3245 East Jefferson Avenue

Off-Market

3245 East Jefferson Avenue, 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 39,460 SF
  • Lot Size 2.37 Acre
  • Parking Spaces Avail. 46
  • Parking Ratio 1.19 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2004

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 17 Jul, 2019
  • 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.

  • 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 ®

    84/100 Very Walkable

  • Transit Score ®

    50/100 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

    1.44 miles

  • Greektown

    1.47 miles

  • Renaissance Center

    1.50 miles

  • Millender Center

    1.58 miles

  • Cadillac Center

    1.67 miles

  • Broadway

    1.73 miles

  • Congress Street

    1.75 miles

  • Campus Martius

    1.76 miles

  • Grand Circus Park

    1.83 miles

  • Financial District

    1.84 miles

  • Marathon

    0.32 miles

  • Shell

    0.43 miles

  • Mobil

    0.69 miles

  • Mobil

    0.85 miles

  • Marathon

    0.92 miles

  • BP

    1.11 miles

  • Sunoco

    1.15 miles

  • Speedway

    1.26 miles

  • Sunoco

    1.27 miles

  • Marathon

    1.33 miles

  • River Place Parking Garage

    0.28 miles

  • Indycar Pit Parking

    0.94 miles

  • Detroit Riverwalk Parking

    1.12 miles

  • River East Garage

    1.20 miles

  • D-2 Lot

    1.24 miles

  • D-4 Lot

    1.24 miles

  • GM Lot

    1.29 miles

  • D-3 Lot

    1.29 miles

  • BCBS Employee Deck

    1.29 miles

  • Hollywood Casino at Greektown Parking

    1.31 miles

  • Baymont by Wyndham Downtown Detroit

    0.07 miles

  • Roberts Riverwalk Hotel

    0.38 miles

  • Comfort Inn

    0.67 miles

  • Rivertown Inn & Suites

    1.10 miles

  • Hollywood Casino at Greektown

    1.36 miles

  • Atheneum Suite Hotel

    1.50 miles

  • Detroit Marriott at the Renaissance Center

    1.53 miles

  • Courtyard by Marriott Detroit Downtown

    1.54 miles

  • Courtyard

    1.55 miles

  • Hilton Garden Inn Detroit Downtown

    1.57 miles

  • Tubby's

    0.05 miles

  • Bread Basket Deli

    0.05 miles

  • Rivertown Pizza Papalis

    0.10 miles

  • Jet's Pizza

    0.18 miles

  • Subway

    0.18 miles

  • Peking Express

    0.20 miles

  • Breadless

    0.28 miles

  • Little Caesars

    0.33 miles

  • Bucharest Grill

    0.35 miles

  • Happy's Pizza

    0.38 miles

  • Detroit Academy of Arts and Sciences

    0.17 miles

  • Martin Luther King High School

    0.19 miles

  • University Prep Science & Math High School

    0.42 miles

  • Bunche Preparatory Academy

    0.46 miles

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

    0.88 miles

  • Walter P. Chrysler Elementary School

    0.96 miles

  • Ralph Bunche Elementary School

    0.97 miles

  • Field School

    1.02 miles

  • People's Baptist Christian School

    1.09 miles

  • Detroit Collegiate High School

    1.14 miles

  • Sha-Sha's Kiddy Korner

    1.53 miles

  • Midtown KinderCare

    2.00 miles

  • Matrix Headstart

    2.07 miles

  • Kingdom Care Learning Center

    3.11 miles

  • Matrix Head Start Infinity II

    3.17 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    4.17 miles

  • Henry Ford Kids Child Care Center

    4.18 miles

  • Angel Land Child & Parent Center

    4.99 miles

  • Growing Minds Learning Center

    5.50 miles

  • New Life Head Start

    6.07 miles

Frequently Asked Questions

What is the total square footage of 3245 East Jefferson Avenue?

3245 East Jefferson Avenue totals 39,460 square feet.

When was this property built?

3245 East Jefferson Avenue was built in 2004.

When was 3245 East Jefferson Avenue last sold?

3245 East Jefferson Avenue was last sold on 17 Jul, 2019.

What is the market value for 3245 East Jefferson Avenue?

The market value* for 3245 East Jefferson Avenue in 2021 was $3,137,600.
*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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