Russell Industrial Center - 1680 Clay Street

Off-Market

1680 Clay Street, Detroit, MI 48209

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

  • Property Type Industrial - Flex - Industrial
  • Property Size 655,000 SF
  • Lot Size 6.39 Acre
  • Parking Spaces Avail. 98
  • Parking Ratio 0.15 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1926

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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Documents

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Sales

  • Purchase Date 30 Mar, 2004
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable
  • Transit Score ®

    40/100 Some Transit
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Upper East Central
  • Zip Code 48209
  • Market Detroit

Points of Interest

  • Grand Boulevard

    0.94 miles

  • Baltimore Street

    0.98 miles

  • Detroit

    1.03 miles

  • Amsterdam Street

    1.05 miles

  • Ferry Street

    1.29 miles

  • Warren Avenue

    1.48 miles

  • Canfield Street

    1.81 miles

  • Mack Avenue

    2.18 miles

  • Martin Luther King Junior Boulevard

    2.20 miles

  • Checker Cab #977

    2.44 miles

  • Mobil

    0.26 miles

  • Sunoco

    0.46 miles

  • Marathon

    0.75 miles

  • Sunoco

    0.91 miles

  • Citgo

    0.99 miles

  • BP

    1.09 miles

  • Mobil

    1.16 miles

  • Mobil

    1.22 miles

  • Marathon

    1.23 miles

  • Marathon

    1.24 miles

  • Lot 12

    0.81 miles

  • John R Lot

    0.88 miles

  • New Center Garage

    1.02 miles

  • CCS Woodward Lot

    1.02 miles

  • Cass Avenue Garage

    1.03 miles

  • Kirby Center Lofts Lot

    1.05 miles

  • WSU Lot 12

    1.05 miles

  • MDOT Lot

    1.07 miles

  • CCS Parking Structure

    1.10 miles

  • WSU Lot 14

    1.12 miles

  • Krispy Krunchy Chicken

    0.26 miles

  • Parks Old Style Bar-B-Q

    0.59 miles

  • Grandy's Coney Island

    0.72 miles

  • Miss Virginia's Ice Cream Parlor

    0.73 miles

  • Yemen Cafe

    0.85 miles

  • Baobab Fare

    0.93 miles

  • Turkey Grill

    0.95 miles

  • Yum Village

    0.95 miles

  • Bucharest Grill

    0.96 miles

  • White Castle

    0.96 miles

  • King Cole Foods

    1.25 miles

  • Food Pride Super Market

    1.39 miles

  • Fruit Market

    1.50 miles

  • Al-Haramain International Foods

    1.54 miles

  • University Foods

    1.97 miles

  • Save-A-Lot

    1.99 miles

  • Family Foods Superstore

    2.05 miles

  • Whole Foods Market

    2.09 miles

  • Gratiot Central Market

    2.57 miles

  • Save-A-Lot

    2.68 miles

  • Henry Ford Medical Center - Hamtramck

    0.85 miles

  • DMC Family Practice

    0.93 miles

  • Max Care - Medical Group and Urgent Care

    1.01 miles

  • CVS Pharmacy

    1.07 miles

  • Russell's Pharmacy

    1.12 miles

  • WSU Police Department

    1.16 miles

  • Engine Number 23 Fire Station

    1.17 miles

  • William Clay Ford Center for Athletic Medicine

    1.19 miles

  • Institute for Population Health

    1.22 miles

  • Engine Number 35 Fire Station

    1.22 miles

Frequently Asked Questions

What is the total square footage of Russell Industrial Center - 1680 Clay Street?

Russell Industrial Center - 1680 Clay Street totals 655,000 square feet.

When was this property built?

Russell Industrial Center - 1680 Clay Street was built in 1926.

When was Russell Industrial Center - 1680 Clay Street last sold?

Russell Industrial Center - 1680 Clay Street was last sold on 30 Mar, 2004.

What is the market value for Russell Industrial Center - 1680 Clay Street?

The market value* for Russell Industrial Center - 1680 Clay Street in 2021 was $1,382,000.
*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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