Prime Retail/Office Space in
For Lease
$19.50 SF/Yr
3031 W Grand Blvd, Detroit, MI 48202
Retail/office space in the heart of Detroit's New Center.
Space Size371 SF - 29,507 SF
Property Size496,208 SF
Days on Market253
Property Features for 3031 W Grand Blvd
General Information
Standard status
Active
Size
371 SF - 29,507 SF
Class
A
Property subtype
Office
Lease Term
MG; Gross; plus Electric
Building Details
Building Size
496,208 SF
Year Built
1982
Spaces For Lease
at 3031 W Grand Blvd Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| 126 | 2,187 SF | Street Retail | $19.50/SF/Yr | — | Contact us |
| 134 | 1,760 SF | Street Retail | $19.50/SF/Yr | — | Contact us |
| 140 | 6,722 SF | Office Building | $19.50 – $22/SF/Yr | — | Contact us |
| 180 | 890 SF | Street Retail | $19.50 – $22/SF/Yr | — | Contact us |
| 200 | 1,400 SF | Street Retail | $19.50 – $22/SF/Yr | — | Contact us |
| 206 | 371 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 220 | 1,270 SF | Street Retail | $19.50/SF/Yr | — | Contact us |
| 230 | 2,071 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 255 | 8,783 SF | Office Building | $19.50 – $22/SF/Yr | — | Contact us |
| 400 | 5,705 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 425 | 1,175 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 465 | 3,060 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 470 | 5,331 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 545 | 4,417 SF | Office Building | $19.50 – $22/SF/Yr | — | Contact us |
| 637 | 998 SF | Office Building | $19.50 – $22/SF/Yr | — | Contact us |
| 645 | 1,682 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 650 | 2,671 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 660 | 17,000 SF | Office Building | $19.50/SF/Yr | — | Contact us |
| 750 | 29,507 SF | Office Building | $19.50/SF/Yr | — | Contact us |
Show all 19 spaces
Listed By:
Christina Reum
(248) 497-2357
Source:
Naiglobal
Added: Jan 27
Changed: Oct 2
Last Checked: Oct 7 at 11:11AM
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 Christina Reum
Investment Insights
Based on property information with market context.
Located in the heart of the New Center area and the northern end of Midtown Detroit, this retail/office building offers excellent street visibility and high foot traffic due to its proximity to neighboring buildings. The property is within close proximity to Wayne State University and the Henry Ford Hospital Campus. Space available ranges from 371 to 8,700 square feet of prime retail space. The location provides convenient access to the QLINE and all bus routes. It is connected by a walkway to 2 million square feet of office space servicing 2,000 employees daily. The property features exclusive access to a loading dock and abundant parking, including an adjacent parking lot servicing the main retail entrance and additional building parking in a covered parking deck. A second entrance from the interior atrium provides access to retail stores, banks, a daycare, and a food court. The building includes an atrium, bank, post office, and conference facility, among other amenities. It is within walking distance of the historical Fisher Building, Cadillac Place, Hotel St. Regis, the Albert Kahn Building, the Center for Creative Studies, and the Wayne State University Interactive Bioscience Center. Lease terms are available for 5-10 years.
Key Highlights
- Prime retail space available in the heart of New Center, ranging from 371‑8,700 SF.
- High foot traffic location with excellent street visibility and a direct walkway connection to 2 million SF of office space servicing 2,000 employees daily.
- Abundant parking options including an adjacent lot and covered parking deck.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,237
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Detroit, MI
$18.31 /SF/Yr
Avg Asking Price
$5.35–$100 /SF/Yr
Price Range
13,272 SF
Avg Space Size
This space is priced 6% above the average of $18.31 /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?
Retail space - Retail/office space in the heart of Detroit's New Center.
Where is this retail space located?
The property is located at 3031 W Grand Blvd Detroit, MI.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Prime retail space available in the heart of New Center, ranging from 371‑8,700 SF.; High foot traffic location with excellent street visibility and a direct walkway connection to 2 million SF of office space servicing 2,000 employees daily.; Abundant parking options including an adjacent lot and covered parking deck.
