1505 Woodward Avenue

Off Market

1505 Woodward Avenue, Detroit, MI 48226

  • Office
  • General Office
  • 53,043 Sqft

1505 Woodward Avenue, Detroit, MI 48226 - Office Space

1505 Woodward Avenue is located at 1505 Woodward Avenue in the Downtown Detroit neighborhood, MI, Detroit, 48226. The Class B Office building was completed in 1976 and features a total of 53,043 Sqft.

There are 116 office spaces for lease in the Downtown Detroit neighborhood, totaling 1,705,855.52 Sqft of available office space. The office space availability for the 48226 zip code is 1,328,283.52 Sqft, in 90 office spaces. The average asking office rent per sq. ft. in Downtown Detroit is $25.75/sqft/year. For Class A office buildings the average office rate is $25.5/sqft/year, for Class B office buildings the average office rate is $26/sqft/year.

In Downtown Detroit, there are 60 class B office buildings. In Downtown Detroit, there are a total of 2 LEED certified office buildings. In 1976, the same year 1505 Woodward Avenue was built, 14 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Detroit, featuring 807,854 square feet of commercial space. At zip code level, there are 63 commercial properties, of which 63 are office buildings over 50,000 square feet.

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Details

  • City Detroit
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit
  • Property Type Office - General Office
  • Property Size 53,043 Sqft
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1976
  • Date Updated 07 Apr, 2020

Downtown Detroit Demographics

The average household income in zip code 48226 is $81,836, from a total of 4,045 households. In terms of employment, there are 95.41 % white-collar and 4.59 % blue-collar jobs in zip code 48226.

Population

  • Total Population10,192
  • Male Population(55.6 %) 5,662
  • Female Population(44.5 %) 4,531
  • Median Age35.00

Income/Financial

  • Average Household Income$56,115
  • Median Household Income$44,042
  • Median Income Under 25$29,024
  • Median Income 25-44$57,184
  • Median Income 45-64$39,966
  • Median Income Over 65$22,249