Royal Plaza

Detroit is the most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from Windsor, Ontario. It had a population of 639,111 at the 2020 census, making it the 26th-most populous city in the United States and the largest U.S. city on the Canada–United States border. The Metro Detroit area, home to 4.3 million people, is the second-largest in the Midwest after the Chicago metropolitan area and the 14th-largest in the United States. The seat of Wayne County, Detroit, is a significant cultural center known for its contributions to music, art, architecture, and design, in addition to its historical automotive and industrial background. Several major corporations are based in the city, including three Fortune 500 companies. The most heavily represented sectors are manufacturing (particularly automotive), finance, technology, and health care. The most significant companies based in Detroit include General Motors, Rocket Mortgage, Ally Financial, Compuware, Shinola, American Axle, Little Caesars, DTE Energy, Lowe Campbell Ewald, Blue Cross Blue Shield of Michigan, and Rossetti Architects. About 80,500 people work in downtown Detroit, comprising one-fifth of the city's employment base. Aside from the numerous Detroit-based companies listed above, downtown contains large offices for Comerica, Chrysler, Fifth Third Bank, HP Enterprise, Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. Ford Motor Company is in the adjacent city of Dearborn. Thousands more employees work in Midtown, north of the central business district. Midtown's anchors are the city's largest single employer, Detroit Medical Center, Wayne State University, and the Henry Ford Health System in New Center. Midtown is also home to watchmaker Shinola and an array of small and startup companies. New Center bases TechTown, a research and business incubator hub that is part of the Wayne State University system. Like downtown, Corktown Is experiencing growth with the new Ford Corktown Campus under development.Introducing a prime investment opportunity in Detroit, MI – a 5,169 SF office building located at 16005 W McNichols Rd. This historic property, constructed in 1946, boasts a desirable B2 zoning, making it perfect for office or office building investors. With its generous square footage and strategic location, this property offers tremendous potential for growth and development. Don't miss out on the chance to add this valuable asset to your portfolio and capitalize on the thriving Detroit real estate market.