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500 East Lafayette Street
Off-Market
500 East Lafayette Street, Detroit, MI 48226
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 160,969 SF
- Lot Size 13.85 Acre
- Parking Spaces Avail. 563
- Parking Ratio 3.50/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1996
False
Location
- City Detroit, MI
- Neighborhood Downtown Detroit
- Zip Code 48226
- Market Detroit
Contacts
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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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
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.
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
Tax
- Property Tax in 2018 $2,818,290
- Market Value* $73,940,800
- Assessed Value $73,940,800
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 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.
What is the property tax for 500 East Lafayette Street?
The property tax for 500 East Lafayette Street in 2018 was $2,818,290.
What is the market value for 500 East Lafayette Street?
The market value* for 500 East Lafayette Street in 2018 was $73,940,800.
*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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
