2128 Franklin Street

Off-Market

2128 Franklin Street, Detroit, MI 48207

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 90,508 SF
  • Lot Size 2.2 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1975

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 14 Jan, 2016
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Lower East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

  • Bricktown

    0.85 miles

  • Renaissance Center

    0.86 miles

  • Greektown

    0.90 miles

  • Millender Center

    0.94 miles

  • Cadillac Center

    1.10 miles

  • Congress Street

    1.13 miles

  • Campus Martius

    1.17 miles

  • Broadway

    1.20 miles

  • Financial District

    1.21 miles

  • Grand Circus Park

    1.31 miles

  • Mobil

    0.11 miles

  • Shell

    0.23 miles

  • Speedway

    0.64 miles

  • Marathon

    0.96 miles

  • BP

    1.15 miles

  • Marathon

    1.41 miles

  • Mobil

    1.46 miles

  • Mobil

    1.50 miles

  • Bedrock John R 1

    1.53 miles

  • Exxon

    1.61 miles

  • River Place Parking Garage

    0.42 miles

  • Detroit Riverwalk Parking

    0.46 miles

  • River East Garage

    0.55 miles

  • D-2 Lot

    0.59 miles

  • D-4 Lot

    0.60 miles

  • GM Lot

    0.63 miles

  • D-3 Lot

    0.64 miles

  • D-1 Lot

    0.66 miles

  • BCBS Employee Deck

    0.69 miles

  • Franklin Deck

    0.69 miles

  • Main Street Grill & Coney Island

    0.14 miles

  • Bucharest Grill

    0.30 miles

  • Steve's Soul Food

    0.35 miles

  • Breadless

    0.39 miles

  • Clique Restaurant

    0.47 miles

  • Rivertown Pizza Papalis

    0.56 miles

  • Bread Basket Deli

    0.63 miles

  • Tubby's

    0.64 miles

  • Jet's Pizza

    0.81 miles

  • Subway

    0.81 miles

  • Gordon Food Service

    0.35 miles

  • Amori's Marketplace

    0.38 miles

  • Family Fair Marketplace

    0.38 miles

  • Rivertown Market

    0.42 miles

  • Harbortown Market

    0.86 miles

  • City Market Detroit

    0.92 miles

  • Gratiot Central Market

    0.95 miles

  • CGX

    0.95 miles

  • Whole Foods Market

    1.86 miles

  • Save-A-Lot

    1.96 miles

  • Concentra Urgent Care

    0.22 miles

  • CVS Pharmacy

    0.61 miles

  • Henry Ford Medical Center - Harbortown

    0.74 miles

  • Rite Aid

    0.84 miles

  • Walgreens

    1.01 miles

  • Engine Number 9 Fire Station

    1.01 miles

  • CVS Pharmacy

    1.19 miles

  • DFD Ladder No. 5/3rd battalion/Engine No. 6

    1.34 miles

  • Engine House #11

    1.36 miles

  • Griswold Pharmacy

    1.36 miles

Frequently Asked Questions

What is the total square footage of 2128 Franklin Street?

2128 Franklin Street totals 90,508 square feet.

When was this property built?

2128 Franklin Street was built in 1975.

When was 2128 Franklin Street last sold?

2128 Franklin Street was last sold on 14 Jan, 2016.

What is the market value for 2128 Franklin Street?

The market value* for 2128 Franklin Street in 2021 was $962,400.
*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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