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751 Griswold Street

Off-Market

751 Griswold 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 26,454 Sqft
  • Lot Size 0.11 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1924

Location

  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 03 Jul, 2013
  • Purchase Price $800,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80 %
  • 2020 Office Completions (Sqft) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2018 $16,656
  • Market Value $437,000
  • Assessed Value $437,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 751 Griswold Street?

751 Griswold Street totals 26,454 square feet.

When was this property built?

751 Griswold Street was built in 1924.

When was 751 Griswold Street last sold?

751 Griswold Street was last sold on 03 Jul, 2013.

What was the last purchase price for 751 Griswold Street?

751 Griswold Street was last sold for $800,000.

What is the property tax for 751 Griswold Street?

The property tax for 751 Griswold Street in 2018 was $16,656.

What is the market value for 751 Griswold Street?

The market value for 751 Griswold Street in 2018 was $437,000.

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