1234 Washington Blvd

Off-Market

1234 Washington Blvd, 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 52,180 SF
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1924

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 04 Nov, 2015
  • 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 ®

    98/100 Walker's Paradise
  • Transit Score ®

    86/100 Excellent Transit
  • Bike Score ®

    79/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Times Square

    0.10 miles

  • Michigan

    0.14 miles

  • Campus Martius

    0.15 miles

  • Grand Circus Park

    0.19 miles

  • Broadway

    0.20 miles

  • Cadillac Center

    0.23 miles

  • Fort/Cass

    0.24 miles

  • Congress Street

    0.34 miles

  • Huntington Place

    0.34 miles

  • Financial District

    0.36 miles

  • Mobil

    0.29 miles

  • Bedrock Kahn Garage

    0.42 miles

  • Beaubien Place Garage

    0.69 miles

  • Speedway

    0.70 miles

  • Bedrock John R 1

    0.73 miles

  • Marathon

    0.82 miles

  • Marathon

    1.00 miles

  • Bedrock Corktown

    1.01 miles

  • Bedrock QLDC 1

    1.08 miles

  • Bedrock QLDC 2

    1.08 miles

  • Griswold Parking

    0.07 miles

  • Lofts of Merchants Row Garage

    0.09 miles

  • Griswold Capitol Park

    0.10 miles

  • Trolley Plaza Garage

    0.10 miles

  • 1001 Woodward Garage

    0.14 miles

  • 1370 Cass Lot

    0.15 miles

  • Financial District Garage

    0.17 miles

  • Federal Parking Lot 2

    0.19 miles

  • 1745 Cass Lot

    0.20 miles

  • 511 Grand River Lot

    0.20 miles

  • The Westin Book Cadillac Detroit

    0.08 miles

  • Hotel Indigo Detroit Downtown

    0.11 miles

  • Shinola Hotel

    0.14 miles

  • Aloft Detroit at The David Whitney

    0.18 miles

  • Leland Hotel

    0.21 miles

  • DoubleTree Suites by Hilton Hotel Detroit Downtown - Fort Shelby

    0.28 miles

  • Fort Shelby Hotel

    0.29 miles

  • Hilton Garden Inn Detroit Downtown

    0.34 miles

  • Detroit Foundation Hotel

    0.34 miles

  • Wright Hotel

    0.36 miles

  • Leila

    0.03 miles

  • Michael Symon's Roast

    0.07 miles

  • Go Sy Thai

    0.07 miles

  • Lovers Only

    0.07 miles

  • La Lanterna

    0.08 miles

  • Prime + Proper

    0.08 miles

  • Bam Bamz!

    0.08 miles

  • The Hudson Cafe

    0.10 miles

  • The Trolley Room

    0.12 miles

  • Go! Smoothies

    0.12 miles

  • Michigan Institute for Construction Trades

    0.08 miles

  • Jessie C Kennedy Institute

    0.18 miles

  • Grand Valley State University Detroit Center

    0.33 miles

  • Wayne County Community College Downtown Campus

    0.60 miles

  • Most Holy Trinity School

    0.60 miles

  • University of Detroit Mercy Law School

    0.64 miles

  • Cass Technical High School

    0.68 miles

  • Woodward Academy

    0.72 miles

  • Ecumenical Theological Seminary

    0.83 miles

  • Cultural Center Early Learning Center

    0.93 miles

  • Midtown KinderCare

    1.10 miles

  • Matrix Headstart

    1.81 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.29 miles

  • Kingdom Care Learning Center

    2.49 miles

  • Sha-Sha's Kiddy Korner

    2.86 miles

  • Henry Ford Kids Child Care Center

    3.27 miles

  • Angel Land Child & Parent Center

    3.79 miles

  • Matrix Head Start Infinity II

    4.34 miles

  • Advanced Technology Academy Pre-K & Business Office

    5.99 miles

  • Sunnybrook Day Nursery

    6.82 miles

Frequently Asked Questions

What is the total square footage of 1234 Washington Blvd?

1234 Washington Blvd totals 52,180 square feet.

When was this property built?

1234 Washington Blvd was built in 1924.

When was 1234 Washington Blvd last sold?

1234 Washington Blvd was last sold on 04 Nov, 2015.

What is the market value for 1234 Washington Blvd?

The market value* for 1234 Washington Blvd in 2022 was $2,816,400.

*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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