The Lane Bryant Building

1520 Woodward Avenue, Detroit, MI 48226

Off-Market

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  • Property Type Office - Creative Office
  • Property Size 36,770 SF
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1917

Location

  • Walk Score ® Walker's Paradise (95)
  • Transit Score ® Excellent Transit (85)
  • Bike Score ® Very Bikeable (72)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

Transportation

Cadillac Center

0.20 miles

Campus Martius

0.21 miles

Montcalm Street

0.30 miles

Fort/Cass

0.42 miles

Bricktown

0.44 miles

Adelaide Street

0.46 miles

Financial District

0.48 miles

Huntington Place

0.50 miles

Sproat Street

0.52 miles

Renaissance Center

0.59 miles

Fuel station

Bedrock Kahn Garage

0.59 miles

Bedrock John R 1

0.59 miles

Bedrock Corktown

1.17 miles

Bedrock QLDC 1

1.21 miles

Bedrock QLDC 2

1.21 miles

Wayne State University - Parking Structure #8

1.45 miles

Wayne State University - Parking Structure #5

2.00 miles

Detroit Pistons Performance Center

2.41 miles

BP

3.87 miles

Sunoco

4.26 miles

Parking

Prime Parking Lot 2

0.26 miles

DTE Lot 2

0.37 miles

Henry West Garage

0.42 miles

2501 Cass Lot

0.52 miles

64 Peterboro

0.81 miles

WSU Lot 75

1.45 miles

WSU Parking Structure 8

1.47 miles

WSU Parking Structure 1

2.11 miles

HFHS Patient Employee Garage

2.91 miles

Deck 300

9.96 miles

Hotels

Hotel Indigo Detroit Downtown

0.28 miles

Wright Hotel

0.29 miles

The Winder Street Inn

0.45 miles

Viking Motel

0.79 miles

Rivertown Inn & Suites

0.83 miles

El Moore

1.26 miles

Hostel Detroit

1.33 miles

Roberts Riverwalk Hotel

1.76 miles

Crest Motel

2.26 miles

Hotel St. Regis

2.74 miles

Restaurants

Detroit Made Market

0.63 miles

Haz Subs and Salads

0.90 miles

Gold Cash Gold

1.36 miles

Evie's Tamales

2.05 miles

Duly's Place Coney Island

2.94 miles

Ho Ho Village Restaurant

3.09 miles

Taqueria Mi Pueblo

4.03 miles

Amicci's Pizza

4.33 miles

Grandy's Coney Island Restaurant

5.35 miles

Popeyes

7.73 miles

Education

Grand Valley State University Detroit Center

0.16 miles

University of Detroit Mercy Law School

0.61 miles

Wayne County Community College Downtown Campus

0.77 miles

WSU Applebaum College of Pharmacy and Health Sciences

1.01 miles

WSU School of Medicine

1.42 miles

Bunche Preparatory Academy

1.44 miles

Physics and Astronomy Building

1.65 miles

Wayne State University

1.88 miles

University of Detroit Mercy Corktown Campus

1.93 miles

College for Creative Studies

1.95 miles

Child care

Midtown KinderCare

0.95 miles

Matrix Headstart

1.64 miles

Vista's Nuevas Headstart Gasper Fiore Center

2.39 miles

Sha-Sha's Kiddy Korner

2.70 miles

Henry Ford Kids Child Care Center

3.17 miles

Angel Land Child & Parent Center

3.73 miles

Advanced Technology Academy Pre-K & Business Office

6.07 miles

The Clifton Daycare and Development Center

6.68 miles

Sunnybrook Day Nursery

6.78 miles

New Life Head Start

7.42 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 21 Dec, 2011
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 $155,283
  • Current Tax $33,999
  • Market Value* $3,592,800
  • Assessed Value $3,592,800

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 The Lane Bryant Building?

The Lane Bryant Building totals 36,770 square feet.

When was this property built?

The Lane Bryant Building was built in 1917.

When was The Lane Bryant Building last sold?

The Lane Bryant Building was last sold on 21 Dec, 2011.

What is the market value for The Lane Bryant Building?

The market value* for The Lane Bryant Building in 2021 was $3,592,800.
*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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