500 East Lafayette Street

Off Market

500 East Lafayette Street, Detroit, MI 48226

  • Office
  • General Office
  • 160,969 Sqft

500 East Lafayette Street, Detroit, MI 48226 - Office Space

500 East Lafayette Street is located at 500 East Lafayette Street in the Downtown Detroit neighborhood, MI, Detroit, 48226. The Class B Office building was completed in 1996 and features a total of 160,969 Sqft.

There are 94 office spaces for lease in the Downtown Detroit neighborhood, totaling 1,184,248 Sqft of available office space. The office space availability for the 48226 zip code is 1,151,442 Sqft, in 88 office spaces. The average asking office rent per sq. ft. in Downtown Detroit is $24.33/sqft/year. For Class A office buildings the average office rate is $30.25/sqft/year, for Class B office buildings the average office rate is $22.17/sqft/year.

In Downtown Detroit, there are 66 class B office buildings. In Downtown Detroit, there are a total of 2 LEED certified office buildings. At zip code level, there are 65 commercial properties, of which 64 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • City Detroit
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit
  • Property Type Office - General Office
  • Property Size 160,969 Sqft
  • Lot Size 1.68 Acre
  • Parking Spaces Avail. 563
  • Parking Ratio 3.50/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1996
  • Date Updated 07 Apr, 2020

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

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 500 East Lafayette Street?

500 East Lafayette Street totals 160,969 square feet.

When was this property built?

500 East Lafayette Street was built in 1996.

Downtown Detroit Demographics

The average household income in zip code 48226 is $88,476, from a total of 4,262 households. In terms of employment, there are 95.71 % white-collar and 4.29 % blue-collar jobs in zip code 48226.

Population

  • Total Population10,494
  • Male Population(55.9 %) 5,865
  • Female Population(44.1 %) 4,629
  • Median Age35.00

Income/Financial

  • Average Household Income$58,200
  • Median Household Income$47,808
  • Median Income Under 25$32,122
  • Median Income 25-44$60,500
  • Median Income 45-64$45,384
  • Median Income Over 65$30,398