Creative Office & Coworking
For Lease
$19.14 SF/Yr
1938 Franklin St, Detroit, MI 48207
Light-filled, high-ceiling suites with exposed brick and beams for media, design, wellness, and community services teams.
Space SizeContact for details
Days on Market101
Property Features for 1938 Franklin St
General Information
Standard status
Active
Property subtype
Office
Zoning
SD4
Listing Agency:
Avison Young | Detroit
Listed By:
Sloane Walsh
(313) 209-4126
Source:
Cpix.resimplifi
Added: May 28
Changed: Sep 2
Last Checked: Sep 5 at 3:50AM
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 Avison Young | Detroit
Investment Insights
Based on property information with market context.
This building brings together a community of creative professionals across media, architecture and design, wellness, and community services. The available spaces are designed for everyday work with ample natural light, high ceilings, and an industrial-meets-creative look featuring exposed brick and beams.
For day-to-day convenience, the property offers easy walk access to Downtown along the Riverwalk. It also provides convenient access to Lafayette Park and Eastern Market via the Dequindre Cut, with the option of quick micromobility via Mo-Go scooter.
The tenant mix and interior character make the space well-suited for organizations that benefit from an open, creative environment rather than a traditional corporate office feel. It can be a strong fit for teams in media, design, wellness, or service-focused work that want a flexible, community-oriented setting with strong visual presence and a comfortable, well-lit layout.
For day-to-day convenience, the property offers easy walk access to Downtown along the Riverwalk. It also provides convenient access to Lafayette Park and Eastern Market via the Dequindre Cut, with the option of quick micromobility via Mo-Go scooter.
The tenant mix and interior character make the space well-suited for organizations that benefit from an open, creative environment rather than a traditional corporate office feel. It can be a strong fit for teams in media, design, wellness, or service-focused work that want a flexible, community-oriented setting with strong visual presence and a comfortable, well-lit layout.
Key Highlights
- Light‑filled suites with high ceilings and exposed brick and beams
- Suitable for media, architecture/design, wellness, and community services uses
- Easy walk or Mo‑Go scooter access to Downtown via the Riverwalk
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.87 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$18.87 /SF/Yr
Avg Asking Price
$12.39–$27 /SF/Yr
Price Range
10,323 SF
Avg Space Size
This space is priced 1% above the average of $18.87 /SF/Yr.
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Creative space - Light-filled, high-ceiling suites with exposed brick and beams for media, design, wellness, and community services teams.
Where is this creative space located?
The property is located at 1938 Franklin St Detroit, MI.
What is the lease rate?
The lease rate is $19.14 SF/Yr.
What are key features of this property?
This property features: Light‑filled suites with high ceilings and exposed brick and beams; Suitable for media, architecture/design, wellness, and community services uses; Easy walk or Mo‑Go scooter access to Downtown via the Riverwalk
