3685 Central Avenue

3685 Central Avenue, Detroit, MI 48210

Off-Market

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  • Property Type Industrial - Terminal/Transit
  • Property Size 194,730 SF
  • Lot Size 20.88 Acre
  • Parking Spaces Avail. 155
  • Parking Ratio 0.80 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1951

Location

  • Walk Score ® Car-Dependent (32)
  • Transit Score ® Some Transit (28)
  • Bike Score ® Somewhat Bikeable (48)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Chadsey
  • Zip Code 48210
  • Market Detroit

Points of Interest

Transportation

Checker Cab #977

3.91 miles

West Riverfront

4.21 miles

Michigan

4.28 miles

Canfield Street

4.28 miles

Martin Luther King Junior Boulevard

4.28 miles

Mack Avenue

4.30 miles

Warren Avenue

4.30 miles

Times Square

4.30 miles

Adelaide Street

4.35 miles

Montcalm Street

4.37 miles

Fuel station

Shell

0.93 miles

Sunoco

1.18 miles

Rhombus Energy Solutions

2.81 miles

Exxon

3.14 miles

Bedrock QLDC 1

3.35 miles

Bedrock QLDC 2

3.36 miles

Wayne State University - Lot #50

3.72 miles

Wayne State University - Parking Structure #5

3.95 miles

Detroit Pistons Performance Center

4.06 miles

Wayne State University - Parking Structure #8

4.23 miles

Parking

4330 Larkins St Parking

0.57 miles

Arjay Miller Arboretum Parking

3.96 miles

WSU Lot 54

4.07 miles

454 W Columbia

4.10 miles

Temple West Garage

4.18 miles

ODM Lot G

4.30 miles

Garfield Manor lot

4.37 miles

CCS Woodward Lot

4.47 miles

Center Garage

4.80 miles

Eastern Market Lot #8

5.01 miles

Restaurants

Rafic's Falafel

2.51 miles

Senate Coney Island

2.98 miles

Red Dunn Kitchen

3.62 miles

Dexter Coney Island

3.70 miles

Bucharest Grill

4.12 miles

ZZ Market & Grill

4.14 miles

Grey Ghost

4.34 miles

P.F. Chang's

4.46 miles

Detroit Made Market

4.47 miles

Krispy Kreme

5.62 miles

Stores

Save More & Discount

0.65 miles

Hacienda Mexican Foods

1.53 miles

Supermercado la Jalisciense

2.25 miles

Lance's Hometown Supermarket

2.73 miles

Royal Plaza

2.84 miles

Target

3.29 miles

Burlington

3.48 miles

Big Lots

3.51 miles

JCPenney

4.50 miles

Fairlane Town Center

4.53 miles

Safety

Rite Aid

1.29 miles

Engine Number 34 Fire Station

1.64 miles

Hamzeh Pharmacy

2.06 miles

Platinum Care Pharmacy

3.75 miles

St. Frances Cabrini Clinic

3.80 miles

Engine Number 39 Fire Station

3.84 miles

CVS Pharmacy

3.91 miles

Woodward Corridor Family Medical Center

3.93 miles

Henry Ford Hospital

3.98 miles

DPD 3rd Precinct

4.14 miles

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 06 Oct, 1995
  • 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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $190,698
  • Current Tax $102,846
  • Market Value* $4,412,200
  • Assessed Value $4,412,200

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 3685 Central Avenue?

3685 Central Avenue totals 194,730 square feet.

When was this property built?

3685 Central Avenue was built in 1951.

When was 3685 Central Avenue last sold?

3685 Central Avenue was last sold on 06 Oct, 1995.

What is the market value for 3685 Central Avenue?

The market value* for 3685 Central Avenue in 2021 was $4,412,200.
*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.

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