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Stroh River Place

Off-Market

300 River Place, Detroit, MI 48207

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  • Property Type Office - General Office
  • Property Size 502,300 SF
  • Lot Size 2.34 Acre
  • Parking Spaces Avail. 1642
  • Parking Ratio 3.27 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1987

Location

  • Walk Score ® Very Walkable (71)
  • Transit Score ® Some Transit (48)
  • Bike Score ® Very Bikeable (81)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Lower East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

Bricktown

1.24 miles

Renaissance Center

1.24 miles

Greektown

1.29 miles

Millender Center

1.33 miles

Cadillac Center

1.49 miles

Congress Street

1.52 miles

Broadway

1.58 miles

Grand Circus Park

1.69 miles

Times Square

1.79 miles

Fort/Cass

1.80 miles

Bedrock John R 1

1.86 miles

Bedrock Kahn Garage

2.02 miles

Wayne State University - Parking Structure #8

2.63 miles

Bedrock Corktown

2.63 miles

Bedrock QLDC 2

2.76 miles

Bedrock QLDC 1

2.76 miles

Wayne State University - Parking Structure #6

2.87 miles

Wayne State University - Lot #50

3.19 miles

Wayne State University - Parking Structure #5

3.24 miles

Detroit Pistons Performance Center

3.58 miles

Port Atwater Garage

1.16 miles

Prime Parking Lot 1

1.34 miles

401 Gratiot

1.40 miles

Tigers/Lions Parking Garage

1.63 miles

511 Grand River Lot

1.87 miles

WSU Parking Structure 7

2.21 miles

Garfield Manor lot

2.52 miles

DMC Lot

2.62 miles

WSU Lot 71

2.64 miles

CCS Parking Structure

2.88 miles

Comfort Inn

0.48 miles

Hollywood Casino at Greektown

1.20 miles

Detroit Marriott at the Renaissance Center

1.26 miles

Courtyard by Marriott Detroit Downtown

1.30 miles

Hilton Garden Inn Detroit Downtown

1.42 miles

Shinola Hotel

1.60 miles

Aloft Detroit at The David Whitney

1.69 miles

The Westin Book Cadillac Detroit

1.71 miles

The Cochrane House

1.73 miles

MGM Grand Detroit Hotel

2.14 miles

Pekin Chinese Food

0.97 miles

La Lanterna

1.64 miles

Detroit Made Market

1.71 miles

Mike's Pizza Bar

1.89 miles

Midtown Zef's

2.43 miles

McDonald's

2.50 miles

Onassis Coney Island

2.59 miles

Bucharest Grill

2.66 miles

Fresh Rootz, LLC

2.82 miles

Las Cazuelas

5.24 miles

University of Detroit Mercy Law School

1.08 miles

Grand Valley State University Detroit Center

1.60 miles

Wayne County Community College Downtown Campus

2.16 miles

WSU Applebaum College of Pharmacy and Health Sciences

2.17 miles

WSU School of Medicine

2.40 miles

University Tower

2.63 miles

College for Creative Studies

2.92 miles

Physics and Astronomy Building

2.92 miles

Wayne State University

3.09 miles

University of Detroit Mercy Corktown Campus

3.55 miles

Sha-Sha's Kiddy Korner

1.91 miles

Midtown KinderCare

2.03 miles

Matrix Headstart

2.23 miles

Kingdom Care Learning Center

3.26 miles

Vista's Nuevas Headstart Gasper Fiore Center

3.99 miles

Henry Ford Kids Child Care Center

4.29 miles

Angel Land Child & Parent Center

5.06 miles

Growing Minds Learning Center

5.81 miles

New Life Head Start

6.43 miles

Fleming Early Learning Neighborhood Center

6.55 miles

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 02 Jul, 2021
  • 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.

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

Tax

  • Base Tax $878,307
  • Current Tax $32,270
  • Market Value* $20,321,400
  • Assessed Value $20,321,400

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 Stroh River Place?

Stroh River Place totals 502,300 square feet.

When was this property built?

Stroh River Place was built in 1987.

When was Stroh River Place last sold?

Stroh River Place was last sold on 02 Jul, 2021.

What is the market value for Stroh River Place?

The market value* for Stroh River Place in 2021 was $20,321,400.
*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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