2.53 miles

DPD 3rd Precinct

2.91 miles

Russell's Pharmacy

3.02 miles

Team Wellness Center – East

3.41 miles

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 13 Dec, 2013
  • 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
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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 $70,337
  • Current Tax $42,053
  • Market Value* $1,627,400
  • Assessed Value $1,627,400

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 1400 Rosa Parks Blvd?

1400 Rosa Parks Blvd totals 100,000 square feet.

When was this property built?

1400 Rosa Parks Blvd was built in 1965.

When was 1400 Rosa Parks Blvd last sold?

1400 Rosa Parks Blvd was last sold on 13 Dec, 2013.

What is the market value for 1400 Rosa Parks Blvd?

The market value* for 1400 Rosa Parks Blvd in 2021 was $1,627,400.
*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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