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1600 East Grand Blvd

Off-Market

1600 East Grand Blvd, Detroit, MI 48211

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 238,521 SF
  • Lot Size 6.9 Acre
  • Parking Spaces Avail. 166
  • Parking Ratio 0.70/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1923

Location

  • Walk Score ® Car-Dependent (39)
  • Transit Score ® Some Transit (47)
  • Bike Score ® Bikeable (56)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Kettering
  • Zip Code 48211
  • Market Detroit

Points of Interest

Ferry Street

2.25 miles

Amsterdam Street

2.25 miles

Amsterdam Street

2.25 miles

Ferry Street

2.26 miles

Baltimore Street

2.27 miles

Baltimore Street

2.27 miles

Warren Avenue

2.28 miles

Grand Boulevard

2.30 miles

Detroit

2.30 miles

Grand Boulevard

2.30 miles

Mobil

0.16 miles

Citgo

0.18 miles

Marathon

0.73 miles

BP

0.77 miles

Sunoco

0.78 miles

Mobil

0.80 miles

Citgo

0.87 miles

Marathon

0.88 miles

Citgo

0.90 miles

Citgo

1.27 miles

Kirby Center Lofts Lot

1.82 miles

Kresge Parking Deck

1.99 miles

WSU Parking Structure 4

2.02 miles

CCS Parking Structure

2.02 miles

WSU Lot 75

2.06 miles

DMC Lot

2.09 miles

John R Lot

2.09 miles

DIA Visitor Parking

2.10 miles

Eastern Market Lot #8

2.13 miles

WSU Lot 35

2.16 miles

Wendy's

0.78 miles

Grandy's Coney Island

1.27 miles

Yemen Cafe

1.45 miles

Captain Jay's Fish & Chicken

1.59 miles

Poohs Perfect Potato

1.70 miles

Krispy Krunchy Chicken

1.73 miles

Louie's Corned Beef and Ham

1.85 miles

(revolver)

1.93 miles

Hamtramck Coney Island

1.94 miles

Polish Village Café

1.94 miles

Save-A-Lot

1.03 miles

Janes Market Liquor Store

1.71 miles

Wonder Foods Supermarket

1.86 miles

Food Pride Super Market

1.99 miles

Al-Haramain International Foods

2.05 miles

Fruit Market

2.13 miles

Gratiot Central Market

2.37 miles

Whole Foods Market

2.48 miles

Indian Village Market

2.57 miles

Family Fair Marketplace

2.62 miles

Engine Number 23 Fire Station

0.39 miles

Engine Number 64 Fire Station

0.82 miles

Team Wellness Center – East

1.21 miles

Engine Number 41 Fire Station

1.36 miles

Renaissance Medical Center East

1.57 miles

Engine House #11

1.65 miles

Max Care - Medical Group and Urgent Care

1.66 miles

Henry Ford Medical Center - Hamtramck

1.68 miles

CVS Pharmacy

1.71 miles

Hamtramck Medical Urgent Care

1.82 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 18 Feb, 2021
  • 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 $7,062
  • Current Tax $5,732
  • Market Value* $163,400
  • Assessed Value $163,400

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 1600 East Grand Blvd?

1600 East Grand Blvd totals 238,521 square feet.

When was this property built?

1600 East Grand Blvd was built in 1923.

When was 1600 East Grand Blvd last sold?

1600 East Grand Blvd was last sold on 18 Feb, 2021.

What is the market value for 1600 East Grand Blvd?

The market value* for 1600 East Grand Blvd in 2021 was $163,400.
*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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