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Paradise Valley - Randolph Centre Building

Off-Market

1435 Randolph Street, Detroit, MI 48226

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  • Property Type Office - General Office
  • Property Size 36,000 SF
  • Lot Size 0.36 Acre
  • Parking Spaces Avail. 28
  • Parking Ratio 0.80 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1898

Location

  • Walk Score ® Walker's Paradise (96)
  • Transit Score ® Excellent Transit (84)
  • Bike Score ® Bikeable (60)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

Broadway

0.12 miles

Campus Martius

0.22 miles

Grand Circus Park

0.24 miles

Bricktown

0.28 miles

Congress Street

0.40 miles

Montcalm Street

0.41 miles

Millender Center

0.42 miles

Financial District

0.48 miles

Huntington Place

0.55 miles

Adelaide Street

0.55 miles

Bedrock John R 1

0.65 miles

Bedrock Kahn Garage

0.70 miles

Bedrock Corktown

1.31 miles

Bedrock QLDC 1

1.37 miles

Bedrock QLDC 2

1.37 miles

Wayne State University - Parking Structure #8

1.53 miles

Marathon

1.94 miles

Wayne State University - Lot #50

1.95 miles

Wayne State University - Parking Structure #5

2.10 miles

Detroit Pistons Performance Center

2.51 miles

Z Garage

0.08 miles

Ford Field Parking Deck

0.35 miles

APG Parking

0.42 miles

ODM Lot

0.46 miles

Whitney Lot

1.45 miles

VA Red Parking Deck

1.63 miles

4820 Cass

1.69 miles

DIA Visitor Parking

1.89 miles

Baltimore Garage

2.65 miles

Brigitte Harris Cancer Pavilion Garage

2.85 miles

Hotel Indigo Detroit Downtown

0.37 miles

Crowne Plaza Detroit Downtown Riverfront

0.54 miles

Rivertown Inn & Suites

0.66 miles

Viking Motel

0.96 miles

King's Arms Hotel

1.08 miles

El Moore

1.37 miles

Hostel Detroit

1.50 miles

Roberts Riverwalk Hotel

1.59 miles

Crest Motel

2.41 miles

Pinkinn Motel

2.58 miles

Which Wich?

0.38 miles

Detroit Made Market

0.64 miles

Folk

1.10 miles

Hammer & Nail

1.17 miles

Subway

1.25 miles

White Castle

1.41 miles

Tou & Mai

1.44 miles

Ima noodles

1.46 miles

Starter's Bar and Grille

1.54 miles

Dexter Coney Island

4.71 miles

Grand Valley State University Detroit Center

0.19 miles

University of Detroit Mercy Law School

0.45 miles

Wayne County Community College Downtown Campus

0.88 miles

WSU Applebaum College of Pharmacy and Health Sciences

1.07 miles

Detroit Delta Preparatory Academy

1.24 miles

University Tower

1.51 miles

Physics and Astronomy Building

1.76 miles

Wayne State University

1.97 miles

College for Creative Studies

2.01 miles

College for Creative Studies Taubman Campus

2.66 miles

Midtown KinderCare

0.99 miles

Matrix Headstart

1.64 miles

Vista's Nuevas Headstart Gasper Fiore Center

2.56 miles

Sha-Sha's Kiddy Korner

2.57 miles

Henry Ford Kids Child Care Center

3.27 miles

Angel Land Child & Parent Center

3.86 miles

Advanced Technology Academy Pre-K & Business Office

6.25 miles

The Clifton Daycare and Development Center

6.66 miles

Sunnybrook Day Nursery

6.91 miles

New Life Head Start

7.31 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 22 Oct, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • 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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Property Tax in 2021 $47,542
  • Market Value* $1,100,000
  • Assessed Value $1,100,000

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Paradise Valley - Randolph Centre Building?

Paradise Valley - Randolph Centre Building totals 36,000 square feet.

When was this property built?

Paradise Valley - Randolph Centre Building was built in 1898.

When was Paradise Valley - Randolph Centre Building last sold?

Paradise Valley - Randolph Centre Building was last sold on 22 Oct, 2019.

What is the property tax for Paradise Valley - Randolph Centre Building?

The property tax for Paradise Valley - Randolph Centre Building in 2021 was $47,542.

What is the market value for Paradise Valley - Randolph Centre Building?

The market value* for Paradise Valley - Randolph Centre Building in 2021 was $1,100,000.
*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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