2850 West Grand Blvd

Off-Market

2850 West Grand Blvd, Detroit, MI 48202

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 100,000 SF
  • Lot Size 1.81 Acre
  • Parking Spaces Avail. 160
  • Parking Ratio 1.60 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1957

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 28 Jun, 2023
  • 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 ®

    89/100 Very Walkable
  • Transit Score ®

    55/100 Good Transit
  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rosa Parks
  • Zip Code 48202
  • Market Detroit

Points of Interest

  • Detroit

    0.51 miles

  • Grand Boulevard

    0.53 miles

  • Baltimore Street

    0.53 miles

  • Amsterdam Street

    0.59 miles

  • Ferry Street

    0.84 miles

  • Warren Avenue

    1.07 miles

  • Canfield Street

    1.43 miles

  • Mack Avenue

    1.82 miles

  • Martin Luther King Junior Boulevard

    1.83 miles

  • Checker Cab #977

    1.84 miles

  • Detroit Pistons Performance Center

    0.32 miles

  • BP

    0.66 miles

  • Wayne State University - Parking Structure #5

    0.73 miles

  • Citgo

    0.75 miles

  • Marathon

    0.83 miles

  • Wayne State University - Lot #50

    0.95 miles

  • Mobil

    1.00 miles

  • Valero

    1.01 miles

  • Sunoco

    1.02 miles

  • Mobil

    1.03 miles

  • HAP Lot A

    0.04 miles

  • HAP Lot C

    0.04 miles

  • F Lot

    0.08 miles

  • HAP Lot B

    0.09 miles

  • Brigitte Harris Cancer Pavilion Garage

    0.17 miles

  • HFHS Patient Employee Garage

    0.19 miles

  • HFHS Staff Garge

    0.25 miles

  • HFHS Guest Parking

    0.27 miles

  • New Center Place Garage

    0.28 miles

  • Baltimore Garage

    0.29 miles

  • Hotel St. Regis

    0.45 miles

  • Pinkinn Motel

    0.90 miles

  • The Inn on Ferry Street

    0.92 miles

  • Rio Grand Motel

    1.19 miles

  • Town Motel

    1.33 miles

  • El Moore

    1.48 miles

  • King's Arms Hotel

    1.77 miles

  • Viking Motel

    2.12 miles

  • Veteran's Park Hotel

    2.20 miles

  • Hostel Detroit

    2.20 miles

  • Zo's Good Burger

    0.10 miles

  • McDonald's

    0.12 miles

  • KFC

    0.23 miles

  • Papa's Pizza

    0.28 miles

  • Cuisine

    0.32 miles

  • Papa's Soul Food and Grill

    0.50 miles

  • Supino Pizza

    0.51 miles

  • The Kitchen

    0.51 miles

  • Baobab Fare

    0.54 miles

  • Yum Village

    0.54 miles

  • College for Creative Studies Taubman Campus

    0.40 miles

  • University Preparatory Academy Elementary School – Ellen Thompson Campus

    0.43 miles

  • University Preparatory Academy High School

    0.46 miles

  • Y Gladys Barsamian Preparatory Center

    0.49 miles

  • New Center Child Care Academy

    0.49 miles

  • University Preparatory Academy Elementary School – Mark Murray Campus

    0.49 miles

  • Saint Agnes School

    0.59 miles

  • Thirkell Elementary-Middle School

    0.69 miles

  • God's Way Academy

    0.71 miles

  • Detroit International Academy for Young Women

    0.77 miles

  • Henry Ford Kids Child Care Center

    0.45 miles

  • Kingdom Care Learning Center

    0.83 miles

  • Angel Land Child & Parent Center

    1.22 miles

  • Matrix Headstart

    1.79 miles

  • Midtown KinderCare

    1.91 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.91 miles

  • Sha-Sha's Kiddy Korner

    3.51 miles

  • Matrix Head Start Infinity II

    4.04 miles

  • Sunnybrook Day Nursery

    4.27 miles

  • The Clifton Daycare and Development Center

    4.93 miles

Frequently Asked Questions

What is the total square footage of 2850 West Grand Blvd?

2850 West Grand Blvd totals 100,000 square feet.

When was this property built?

2850 West Grand Blvd was built in 1957.

When was 2850 West Grand Blvd last sold?

2850 West Grand Blvd was last sold on 28 Jun, 2023.

What is the market value for 2850 West Grand Blvd?

The market value* for 2850 West Grand Blvd in 2022 was $6,071,000.

*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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