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7601 Central Avenue

Off-Market

7601 Central Avenue, Detroit, MI 48210

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  • Property Type Industrial - Manufacturing
  • Property Size 136,535 SF
  • Lot Size 5.07 Acre
  • Parking Spaces Avail. 68
  • Parking Ratio 0.50/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1927

Location

  • Walk Score ® Car-Dependent (24)
  • Transit Score ® Some Transit (43)
  • Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Tireman
  • Zip Code 48210
  • Market Detroit

Points of Interest

Detroit

4.03 miles

Grand Boulevard

4.04 miles

Grand Boulevard

4.04 miles

Baltimore Street

4.05 miles

Baltimore Street

4.06 miles

Amsterdam Street

4.08 miles

Amsterdam Street

4.08 miles

Ferry Street

4.16 miles

Ferry Street

4.17 miles

Warren Avenue

4.25 miles

Citgo

0.58 miles

Marathon

0.59 miles

Marathon

0.61 miles

Sunoco

0.64 miles

Valero

0.85 miles

Citgo

0.85 miles

Citgo

0.91 miles

Valero

0.92 miles

Valero

0.94 miles

Citgo

0.96 miles

4330 Larkins St Parking

1.57 miles

St. Gabriel Parish Parking Lot

2.77 miles

St. Gabriel Parish Parking Lot

2.79 miles

HFHS Employee Parking

3.31 miles

HFHS Guest Parking

3.32 miles

Brigitte Harris Cancer Pavilion Garage

3.37 miles

Lot 30

3.46 miles

HAP Lot C

3.48 miles

HFHS Patient Employee Garage

3.48 miles

HFHS Staff Garge

3.49 miles

McDonald's

0.56 miles

Shotty’s Kitchen

0.62 miles

Fast Treats

0.95 miles

El Rey de las Arepas

1.00 miles

CedarLand

1.28 miles

Subway

1.39 miles

McDonald's

1.40 miles

La Fogata Mexican Grill

1.41 miles

Señor Lopez Taqueria

1.42 miles

Wendy's

1.44 miles

Zain International Market

0.56 miles

Lance's Hometown Supermarket

0.86 miles

Save-A-Lot Grocery Store

1.54 miles

Garden Fresh Marketplace

1.61 miles

Save More & Discount

1.62 miles

Royal Plaza

1.83 miles

Papaya Supermarket

2.00 miles

Prince Valley Supermercado Gigante

2.02 miles

Dollar General

2.14 miles

Dearborn Fresh Supermarket

2.29 miles

Engine Number 34 Fire Station

0.78 miles

CVS Pharmacy

0.83 miles

Hamzeh Pharmacy

0.88 miles

Engine Number 66 Fire Station

0.99 miles

Engine Number 42 Fire Station

1.29 miles

Rite Aid

1.35 miles

CVS Pharmacy

1.52 miles

Engine Number 31 Fire Station

1.84 miles

Future Drugs

1.84 miles

Precinct 10 Police Station

1.96 miles

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 Date 10 Nov, 1995
  • 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.

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

Tax

  • Base Tax $62,964
  • Current Tax $12,568
  • Market Value* $1,456,800
  • Assessed Value $1,456,800

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 7601 Central Avenue?

7601 Central Avenue totals 136,535 square feet.

When was this property built?

7601 Central Avenue was built in 1927.

When was 7601 Central Avenue last sold?

7601 Central Avenue was last sold on 10 Nov, 1995.

What is the market value for 7601 Central Avenue?

The market value* for 7601 Central Avenue in 2021 was $1,456,800.
*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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