Listing Agency: CBRE | Detroit b***@cbre.com Show Phone

Listed By: Brendan George · License #6502401928 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 9 Last Checked: Aug 20 at 9:56AM

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Investment Insights

Based on property information with market context.

This 2,800 RSF office suite, identified as Suite 300, is available for rent. The lease term expires in September 2024. The rental rate is $16.00 per RSF, plus utilities. The space features a loft-style design with exposed brick and wood floors. Furniture is negotiable. The property is located proximate to Comerica Park, Ford Field, the Detroit Opera House, the Detroit Athletic Club (DAC), and the 36th District Court. It also offers easy access to I-375.

Key Highlights

• Beautiful loft‑style space with exposed brick and wood floors
• Proximate to Comerica Park, Ford Field, Detroit Opera House, DAC, & 36th District Court
• Easy Access to I‑375

Property Analytics

Property Profile

Current Use

Great Lakes Group ... Insurance Agency Work-Ethics Employment Services Employment Agency LENTICULAR PRINTING Marketing & Advertising funding roots Real Estate Agency You Walk Bail ... Law Firm

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Electrical Service HVAC Service Building Supply Veterinary Clinic

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

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

5,844

Businesses Nearby

Explore this area Business Placement

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 20% below 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - 2,800 RSF office suite for rent near downtown Detroit.

Where is this office units located?

The property is located at 1442 Brush Street Detroit, MI.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Beautiful loft‑style space with exposed brick and wood floors; Proximate to Comerica Park, Ford Field, Detroit Opera House, DAC, & 36th District Court; Easy Access to I‑375