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DTE Energy Headquarters - General Office Building

Off-Market

2000 2nd Avenue, Detroit, MI 48226

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  • Property Type Office - General Office
  • Property Size 327,529 Sqft
  • Lot Size 2.09 Acre
  • Parking Spaces Avail. 65
  • Parking Ratio 0.20/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1925

Location

  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

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

  • Arm's Length
  • 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 (Sqft) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2018 $392,139
  • Market Value $10,288,200
  • Assessed Value $10,288,200

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of DTE Energy Headquarters - General Office Building?

DTE Energy Headquarters - General Office Building totals 327,529 square feet.

When was this property built?

DTE Energy Headquarters - General Office Building was built in 1925.

What is the property tax for DTE Energy Headquarters - General Office Building?

The property tax for DTE Energy Headquarters - General Office Building in 2018 was $392,139.

What is the market value for DTE Energy Headquarters - General Office Building?

The market value for DTE Energy Headquarters - General Office Building in 2018 was $10,288,200.

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