707 West Milwaukee Avenue

Off-Market

707 West Milwaukee Avenue, Detroit, MI 48202

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 64,800 SF
  • Lot Size 1.55 Acre
  • Parking Spaces Avail. 84
  • Parking Ratio 1.30 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1959

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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Brokers

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Documents

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Sales

  • Purchase Date 25 Aug, 2014
  • 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.

  • 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 ®

    92/100 Walker's Paradise
  • Transit Score ®

    55/100 Good Transit
  • Bike Score ®

    92/100 Biker's Paradise
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle Woodward
  • Zip Code 48202
  • Market Detroit

Points of Interest

  • Detroit

    0.28 miles

  • Baltimore Street

    0.31 miles

  • Grand Boulevard

    0.34 miles

  • Amsterdam Street

    0.37 miles

  • Ferry Street

    0.67 miles

  • Warren Avenue

    0.91 miles

  • Canfield Street

    1.30 miles

  • Mack Avenue

    1.70 miles

  • Martin Luther King Junior Boulevard

    1.71 miles

  • Checker Cab #977

    1.76 miles

  • Detroit Pistons Performance Center

    0.24 miles

  • BP

    0.45 miles

  • Marathon

    0.64 miles

  • Wayne State University - Parking Structure #5

    0.66 miles

  • Citgo

    0.69 miles

  • Sunoco

    0.82 miles

  • Wayne State University - Parking Structure #6

    0.90 miles

  • Wayne State University - Lot #50

    0.93 miles

  • Mobil

    1.01 miles

  • Mobil

    1.02 miles

  • Baltimore Garage

    0.07 miles

  • New Center Place Garage

    0.18 miles

  • CCS Parking Structure

    0.20 miles

  • Fisher Building Garage

    0.21 miles

  • HAP Lot A

    0.24 miles

  • WSU Lot 14

    0.24 miles

  • Cass Avenue Garage

    0.24 miles

  • HAP Lot B

    0.25 miles

  • HAP Lot C

    0.27 miles

  • CCS Woodward Lot

    0.27 miles

  • Hotel St. Regis

    0.27 miles

  • The Inn on Ferry Street

    0.74 miles

  • Pinkinn Motel

    1.04 miles

  • El Moore

    1.39 miles

  • Rio Grand Motel

    1.40 miles

  • Town Motel

    1.55 miles

  • King's Arms Hotel

    1.68 miles

  • Veteran's Park Hotel

    2.03 miles

  • Viking Motel

    2.06 miles

  • The Inn at 97 Winder

    2.20 miles

  • Zo's Good Burger

    0.14 miles

  • McDonald's

    0.17 miles

  • Cuisine

    0.23 miles

  • Supino Pizza

    0.30 miles

  • The Kitchen

    0.30 miles

  • Yum Village

    0.33 miles

  • Baobab Fare

    0.34 miles

  • White Castle

    0.35 miles

  • Z's Villa

    0.42 miles

  • KFC

    0.45 miles

  • College for Creative Studies Taubman Campus

    0.18 miles

  • University Preparatory Academy Elementary School – Mark Murray Campus

    0.28 miles

  • University Preparatory Academy High School

    0.34 miles

  • University Preparatory Academy Elementary School – Ellen Thompson Campus

    0.37 miles

  • Y Gladys Barsamian Preparatory Center

    0.38 miles

  • New Center Child Care Academy

    0.44 miles

  • God's Way Academy

    0.49 miles

  • Palmer Institute

    0.70 miles

  • Detroit International Academy for Young Women

    0.72 miles

  • Wayne State University

    0.75 miles

  • Henry Ford Kids Child Care Center

    0.57 miles

  • Kingdom Care Learning Center

    0.61 miles

  • Angel Land Child & Parent Center

    1.44 miles

  • Matrix Headstart

    1.59 miles

  • Midtown KinderCare

    1.77 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    3.00 miles

  • Sha-Sha's Kiddy Korner

    3.29 miles

  • Matrix Head Start Infinity II

    3.82 miles

  • Sunnybrook Day Nursery

    4.46 miles

  • The Clifton Daycare and Development Center

    4.82 miles

Frequently Asked Questions

What is the total square footage of 707 West Milwaukee Avenue?

707 West Milwaukee Avenue totals 64,800 square feet.

When was this property built?

707 West Milwaukee Avenue was built in 1959.

When was 707 West Milwaukee Avenue last sold?

707 West Milwaukee Avenue was last sold on 25 Aug, 2014.

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