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Multi-Building Office Campus
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3950 Mt Elliott St, Detroit, MI 48207

Flexible office layout spans three buildings with updated exterior and 37 paved on-site parking spaces.

Property Size15,608 SF
Days on Market319

Property Features for 3950 Mt Elliott St

General Information

Standard status Active
Size 15,608 SF
Total Parking Spaces 37
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Highway Access Yes
Listing Agency: NAI Farbman - Corporate
Listed By: Brad Margolis · License #6501371948
Source: Moodyscre
Added: Sep 17, 2025 Changed: Jul 28 Last Checked: Aug 1 at 10:54AM

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 NAI Farbman - Corporate

Investment Insights

Based on property information with market context.

This flexible office campus features a layout spread across three buildings, supported by a well-maintained exterior. The property includes an updated façade and updated window lines designed to bring natural light into the office spaces.

Convenient highway access is available via I-94, I-75, and Gratiot Avenue. The site is also positioned about 4 minutes from Eastern Market and under 10 minutes to Downtown Detroit, serving users who need straightforward commuting options.

The campus includes a private lot with 37 paved on-site parking spaces, providing practical on-site parking capacity for tenants and visitors. The property is set within a mixed-use corridor surrounded by community organizations, industrial businesses, and redevelopment zones.

Key Highlights

  • Flexible office layout across three buildings, suited for multi‑tenant office, nonprofit, healthcare, or educational uses
  • Convenient access to I‑94, I‑75, and Gratiot Avenue
  • 4 minutes to Eastern Market and under 10 minutes to Downtown Detroit

Property Analytics

Current Use

Barton Pharmacy Pharmacy Bashiru T. Adams, ... Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Restaurant

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

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

$18.4 /SF/Yr
Avg Asking Price
$3.25–$85.71 /SF/Yr
Price Range
22,830 SF
Avg Space Size

This space is priced 35% below the average of $18.4 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office layout spans three buildings with updated exterior and 37 paved on-site parking spaces.
Where is this office units located?
The property is located at 3950 Mt Elliott St Detroit, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Flexible office layout across three buildings, suited for multi‑tenant office, nonprofit, healthcare, or educational uses; Convenient access to I‑94, I‑75, and Gratiot Avenue; 4 minutes to Eastern Market and under 10 minutes to Downtown Detroit
(248) 351-6331 Call to check price and availability
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