Rick Finley Building

Off-Market

431 Howard Street, Detroit, MI 48226

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Government Office
  • Property Size 76,074 SF
  • Lot Size 0.99 Acre
  • Parking Spaces Avail. 14
  • Parking Ratio 0.19 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1994

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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Brokers

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Documents

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Sales

  • Purchase Date 29 Apr, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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
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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 ®

    95/100 Walker's Paradise
  • Transit Score ®

    85/100 Excellent Transit
  • Bike Score ®

    76/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Michigan

    0.06 miles

  • Fort/Cass

    0.09 miles

  • Huntington Place

    0.21 miles

  • Times Square

    0.22 miles

  • Campus Martius

    0.29 miles

  • Financial District

    0.32 miles

  • Congress Street

    0.36 miles

  • West Riverfront

    0.36 miles

  • Grand Circus Park

    0.38 miles

  • Cadillac Center

    0.39 miles

  • Mobil

    0.10 miles

  • Bedrock Kahn Garage

    0.21 miles

  • Marathon

    0.63 miles

  • Beaubien Place Garage

    0.74 miles

  • Speedway

    0.82 miles

  • Bedrock Corktown

    0.83 miles

  • Marathon

    0.89 miles

  • Bedrock John R 1

    0.90 miles

  • Bedrock QLDC 2

    0.92 miles

  • Bedrock QLDC 1

    0.92 miles

  • 1009 Cass Garage

    0.03 miles

  • Federal Parking Lot 2

    0.03 miles

  • Federal Parking Lot 1

    0.09 miles

  • WDIV Visitor Parking

    0.13 miles

  • 441 W Fort

    0.14 miles

  • Federal Place Parking

    0.15 miles

  • AFSCME Lot

    0.15 miles

  • First Street Parking Deck

    0.17 miles

  • Millenium Garage

    0.18 miles

  • Downtown Garage

    0.18 miles

  • DoubleTree Suites by Hilton Hotel Detroit Downtown - Fort Shelby

    0.08 miles

  • Fort Shelby Hotel

    0.09 miles

  • Hotel Indigo Detroit Downtown

    0.12 miles

  • The Westin Book Cadillac Detroit

    0.15 miles

  • Leland Hotel

    0.25 miles

  • Detroit Foundation Hotel

    0.25 miles

  • Crowne Plaza Detroit Downtown Riverfront

    0.30 miles

  • Shinola Hotel

    0.34 miles

  • Aloft Detroit at The David Whitney

    0.37 miles

  • MGM Grand Detroit Hotel

    0.37 miles

  • Motor City Kitchen

    0.09 miles

  • The Trolley Room

    0.11 miles

  • Michael Symon's Roast

    0.14 miles

  • Cellar D's

    0.18 miles

  • Maru Sushi & Grill

    0.19 miles

  • Lafayette Coney Island

    0.20 miles

  • Zoom Coney Restaurant

    0.20 miles

  • American Coney Island

    0.20 miles

  • Prime + Proper

    0.21 miles

  • Tropical Smoothie Cafe

    0.22 miles

  • Michigan Institute for Construction Trades

    0.21 miles

  • Jessie C Kennedy Institute

    0.23 miles

  • Wayne County Community College Downtown Campus

    0.39 miles

  • Most Holy Trinity School

    0.46 miles

  • Grand Valley State University Detroit Center

    0.53 miles

  • Cass Technical High School

    0.72 miles

  • University of Detroit Mercy Law School

    0.76 miles

  • Detroit Public Safety Academy

    0.84 miles

  • Woodward Academy

    0.89 miles

  • Ecumenical Theological Seminary

    0.98 miles

  • Midtown KinderCare

    1.26 miles

  • Matrix Headstart

    1.99 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.15 miles

  • Kingdom Care Learning Center

    2.63 miles

  • Sha-Sha's Kiddy Korner

    3.06 miles

  • Henry Ford Kids Child Care Center

    3.36 miles

  • Angel Land Child & Parent Center

    3.83 miles

  • Matrix Head Start Infinity II

    4.54 miles

  • Advanced Technology Academy Pre-K & Business Office

    5.88 miles

  • Sunnybrook Day Nursery

    6.84 miles

Frequently Asked Questions

What is the total square footage of Rick Finley Building?

Rick Finley Building totals 76,074 square feet.

When was this property built?

Rick Finley Building was built in 1994.

When was Rick Finley Building last sold?

Rick Finley Building was last sold on 29 Apr, 2022.

What is the market value for Rick Finley Building?

The market value* for Rick Finley Building in 2022 was $8,144,800.

*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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