2535 Rivard Street

Off-Market

2535 Rivard 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
  • Property Size 158,955 SF
  • Lot Size 11.35 Acre
  • Parking Spaces Avail. 133
  • Parking Ratio 0.84 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 1989

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 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 ®

    59/100 Good Transit
  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

  • Adelaide Street

    0.64 miles

  • Sproat Street

    0.65 miles

  • Montcalm Street

    0.67 miles

  • Mack Avenue

    0.75 miles

  • Martin Luther King Junior Boulevard

    0.76 miles

  • Grand Circus Park

    0.77 miles

  • Broadway

    0.78 miles

  • Greektown

    0.79 miles

  • Cadillac Center

    0.87 miles

  • Bricktown

    0.88 miles

  • Exxon

    0.45 miles

  • Bedrock John R 1

    0.52 miles

  • BP

    0.57 miles

  • Speedway

    0.98 miles

  • Mobil

    1.08 miles

  • Marathon

    1.14 miles

  • Marathon

    1.15 miles

  • Wayne State University - Parking Structure #8

    1.17 miles

  • Shell

    1.18 miles

  • Beaubien Place Garage

    1.19 miles

  • Eastern Market parking garage

    0.20 miles

  • Eastern Market Lot #8

    0.22 miles

  • Ford Field Lot 6

    0.34 miles

  • Ford Field Lot 4

    0.37 miles

  • Ford Field Parking Deck

    0.40 miles

  • Ford Field Lot 5

    0.41 miles

  • Tigers/Lions Parking Garage

    0.47 miles

  • Prime Parking Lot 1

    0.56 miles

  • Gem Garage

    0.57 miles

  • McLaren Garage

    0.57 miles

  • Beyond Juice and Eatery

    0.13 miles

  • Zef's Coney Island

    0.15 miles

  • Russell Street Deli

    0.15 miles

  • Supino Pizzeria

    0.16 miles

  • Farmer's Restaurant

    0.19 miles

  • Jose’s Tacos

    0.20 miles

  • Stache International

    0.22 miles

  • BB's Butcher's Inn

    0.22 miles

  • Sala Thai

    0.31 miles

  • Cutter's

    0.31 miles

  • Gratiot Central Market

    0.25 miles

  • Whole Foods Market

    0.72 miles

  • Rivertown Market

    0.96 miles

  • City Market Detroit

    1.00 miles

  • Amori's Marketplace

    1.04 miles

  • Family Fair Marketplace

    1.07 miles

  • Food Pride Super Market

    1.17 miles

  • Gordon Food Service

    1.31 miles

  • Save-A-Lot

    1.52 miles

  • Harbortown Market

    1.65 miles

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

    0.29 miles

  • Detroit Behavioral Institute

    0.62 miles

  • Tolan Park Medical Building

    0.62 miles

  • DMC Children's Hospital of Michigan Specialty Center

    0.68 miles

  • Pharmor

    0.71 miles

  • Detroit Medical Center

    0.79 miles

  • Engine Number 1 Fire Station

    0.80 miles

  • Engine House #11

    0.84 miles

  • PharMor

    0.86 miles

  • Midtown Rx Pharmacy

    0.92 miles

Frequently Asked Questions

What is the total square footage of 2535 Rivard Street?

2535 Rivard Street totals 158,955 square feet.

When was this property built?

2535 Rivard Street was built in 1989.

What is the market value for 2535 Rivard Street?

The market value* for 2535 Rivard Street in 2022 was $5,353,600.

*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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