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David Stott Building

Off-Market

1150 Griswold Street, Detroit, MI 48226

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  • Property Type Office - General Office
  • Property Size 202,194 SF
  • Lot Size 0.27 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1938

Location

  • Walk Score ® Walker's Paradise (97)
  • Transit Score ® Excellent Transit (86)
  • Bike Score ® Very Bikeable (73)
  • 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 12 May, 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.

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

Tax

  • Property Tax in 2021 $27,410
  • Market Value* $634,200
  • Assessed Value $634,200

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 David Stott Building?

David Stott Building totals 202,194 square feet.

When was this property built?

David Stott Building was built in 1938.

When was David Stott Building last sold?

David Stott Building was last sold on 12 May, 2015.

What is the property tax for David Stott Building?

The property tax for David Stott Building in 2021 was $27,410.

What is the market value for David Stott Building?

The market value* for David Stott Building in 2021 was $634,200.
*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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