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Chroma

Off-Market

2937 East Grand Blvd, Detroit, MI 48202

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  • Property Type Office - General Office
  • Property Size 75,000 SF
  • Lot Size 0.2 Acre
  • Parking Spaces Avail. 333
  • Parking Ratio 4.44/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2020

Location

  • Walk Score ® Very Walkable (73)
  • Transit Score ® Good Transit (53)
  • Bike Score ® Very Bikeable (71)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle Woodward
  • Zip Code 48202
  • Market Detroit

Points of Interest

Grand Boulevard

0.32 miles

Grand Boulevard

0.33 miles

Baltimore Street

0.34 miles

Baltimore Street

0.34 miles

Detroit

0.39 miles

Amsterdam Street

0.43 miles

Amsterdam Street

0.44 miles

Ferry Street

0.76 miles

Ferry Street

0.77 miles

Warren Avenue

0.99 miles

Sunoco

0.18 miles

Mobil

0.44 miles

BP

0.50 miles

Citgo

0.63 miles

Marathon

0.70 miles

Detroit Pistons Performance Center

0.79 miles

Mobil

0.95 miles

Mobil

1.02 miles

Wayne State University - Parking Structure #6

1.02 miles

Wayne State University - Parking Structure #5

1.04 miles

Lot 12

0.24 miles

John R Lot

0.27 miles

CCS Woodward Lot

0.38 miles

Cass Avenue Garage

0.40 miles

New Center Garage

0.44 miles

MDOT Lot

0.44 miles

WSU Lot 12

0.45 miles

CCS Parking Structure

0.47 miles

WSU Lot 14

0.48 miles

Lot 13

0.51 miles

Hotel St. Regis

0.40 miles

The Inn on Ferry Street

0.75 miles

Veteran's Park Hotel

1.42 miles

El Moore

1.61 miles

Pinkinn Motel

1.65 miles

King's Arms Hotel

1.85 miles

Hamtramck Hotel & Hostel

2.01 miles

Rio Grand Motel

2.03 miles

Town Motel

2.18 miles

The Inn at 97 Winder

2.26 miles

Parks Old Style Bar-B-Q

0.12 miles

Baobab Fare

0.31 miles

Yum Village

0.31 miles

White Castle

0.32 miles

The Kitchen

0.34 miles

Supino Pizza

0.34 miles

Bucharest Grill

0.35 miles

Z's Villa

0.40 miles

Krispy Krunchy Chicken

0.43 miles

Subway

0.50 miles

God's Way Academy

0.19 miles

College for Creative Studies Taubman Campus

0.47 miles

Y Gladys Barsamian Preparatory Center

0.49 miles

University Preparatory Academy Elementary School – Mark Murray Campus

0.52 miles

New Center Child Care Academy

0.61 miles

Golightly Education Center

0.66 miles

Detroit International Academy for Young Women

0.69 miles

Palmer Institute

0.72 miles

College for Creative Studies

0.76 miles

University Preparatory Academy High School

0.77 miles

Kingdom Care Learning Center

0.35 miles

Henry Ford Kids Child Care Center

0.96 miles

Matrix Headstart

1.31 miles

Midtown KinderCare

1.76 miles

Angel Land Child & Parent Center

1.96 miles

Sha-Sha's Kiddy Korner

2.81 miles

Matrix Head Start Infinity II

3.20 miles

Vista's Nuevas Headstart Gasper Fiore Center

3.51 miles

The Clifton Daycare and Development Center

4.31 miles

Sunnybrook Day Nursery

4.86 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 $48,796
  • Current Tax $45,254
  • Market Value* $1,129,000
  • Assessed Value $1,129,000

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 Chroma?

Chroma totals 75,000 square feet.

When was this property built?

Chroma was built in 2020.

What is the market value for Chroma?

The market value* for Chroma in 2021 was $1,129,000.
*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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