7441 2nd Avenue

Off-Market

7441 2nd 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 40,195 SF
  • Lot Size 0.94 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1956

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 Aug, 2022
  • 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 ®

    94/100 Walker's Paradise
  • Transit Score ®

    55/100 Good Transit
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle Woodward
  • Zip Code 48202
  • Market Detroit

Points of Interest

  • Grand Boulevard

    0.22 miles

  • Baltimore Street

    0.32 miles

  • Detroit

    0.35 miles

  • Amsterdam Street

    0.49 miles

  • Ferry Street

    0.86 miles

  • Warren Avenue

    1.12 miles

  • Canfield Street

    1.52 miles

  • Mack Avenue

    1.93 miles

  • Martin Luther King Junior Boulevard

    1.94 miles

  • Checker Cab #977

    2.02 miles

  • Citgo

    0.41 miles

  • Detroit Pistons Performance Center

    0.52 miles

  • BP

    0.59 miles

  • Sunoco

    0.70 miles

  • Mobil

    0.74 miles

  • Marathon

    0.82 miles

  • Marathon

    0.86 miles

  • Mobil

    0.86 miles

  • Wayne State University - Parking Structure #5

    0.92 miles

  • Wayne State University - Parking Structure #6

    1.12 miles

  • Fisher Building Garage

    0.07 miles

  • New Center Garage

    0.10 miles

  • New Center Place Garage

    0.11 miles

  • Cass Avenue Garage

    0.23 miles

  • CCS Woodward Lot

    0.29 miles

  • Lot 12

    0.31 miles

  • CCS Parking Structure

    0.31 miles

  • Baltimore Garage

    0.31 miles

  • HFHS Staff Garge

    0.36 miles

  • HFHS Patient Employee Garage

    0.36 miles

  • Hotel St. Regis

    0.16 miles

  • The Inn on Ferry Street

    0.91 miles

  • Pinkinn Motel

    1.27 miles

  • Rio Grand Motel

    1.53 miles

  • El Moore

    1.65 miles

  • Town Motel

    1.67 miles

  • Veteran's Park Hotel

    1.82 miles

  • King's Arms Hotel

    1.93 miles

  • Hamtramck Hotel & Hostel

    2.23 miles

  • Viking Motel

    2.32 miles

  • Cuisine

    0.06 miles

  • McDonald's

    0.26 miles

  • The Kitchen

    0.26 miles

  • Baobab Fare

    0.26 miles

  • Supino Pizza

    0.27 miles

  • Zo's Good Burger

    0.29 miles

  • Burger King

    0.30 miles

  • Yum Village

    0.30 miles

  • White Castle

    0.37 miles

  • Turkey Grill

    0.38 miles

  • Y Gladys Barsamian Preparatory Center

    0.11 miles

  • New Center Child Care Academy

    0.18 miles

  • College for Creative Studies Taubman Campus

    0.28 miles

  • Detroit International Academy for Young Women

    0.45 miles

  • University Preparatory Academy Elementary School – Mark Murray Campus

    0.45 miles

  • God's Way Academy

    0.46 miles

  • University Preparatory Academy High School

    0.60 miles

  • Family Place Head Start

    0.65 miles

  • University Preparatory Academy Elementary School – Ellen Thompson Campus

    0.65 miles

  • Northern Annex

    0.79 miles

  • Henry Ford Kids Child Care Center

    0.44 miles

  • Kingdom Care Learning Center

    0.66 miles

  • Angel Land Child & Parent Center

    1.43 miles

  • Matrix Headstart

    1.70 miles

  • Midtown KinderCare

    1.97 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    3.26 miles

  • Sha-Sha's Kiddy Korner

    3.32 miles

  • Matrix Head Start Infinity II

    3.73 miles

  • Sunnybrook Day Nursery

    4.37 miles

  • The Clifton Daycare and Development Center

    4.56 miles

Frequently Asked Questions

What is the total square footage of 7441 2nd Avenue?

7441 2nd Avenue totals 40,195 square feet.

When was this property built?

7441 2nd Avenue was built in 1956.

When was 7441 2nd Avenue last sold?

7441 2nd Avenue was last sold on 10 Aug, 2022.

What is the property tax for 7441 2nd Avenue?

The property tax for 7441 2nd Avenue in 2022 was $5,270.

What is the market value for 7441 2nd Avenue?

The market value* for 7441 2nd Avenue in 2022 was $2,700,000.

*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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