The Block at Cass Park

Off-Market

2727 2nd Avenue, Detroit, MI 48201

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

  • Property Type Office - General Office
  • Property Size 247,869 SF
  • Lot Size 1.99 Acre
  • Parking Spaces Avail. 151
  • Parking Ratio 0.61 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1930

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 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 ®

    77/100 Very Walkable
  • Transit Score ®

    77/100 Excellent Transit
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Lower Woodward
  • Zip Code 48201
  • Market Detroit

Points of Interest

  • Checker Cab #977

    0.27 miles

  • Sproat Street

    0.40 miles

  • Adelaide Street

    0.42 miles

  • Montcalm Street

    0.48 miles

  • Martin Luther King Junior Boulevard

    0.53 miles

  • Mack Avenue

    0.55 miles

  • Grand Circus Park

    0.63 miles

  • Times Square

    0.66 miles

  • Broadway

    0.76 miles

  • Michigan

    0.77 miles

  • Bedrock John R 1

    0.52 miles

  • Marathon

    0.74 miles

  • Mobil

    0.75 miles

  • Marathon

    0.85 miles

  • Bedrock Kahn Garage

    0.89 miles

  • Mobil

    0.90 miles

  • Wayne State University - Parking Structure #8

    0.94 miles

  • Shell

    0.99 miles

  • Bedrock QLDC 1

    1.01 miles

  • Bedrock QLDC 2

    1.04 miles

  • 2961 2nd Lot

    0.13 miles

  • 2721 Cass Lot

    0.16 miles

  • 2501 Cass Lot

    0.20 miles

  • Xia Parking

    0.20 miles

  • 2955 Cass Lot

    0.20 miles

  • ODM Lot 1

    0.22 miles

  • Temple West Garage

    0.26 miles

  • Little Caesars Arena Garage

    0.26 miles

  • 2966 Cass Lot

    0.26 miles

  • 3110 Cass

    0.27 miles

  • Viking Motel

    0.14 miles

  • King's Arms Hotel

    0.39 miles

  • Wright Hotel

    0.43 miles

  • The Inn at 97 Winder

    0.51 miles

  • MGM Grand Detroit Hotel

    0.52 miles

  • Leland Hotel

    0.57 miles

  • The Cochrane House

    0.59 miles

  • The Winder Street Inn

    0.60 miles

  • El Moore

    0.64 miles

  • Aloft Detroit at The David Whitney

    0.65 miles

  • White Grove

    0.20 miles

  • ZZ Market & Grill

    0.25 miles

  • Peterboro

    0.30 miles

  • Bucharest Grill

    0.33 miles

  • Sports & Social Detroit

    0.38 miles

  • The District Market Detroit

    0.38 miles

  • Mike's Pizza Bar

    0.41 miles

  • Pho Lucky

    0.42 miles

  • Top China 1

    0.44 miles

  • Detroit One Coney Island

    0.46 miles

  • Cass Technical High School

    0.12 miles

  • Cultural Center Early Learning Center

    0.34 miles

  • Detroit Delta Preparatory Academy

    0.41 miles

  • Couzens School

    0.41 miles

  • Ecumenical Theological Seminary

    0.47 miles

  • Detroit School of Arts

    0.58 miles

  • Experiencia Preparatory Academy

    0.59 miles

  • WSU Applebaum College of Pharmacy and Health Sciences

    0.68 miles

  • Grand Valley State University Detroit Center

    0.69 miles

  • Most Holy Trinity School

    0.70 miles

  • Midtown KinderCare

    0.73 miles

  • Matrix Headstart

    1.48 miles

  • Kingdom Care Learning Center

    1.90 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    1.94 miles

  • Henry Ford Kids Child Care Center

    2.56 miles

  • Sha-Sha's Kiddy Korner

    2.97 miles

  • Angel Land Child & Parent Center

    3.04 miles

  • Matrix Head Start Infinity II

    4.27 miles

  • Advanced Technology Academy Pre-K & Business Office

    5.50 miles

  • Sunnybrook Day Nursery

    6.07 miles

Frequently Asked Questions

What is the total square footage of The Block at Cass Park?

The Block at Cass Park totals 247,869 square feet.

When was this property built?

The Block at Cass Park was built in 1930.

What is the market value for The Block at Cass Park?

The market value* for The Block at Cass Park in 2021 was $14,800,600.
*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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