Hudson's Site - Office Building

Off-Market

1200 Woodward Avenue, 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 551,579 SF
  • Lot Size 2.12 Acre
  • Parking Spaces Avail. 954
  • Parking Ratio 1.73 / 1,000 SF
  • Property Tenancy Vacant
  • LEED Proposed
  • Building Class A
  • Year Built 2024

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

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.

  • 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 ®

    99/100 Walker's Paradise
  • Transit Score ®

    85/100 Excellent Transit
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Broadway

    0.09 miles

  • Cadillac Center

    0.09 miles

  • Campus Martius

    0.10 miles

  • Grand Circus Park

    0.18 miles

  • Times Square

    0.22 miles

  • Greektown

    0.28 miles

  • Michigan

    0.29 miles

  • Congress Street

    0.32 miles

  • Bricktown

    0.35 miles

  • Fort/Cass

    0.36 miles

  • Mobil

    0.41 miles

  • Bedrock Kahn Garage

    0.56 miles

  • Speedway

    0.58 miles

  • Beaubien Place Garage

    0.61 miles

  • Bedrock John R 1

    0.69 miles

  • Marathon

    0.97 miles

  • Mobil

    1.10 miles

  • Marathon

    1.14 miles

  • Bedrock Corktown

    1.16 miles

  • Exxon

    1.23 miles

  • Lofts of Merchants Row Garage

    0.06 miles

  • Z Garage

    0.08 miles

  • Griswold Parking

    0.11 miles

  • One Campus Martius Garage

    0.11 miles

  • 1001 Woodward Garage

    0.12 miles

  • Detroit Opera House Parking Center

    0.13 miles

  • Detroit Opera Lot

    0.16 miles

  • Griswold Capitol Park

    0.16 miles

  • 200 Madison Lot

    0.18 miles

  • Trolley Plaza Garage

    0.19 miles

  • Shinola Hotel

    0.03 miles

  • Aloft Detroit at The David Whitney

    0.16 miles

  • Hilton Garden Inn Detroit Downtown

    0.19 miles

  • The Westin Book Cadillac Detroit

    0.20 miles

  • Hotel Indigo Detroit Downtown

    0.23 miles

  • Atheneum Suite Hotel

    0.26 miles

  • Leland Hotel

    0.34 miles

  • Hollywood Casino at Greektown

    0.39 miles

  • Wright Hotel

    0.39 miles

  • Detroit Foundation Hotel

    0.40 miles

  • Olin Bar & Kitchen

    0.03 miles

  • Vicente's Cuban Cuisine

    0.05 miles

  • The Hudson Cafe

    0.06 miles

  • Standby

    0.06 miles

  • Cornerstone Barrel House

    0.08 miles

  • Calexico

    0.08 miles

  • Lovers Only

    0.09 miles

  • Punch Bowl Social

    0.09 miles

  • La Lanterna

    0.09 miles

  • Go Sy Thai

    0.09 miles

  • Michigan Institute for Construction Trades

    0.14 miles

  • Jessie C Kennedy Institute

    0.21 miles

  • Grand Valley State University Detroit Center

    0.24 miles

  • University of Detroit Mercy Law School

    0.52 miles

  • Woodward Academy

    0.57 miles

  • Wayne County Community College Downtown Campus

    0.73 miles

  • Most Holy Trinity School

    0.75 miles

  • Cass Technical High School

    0.76 miles

  • Walter P. Chrysler Elementary School

    0.79 miles

  • Ecumenical Theological Seminary

    0.81 miles

  • Midtown KinderCare

    1.05 miles

  • Matrix Headstart

    1.73 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.43 miles

  • Kingdom Care Learning Center

    2.47 miles

  • Sha-Sha's Kiddy Korner

    2.72 miles

  • Henry Ford Kids Child Care Center

    3.28 miles

  • Angel Land Child & Parent Center

    3.84 miles

  • Matrix Head Start Infinity II

    4.21 miles

  • Advanced Technology Academy Pre-K & Business Office

    6.13 miles

  • The Clifton Daycare and Development Center

    6.77 miles

Frequently Asked Questions

What is the total square footage of Hudson's Site - Office Building?

Hudson's Site - Office Building totals 551,579 square feet.

When was this property built?

Hudson's Site - Office Building was built in 2024.

What is the market value for Hudson's Site - Office Building?

The market value* for Hudson's Site - Office Building in 2022 was $14,610,000.
*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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