2851 & 2925 Russell Street

Off-Market

2925 Russell Street, Detroit, MI 48207

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 44,744 SF
  • Lot Size 0.88 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1986

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

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
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 30 Aug, 2016
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 ®

    87/100 Very Walkable
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

  • Adelaide Street

    0.76 miles

  • Sproat Street

    0.76 miles

  • Mack Avenue

    0.80 miles

  • Martin Luther King Junior Boulevard

    0.81 miles

  • Montcalm Street

    0.81 miles

  • Grand Circus Park

    0.92 miles

  • Broadway

    0.94 miles

  • Greektown

    0.94 miles

  • Bricktown

    1.02 miles

  • Cadillac Center

    1.03 miles

  • Exxon

    0.36 miles

  • BP

    0.46 miles

  • Bedrock John R 1

    0.63 miles

  • Marathon

    1.00 miles

  • Marathon

    1.06 miles

  • Mobil

    1.09 miles

  • Speedway

    1.11 miles

  • Mobil

    1.15 miles

  • Wayne State University - Parking Structure #8

    1.15 miles

  • Shell

    1.16 miles

  • Eastern Market parking garage

    0.10 miles

  • Eastern Market Lot #8

    0.10 miles

  • Ford Field Lot 6

    0.50 miles

  • Ford Field Lot 4

    0.53 miles

  • Ford Field Parking Deck

    0.55 miles

  • Ford Field Lot 5

    0.56 miles

  • DMC South Deck

    0.62 miles

  • Tigers/Lions Parking Garage

    0.62 miles

  • DMC Beaubien Deck

    0.66 miles

  • Prime Parking Lot 1

    0.71 miles

  • The Winder Street Inn

    0.60 miles

  • The Cochrane House

    0.62 miles

  • The Inn at 97 Winder

    0.68 miles

  • Hollywood Casino at Greektown

    0.85 miles

  • Hilton Garden Inn Detroit Downtown

    0.87 miles

  • Wright Hotel

    0.96 miles

  • Aloft Detroit at The David Whitney

    0.97 miles

  • Atheneum Suite Hotel

    0.98 miles

  • Shinola Hotel

    1.01 miles

  • King's Arms Hotel

    1.05 miles

  • Sala Thai

    0.16 miles

  • Farmer's Restaurant

    0.17 miles

  • Beyond Juice and Eatery

    0.18 miles

  • Amore da Roma

    0.19 miles

  • Jose’s Tacos

    0.19 miles

  • BB's Butcher's Inn

    0.21 miles

  • Zef's Coney Island

    0.21 miles

  • Russell Street Deli

    0.21 miles

  • Supino Pizzeria

    0.22 miles

  • Cutter's

    0.22 miles

  • DEPSA Primary Academy

    0.33 miles

  • University Prep Science & Math Elementary - Sidney D. Miller Campus

    0.59 miles

  • Ecumenical Theological Seminary

    0.70 miles

  • WSU Applebaum College of Pharmacy and Health Sciences

    0.74 miles

  • DEPSA Athletic Fields

    0.78 miles

  • Woodward Academy

    0.80 miles

  • Grand Valley State University Detroit Center

    0.81 miles

  • Walter P. Chrysler Elementary School

    0.81 miles

  • Plymouth Educational Center

    0.86 miles

  • People's Baptist Christian School

    0.89 miles

  • Midtown KinderCare

    0.59 miles

  • Matrix Headstart

    0.83 miles

  • Kingdom Care Learning Center

    1.79 miles

  • Sha-Sha's Kiddy Korner

    1.82 miles

  • Henry Ford Kids Child Care Center

    2.80 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    3.09 miles

  • Matrix Head Start Infinity II

    3.21 miles

  • Angel Land Child & Parent Center

    3.57 miles

  • The Clifton Daycare and Development Center

    5.79 miles

  • Fleming Early Learning Neighborhood Center

    6.12 miles

Frequently Asked Questions

What is the total square footage of 2851 & 2925 Russell Street?

2851 & 2925 Russell Street totals 44,744 square feet.

When was this property built?

2851 & 2925 Russell Street was built in 1986.

When was 2851 & 2925 Russell Street last sold?

2851 & 2925 Russell Street was last sold on 30 Aug, 2016.

What is the market value for 2851 & 2925 Russell Street?

The market value* for 2851 & 2925 Russell Street in 2022 was $2,885,200.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.