1480 East Jefferson Avenue

Off-Market

1480 East Jefferson Avenue, Detroit, MI 48207

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 26,436 SF
  • Lot Size 3.7 Acre
  • Parking Spaces Avail. 74
  • Parking Ratio 2.80 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1968

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.

  • 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 ®

    83/100 Very Walkable

  • Transit Score ®

    67/100 Good Transit

  • Bike Score ®

    85/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Lower East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

  • Bricktown

    0.53 miles

  • Renaissance Center

    0.55 miles

  • Greektown

    0.59 miles

  • Millender Center

    0.63 miles

  • Cadillac Center

    0.78 miles

  • Congress Street

    0.81 miles

  • Campus Martius

    0.85 miles

  • Broadway

    0.89 miles

  • Financial District

    0.90 miles

  • Grand Circus Park

    1.01 miles

  • Mobil

    0.26 miles

  • Speedway

    0.32 miles

  • Shell

    0.52 miles

  • BP

    1.13 miles

  • Mobil

    1.14 miles

  • Marathon

    1.26 miles

  • Bedrock John R 1

    1.28 miles

  • Bedrock Kahn Garage

    1.31 miles

  • Exxon

    1.47 miles

  • Marathon

    1.58 miles

  • Detroit Riverwalk Parking

    0.23 miles

  • River East Garage

    0.27 miles

  • D-4 Lot

    0.30 miles

  • D-2 Lot

    0.31 miles

  • D-3 Lot

    0.34 miles

  • BCBS Employee Deck

    0.37 miles

  • GM Lot

    0.37 miles

  • D-1 Lot

    0.37 miles

  • Franklin Deck

    0.39 miles

  • Hollywood Casino at Greektown Parking

    0.49 miles

  • Rivertown Inn & Suites

    0.15 miles

  • Comfort Inn

    0.28 miles

  • Hollywood Casino at Greektown

    0.52 miles

  • Detroit Marriott at the Renaissance Center

    0.59 miles

  • Courtyard by Marriott Detroit Downtown

    0.60 miles

  • Courtyard

    0.60 miles

  • Atheneum Suite Hotel

    0.61 miles

  • Hilton Garden Inn Detroit Downtown

    0.73 miles

  • Roberts Riverwalk Hotel

    0.83 miles

  • Shinola Hotel

    0.90 miles

  • Steve's Soul Food

    0.10 miles

  • Clique Restaurant

    0.15 miles

  • Main Street Grill & Coney Island

    0.26 miles

  • Potbelly

    0.54 miles

  • Wahlburgers

    0.55 miles

  • Red Smoke Barbeque

    0.55 miles

  • Pegasus Taverna

    0.55 miles

  • Monroe St. Steakhouse

    0.55 miles

  • Mr. Steven's

    0.56 miles

  • New Parthenon

    0.57 miles

  • Walter P. Chrysler Elementary School

    0.31 miles

  • University of Detroit Mercy Law School

    0.37 miles

  • Woodward Academy

    0.40 miles

  • University Prep Science & Math High School

    0.57 miles

  • Bunche Preparatory Academy

    0.77 miles

  • Detroit Academy of Arts and Sciences

    0.78 miles

  • Jessie C Kennedy Institute

    0.90 miles

  • Grand Valley State University Detroit Center

    0.93 miles

  • University Prep Science & Math Elementary - Sidney D. Miller Campus

    0.95 miles

  • Michigan Institute for Construction Trades

    0.95 miles

  • Midtown KinderCare

    1.53 miles

  • Matrix Headstart

    1.94 miles

  • Sha-Sha's Kiddy Korner

    2.24 miles

  • Kingdom Care Learning Center

    2.89 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    3.28 miles

  • Matrix Head Start Infinity II

    3.85 miles

  • Henry Ford Kids Child Care Center

    3.86 miles

  • Angel Land Child & Parent Center

    4.53 miles

  • Growing Minds Learning Center

    6.45 miles

  • The Clifton Daycare and Development Center

    6.78 miles

Frequently Asked Questions

What is the total square footage of 1480 East Jefferson Avenue?

1480 East Jefferson Avenue totals 26,436 square feet.

When was this property built?

1480 East Jefferson Avenue was built in 1968.

What is the market value for 1480 East Jefferson Avenue?

The market value* for 1480 East Jefferson Avenue in 2022 was $2,390,200.
*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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