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455 West Fort Street

Off-Market

455 West Fort Street, Detroit, MI 48226

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  • Property Type Office - General Office
  • Property Size 120,000 Sqft
  • Lot Size 1.11 Acre
  • Parking Spaces Avail. 144
  • Parking Ratio 1.20/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1972

Location

  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 17 May, 1996
  • Purchase Price $1,514,668
  • Arm's Length
  • 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.

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

Tax

  • Property Tax in 2018 $203,186
  • Market Value $5,330,800
  • Assessed Value $5,330,800

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

Frequently Asked Questions

What is the total square footage of 455 West Fort Street?

455 West Fort Street totals 120,000 square feet.

When was this property built?

455 West Fort Street was built in 1972.

When was 455 West Fort Street last sold?

455 West Fort Street was last sold on 17 May, 1996.

What was the last purchase price for 455 West Fort Street?

455 West Fort Street was last sold for $1,514,668.

What is the property tax for 455 West Fort Street?

The property tax for 455 West Fort Street in 2018 was $203,186.

What is the market value for 455 West Fort Street?

The market value for 455 West Fort Street in 2018 was $5,330,800.

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