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Downtown Detroit Office Space
For Lease
$21 SF/Yr

1 Woodward Avenue, Detroit, MI 48226

Modern office with city and river views in Detroit.

Space SizeContact for details
Days on Market150

Property Features for 1 Woodward Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Detroit
Listed By: Brendan George · License #6502401928
Source: Cbre
Added: Mar 25 Changed: Aug 13 Last Checked: Aug 20 at 7:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Detroit

Investment Insights

Based on property information with market context.

Located at a prestigious address, this office space offers modern amenities and breathtaking city and river views from the 15th floor. Suite 1504 features 2,559 rentable square feet, with the option to expand up to 3,787 square feet. Situated in a landmark building, the suite provides a prime position overlooking Hart Plaza and the Detroit River, offering impressive views and a prestigious downtown Detroit address. The building includes amenities such as valet parking, a planned tenant lounge, and access to event spaces like the glass-enclosed atrium. The property is located in the heart of the Central Business District, surrounded by prominent tenants such as Fifth Third Bank, Kitch, and Rocket Mortgage. The sublease is available through 7/31/2028.

Key Highlights

  • Breathtaking city and river views from the 15th floor.
  • Prime location in the heart of Detroit's Central Business District, overlooking Hart Plaza and the Detroit River.
  • Option to expand the suite from 2,559 to 3,787 rentable square feet.

Property Analytics

Current Use

DiPilla Dentistry of Detroit Dental Office Kitch Attorneys & Counselors, ... Law Firm Fraser Trebilcock Law Firm Meghan Kennedy Riordan Law Firm Pma Consultants LLC Business Management Consultant

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Electrical Service HVAC Service Veterinary Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,422
Businesses Nearby

Demographics for 48226, MI

6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$19.96 /SF/Yr
Avg Asking Price
$3.25–$85.71 /SF/Yr
Price Range
37,716 SF
Avg Space Size

This space is priced 5% above the average of $19.96 /SF/Yr.

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Modern office with city and river views in Detroit.
Where is this office units located?
The property is located at 1 Woodward Avenue Detroit, MI.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Breathtaking city and river views from the 15th floor.; Prime location in the heart of Detroit's Central Business District, overlooking Hart Plaza and the Detroit River.; Option to expand the suite from 2,559 to 3,787 rentable square feet.
More about this property
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