Detroit Media Partnership Building

Off-Market

615 West Lafayette 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 311,787 SF
  • Lot Size 2.44 Acre
  • Parking Spaces Avail. 598
  • Parking Ratio 1.92 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1917

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

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
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 08 Jul, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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.

  • 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 ®

    90/100 Walker's Paradise
  • Transit Score ®

    85/100 Excellent Transit
  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Fort/Cass

    0.15 miles

  • Huntington Place

    0.21 miles

  • Michigan

    0.21 miles

  • West Riverfront

    0.24 miles

  • Times Square

    0.36 miles

  • Financial District

    0.37 miles

  • Campus Martius

    0.42 miles

  • Congress Street

    0.44 miles

  • Grand Circus Park

    0.53 miles

  • Cadillac Center

    0.53 miles

  • Bedrock Kahn Garage

    0.07 miles

  • Mobil

    0.10 miles

  • Marathon

    0.49 miles

  • Bedrock Corktown

    0.69 miles

  • Bedrock QLDC 2

    0.81 miles

  • Beaubien Place Garage

    0.81 miles

  • Bedrock QLDC 1

    0.82 miles

  • Marathon

    0.84 miles

  • Speedway

    0.92 miles

  • Bedrock John R 1

    1.03 miles

  • WDIV Visitor Parking

    0.07 miles

  • Kahn Garage

    0.07 miles

  • AFSCME Lot

    0.08 miles

  • 620 Third

    0.09 miles

  • First Street Parking Deck

    0.10 miles

  • Federal Parking Lot 1

    0.13 miles

  • 1009 Cass Garage

    0.15 miles

  • Millenium Garage

    0.15 miles

  • 441 W Fort

    0.15 miles

  • Federal Parking Lot 2

    0.16 miles

  • Fort Shelby Hotel

    0.07 miles

  • DoubleTree Suites by Hilton Hotel Detroit Downtown - Fort Shelby

    0.08 miles

  • Hotel Indigo Detroit Downtown

    0.26 miles

  • Detroit Foundation Hotel

    0.28 miles

  • The Westin Book Cadillac Detroit

    0.29 miles

  • Crowne Plaza Detroit Downtown Riverfront

    0.32 miles

  • Leland Hotel

    0.36 miles

  • MGM Grand Detroit Hotel

    0.39 miles

  • Shinola Hotel

    0.49 miles

  • Aloft Detroit at The David Whitney

    0.51 miles

  • Motor City Kitchen

    0.08 miles

  • Tommy's Detroit Bar & Grill

    0.09 miles

  • Cellar D's

    0.19 miles

  • The Trolley Room

    0.25 miles

  • Zoom Coney Restaurant

    0.25 miles

  • Subway

    0.27 miles

  • Tropical Smoothie Cafe

    0.27 miles

  • The Apparatus Room

    0.28 miles

  • Sausage House

    0.29 miles

  • Brome Modern Eatery

    0.29 miles

  • Wayne County Community College Downtown Campus

    0.24 miles

  • Jessie C Kennedy Institute

    0.35 miles

  • Michigan Institute for Construction Trades

    0.35 miles

  • Most Holy Trinity School

    0.40 miles

  • Grand Valley State University Detroit Center

    0.68 miles

  • Detroit Public Safety Academy

    0.72 miles

  • Cass Technical High School

    0.78 miles

  • University of Detroit Mercy Law School

    0.87 miles

  • Woodward Academy

    1.03 miles

  • Ecumenical Theological Seminary

    1.11 miles

  • Midtown KinderCare

    1.39 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.06 miles

  • Matrix Headstart

    2.13 miles

  • Kingdom Care Learning Center

    2.74 miles

  • Sha-Sha's Kiddy Korner

    3.21 miles

  • Henry Ford Kids Child Care Center

    3.44 miles

  • Angel Land Child & Parent Center

    3.88 miles

  • Matrix Head Start Infinity II

    4.69 miles

  • Advanced Technology Academy Pre-K & Business Office

    5.79 miles

  • Sunnybrook Day Nursery

    6.86 miles

Frequently Asked Questions

What is the total square footage of Detroit Media Partnership Building?

Detroit Media Partnership Building totals 311,787 square feet.

When was this property built?

Detroit Media Partnership Building was built in 1917.

When was Detroit Media Partnership Building last sold?

Detroit Media Partnership Building was last sold on 08 Jul, 2014.

What is the market value for Detroit Media Partnership Building?

The market value* for Detroit Media Partnership Building in 2022 was $8,884,600.

*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.