The Packard Plant - 1580 East Grand Blvd

Off-Market

1580 East Grand Blvd, Detroit, MI 48211

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 121,000 SF
  • Lot Size 0.86 Acre
  • Building Class B

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 ®

    23/100 Car-Dependent
  • Transit Score ®

    48/100 Some Transit
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Kettering
  • Zip Code 48211
  • Market Detroit

Points of Interest

  • Amsterdam Street

    2.34 miles

  • Ferry Street

    2.34 miles

  • Baltimore Street

    2.35 miles

  • Grand Boulevard

    2.38 miles

  • Warren Avenue

    2.38 miles

  • Detroit

    2.38 miles

  • Canfield Street

    2.50 miles

  • Mack Avenue

    2.68 miles

  • Martin Luther King Junior Boulevard

    2.70 miles

  • Sproat Street

    2.91 miles

  • Mobil

    0.22 miles

  • Citgo

    0.28 miles

  • BP

    0.67 miles

  • Mobil

    0.70 miles

  • Sunoco

    0.71 miles

  • Marathon

    0.75 miles

  • Citgo

    0.86 miles

  • Citgo

    0.91 miles

  • Marathon

    0.97 miles

  • Citgo

    1.32 miles

  • Kirby Center Lofts Lot

    1.92 miles

  • Kresge Parking Deck

    2.09 miles

  • CCS Parking Structure

    2.12 miles

  • WSU Parking Structure 4

    2.12 miles

  • WSU Lot 75

    2.15 miles

  • John R Lot

    2.17 miles

  • DMC Lot

    2.19 miles

  • DIA Visitor Parking

    2.20 miles

  • Eastern Market Lot #8

    2.23 miles

  • WCCC Eastern Campus Lot

    2.25 miles

  • Veteran's Park Hotel

    1.41 miles

  • Hamtramck Hotel & Hostel

    2.23 miles

  • The Inn on Ferry Street

    2.26 miles

  • Hotel St. Regis

    2.45 miles

  • Baymont by Wyndham Downtown Detroit

    2.75 miles

  • Metro Lodge

    2.80 miles

  • The Winder Street Inn

    2.83 miles

  • Cabana Motel

    2.84 miles

  • The Cochrane House

    2.84 miles

  • El Moore

    2.86 miles

  • Wendy's

    0.72 miles

  • Grandy's Coney Island

    1.32 miles

  • Yemen Cafe

    1.46 miles

  • Captain Jay's Fish & Chicken

    1.49 miles

  • Poohs Perfect Potato

    1.71 miles

  • Krispy Krunchy Chicken

    1.79 miles

  • (revolver)

    1.93 miles

  • Hamtramck Coney Island

    1.93 miles

  • Polish Village Café

    1.93 miles

  • Louie's Corned Beef and Ham

    1.95 miles

  • Immaculate Conception School

    0.37 miles

  • Saint Johns School

    0.43 miles

  • Parke School

    0.50 miles

  • Saint Hyacinth School

    0.79 miles

  • Oakland International Academy - K-1

    0.96 miles

  • Oakland International Academy Elementary School

    1.00 miles

  • Oakland International Academy Middle School

    1.02 miles

  • Crockett High School (closed)

    1.03 miles

  • Saint Stanislaus School

    1.04 miles

  • Salem School

    1.08 miles

  • Matrix Head Start Infinity II

    1.17 miles

  • Sha-Sha's Kiddy Korner

    1.31 miles

  • Matrix Headstart

    1.74 miles

  • Kingdom Care Learning Center

    2.09 miles

  • Midtown KinderCare

    2.48 miles

  • Henry Ford Kids Child Care Center

    2.99 miles

  • The Clifton Daycare and Development Center

    3.71 miles

  • Fleming Early Learning Neighborhood Center

    3.87 miles

  • Angel Land Child & Parent Center

    4.00 miles

  • New Life Head Start

    4.54 miles

Frequently Asked Questions

What is the total square footage of The Packard Plant - 1580 East Grand Blvd?

The Packard Plant - 1580 East Grand Blvd totals 121,000 square feet.

What is the market value for The Packard Plant - 1580 East Grand Blvd?

The market value* for The Packard Plant - 1580 East Grand Blvd in 2022 was $69,600.
*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.

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