The Elevator Building - Office Space Availability

For Lease$22/Sqft/Year See below for details.

1938 Franklin Street, Detroit, MI 48207

  • Office
  • General Office
  • 4,428 Sqft

The Elevator Building, Detroit, MI 48207 - Office Space for rent

The Elevator Building is located at 1938 Franklin Street in the Lower East Central neighborhood, MI, Detroit, 48207. The Class B Office building was completed in 2010 and features a total of 28,000 Sqft. There are 3 Office spaces available for lease at 1938 Franklin Street, Detroit, MI, 48207, totaling 4,428 Sqft. The largest space available has 2,809 Sqft and a rental rate of $22/Sqft/Year.

There are 43 office spaces for lease in the Lower East Central neighborhood, totaling 465,821 Sqft of available office space. The office space availability for the 48207 zip code is 485,457 Sqft, in 65 office spaces. The average asking office rent per sq. ft. in Lower East Central is $17.63/sqft/year. For Class B office buildings the average office rate is $22/sqft/year.

In Lower East Central, there are 7 class B office buildings. At zip code level, there are 20 commercial properties, of which 11 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $22/Sqft/Year
  • City Detroit
  • Neighborhood Lower East Central
  • Zip Code 48207
  • Market Detroit
  • Property Type Office - General Office
  • Property Size 28,000 Sqft
  • Lot Size 0.63 Acre
  • Parking Spaces Avail. 25
  • Parking Ratio 0.90/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2010
  • Date Updated 11 Sep, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Suite 206 General Office $22/Sqft/Year 886 Sqft
  • Suite Suite 206
  • Space Type General Office
  • Total Space Available 886 Sqft
  • Floor From 2 To 2
  • Divisible Space No
  • Min Divisible 886 Sqft
  • Max Contiguous 886 Sqft
  • Lease Rate $22/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dan Gallagher Is this you?

Avison Young

(313) 209-4112

Suite 211 General Office $22/Sqft/Year 733 Sqft
  • Suite Suite 211
  • Space Type General Office
  • Total Space Available 733 Sqft
  • Floor From 2 To 2
  • Divisible Space No
  • Min Divisible 733 Sqft
  • Max Contiguous 733 Sqft
  • Lease Rate $22/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dan Gallagher Is this you?

Avison Young

(313) 209-4112

Suite 108 General Office $22/Sqft/Year 2,809 Sqft
  • Suite Suite 108
  • Space Type General Office
  • Total Space Available 2,809 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 2,809 Sqft
  • Max Contiguous 2,809 Sqft
  • Lease Rate $22/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dan Gallagher Is this you?

Avison Young

(313) 209-4112

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at The Elevator Building?

There are currently 3 office spaces in this building.

What is the largest space available at The Elevator Building?

Currently, the largest rentable space at The Elevator Building totals 2,809 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at The Elevator Building is $22/Sqft/Year per square foot.

What is the total square footage of The Elevator Building?

The Elevator Building totals 28,000 square feet.

When was this property built?

The Elevator Building was built in 2010.

Lower East Central Demographics

The average household income in zip code 48207 is $43,938, from a total of 11,609 households. In terms of employment, there are 89.42 % white-collar and 10.58 % blue-collar jobs in zip code 48207.

Population

  • Total Population21,230
  • Male Population(43.2 %) 9,175
  • Female Population(56.8 %) 12,055
  • Median Age43.80

Income/Financial

  • Average Household Income$43,938
  • Median Household Income$29,625
  • Median Income Under 25$16,027
  • Median Income 25-44$37,658
  • Median Income 45-64$28,010
  • Median Income Over 65$27,207

Leasing Contact Register now to add listings

Dan Gallagher Is this you?

Avison Young

(313) 209-4112

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