The Icon

Off-Market

200 Walker Street, Detroit, MI 48207

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  • Property Type Office - General Office
  • Property Size 420,000 SF
  • Lot Size 15.91 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2000

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 22 Dec, 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.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable
  • Transit Score ®

    47/100 Some Transit
  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Lower East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

  • Bricktown

    1.44 miles

  • Renaissance Center

    1.46 miles

  • Greektown

    1.49 miles

  • Millender Center

    1.54 miles

  • Cadillac Center

    1.69 miles

  • Congress Street

    1.73 miles

  • Campus Martius

    1.77 miles

  • Broadway

    1.77 miles

  • Financial District

    1.81 miles

  • Grand Circus Park

    1.88 miles

  • Marathon

    0.43 miles

  • Shell

    0.43 miles

  • Mobil

    0.67 miles

  • Mobil

    0.94 miles

  • Marathon

    1.19 miles

  • Speedway

    1.24 miles

  • BP

    1.33 miles

  • Sunoco

    1.35 miles

  • Sunoco

    1.37 miles

  • Marathon

    1.60 miles

  • River Place Parking Garage

    0.20 miles

  • Indycar Pit Parking

    0.79 miles

  • Detroit Riverwalk Parking

    1.04 miles

  • River East Garage

    1.14 miles

  • D-2 Lot

    1.18 miles

  • D-4 Lot

    1.20 miles

  • GM Lot

    1.21 miles

  • D-3 Lot

    1.24 miles

  • D-1 Lot

    1.25 miles

  • BCBS Employee Deck

    1.28 miles

  • Roberts Riverwalk Hotel

    0.13 miles

  • Baymont by Wyndham Downtown Detroit

    0.21 miles

  • Comfort Inn

    0.67 miles

  • Rivertown Inn & Suites

    1.07 miles

  • Hollywood Casino at Greektown

    1.39 miles

  • Detroit Marriott at the Renaissance Center

    1.48 miles

  • Courtyard by Marriott Detroit Downtown

    1.51 miles

  • Atheneum Suite Hotel

    1.51 miles

  • Courtyard

    1.52 miles

  • Hilton Garden Inn Detroit Downtown

    1.61 miles

  • Bread Basket Deli

    0.22 miles

  • Tubby's

    0.22 miles

  • Rivertown Pizza Papalis

    0.27 miles

  • Jet's Pizza

    0.29 miles

  • Subway

    0.29 miles

  • Peking Express

    0.31 miles

  • Breadless

    0.35 miles

  • Bucharest Grill

    0.36 miles

  • Happy's Pizza

    0.48 miles

  • Little Caesars

    0.50 miles

  • Detroit Academy of Arts and Sciences

    0.29 miles

  • University Prep Science & Math High School

    0.35 miles

  • Martin Luther King High School

    0.45 miles

  • Bunche Preparatory Academy

    0.67 miles

  • Walter P. Chrysler Elementary School

    1.02 miles

  • University Prep Science & Math Elementary - Sidney D. Miller Campus

    1.10 miles

  • Field School

    1.17 miles

  • Woodward Academy

    1.22 miles

  • Ralph Bunche Elementary School

    1.25 miles

  • University of Detroit Mercy Law School

    1.29 miles

  • Sha-Sha's Kiddy Korner

    1.79 miles

  • Midtown KinderCare

    2.16 miles

  • Matrix Headstart

    2.30 miles

  • Kingdom Care Learning Center

    3.34 miles

  • Matrix Head Start Infinity II

    3.42 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    4.20 miles

  • Henry Ford Kids Child Care Center

    4.39 miles

  • Angel Land Child & Parent Center

    5.18 miles

  • Growing Minds Learning Center

    5.60 miles

  • New Life Head Start

    6.25 miles

Frequently Asked Questions

What is the total square footage of The Icon?

The Icon totals 420,000 square feet.

When was this property built?

The Icon was built in 2000.

When was The Icon last sold?

The Icon was last sold on 22 Dec, 2021.

What is the market value for The Icon?

The market value* for The Icon in 2022 was $44,843,400.
*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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