554 & 590 Lycaste Street

Off-Market

554 Lycaste Street, Detroit, MI 48214

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 76,502 SF
  • Lot Size 3 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1920

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 Price
  • Arm's Length True
  • 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.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent
  • Transit Score ®

    44/100 Some Transit
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood East Riverside
  • Zip Code 48214
  • Market Detroit

Points of Interest

  • Bricktown

    4.44 miles

  • Greektown

    4.45 miles

  • Renaissance Center

    4.50 miles

  • Millender Center

    4.58 miles

  • Cadillac Center

    4.65 miles

  • Broadway

    4.69 miles

  • Campus Martius

    4.75 miles

  • Congress Street

    4.75 miles

  • Grand Circus Park

    4.77 miles

  • Montcalm Street

    4.78 miles

  • Exxon

    0.51 miles

  • BP

    0.55 miles

  • Citgo

    0.97 miles

  • Citgo

    1.36 miles

  • Citgo

    1.39 miles

  • Mobil

    1.44 miles

  • Citgo

    1.46 miles

  • Mobil

    1.48 miles

  • Marathon

    1.52 miles

  • Sunoco

    1.69 miles

  • FCA Employee Parking

    0.47 miles

  • FCA Employee Parking

    0.72 miles

  • WCCC Eastern Campus Lot

    2.35 miles

  • Indycar Pit Parking

    2.55 miles

  • River Place Parking Garage

    3.23 miles

  • Eastern Market parking garage

    4.00 miles

  • Detroit Riverwalk Parking

    4.10 miles

  • Eastern Market Lot #8

    4.15 miles

  • River East Garage

    4.20 miles

  • D-2 Lot

    4.24 miles

  • Legends Grill

    0.42 miles

  • Rose's Fine Food

    0.64 miles

  • Detroit's Finest Coney Island

    0.97 miles

  • Krispy Krunch Chicken

    1.28 miles

  • McDonald's

    1.28 miles

  • Palace Pizza

    1.28 miles

  • Manhattan Fish and Chips

    1.39 miles

  • McDonald's

    1.39 miles

  • Burger King

    1.40 miles

  • Coriander Kitchen and Farm

    1.69 miles

  • Parkway Foods

    0.31 miles

  • Indian Village Market

    1.50 miles

  • Save-A-Lot

    1.65 miles

  • ALDI

    1.73 miles

  • Forman Mills

    1.79 miles

  • Sprout House

    1.82 miles

  • Janes Market Liquor Store

    1.98 miles

  • Wonder Foods Supermarket

    2.38 miles

  • Thrifty Scot

    2.63 miles

  • CGX

    2.72 miles

  • Engine Number 32 Fire Station

    0.30 miles

  • Precinct 5 Police Station

    0.37 miles

  • King Pharmacy

    0.70 miles

  • CVS Pharmacy

    0.74 miles

  • DMC Riverview Clinic

    0.82 miles

  • Engine Number 38 Fire Station

    0.94 miles

  • DCHC East Riverside Health

    1.02 miles

  • Northeast Integrated Health

    1.02 miles

  • Knight Drugs

    1.13 miles

  • Detroit 5th Precinct

    1.23 miles

Frequently Asked Questions

What is the total square footage of 554 & 590 Lycaste Street?

554 & 590 Lycaste Street totals 76,502 square feet.

When was this property built?

554 & 590 Lycaste Street was built in 1920.

What is the market value for 554 & 590 Lycaste Street?

The market value* for 554 & 590 Lycaste Street in 2022 was $557,400.

*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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