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DuMouchelle Building

Off-Market

409 East Jefferson Avenue, Detroit, MI 48226

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  • Property Type Office - General Office
  • Property Size 36,600 Sqft
  • Lot Size 0.22 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1902

Location

  • 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

  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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
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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 $66,549
  • Market Value $1,746,000
  • Assessed Value $1,746,000

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

Frequently Asked Questions

What is the total square footage of DuMouchelle Building?

DuMouchelle Building totals 36,600 square feet.

When was this property built?

DuMouchelle Building was built in 1902.

What is the property tax for DuMouchelle Building?

The property tax for DuMouchelle Building in 2018 was $66,549.

What is the market value for DuMouchelle Building?

The market value for DuMouchelle Building in 2018 was $1,746,000.

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