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Creative Office Space in Corktown
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1401 Vermont St, Detroit, MI 48216

Creative office suites available in Corktown's technology hub.

Space Size1,039 SF - 2,751 SF
Property Size28,402 SF
Days on Market783

Property Features for 1401 Vermont St

General Information

Standard status Active
Size 1,039 SF - 2,751 SF
Class B
Total Parking Spaces 20
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 28,402 SF
Year Built 1932
Tenancy Multiple

Spaces For Lease

at 1401 Vermont St Contact us

Suite 100

Size
1,838 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 210

Size
2,616 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 225

Size
1,039 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 230

Size
2,751 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: O'Connor Real Estate
Listed By: Vincent Mazzola · License #6501387170
Source: Crexi
Added: Jul 15, 2024 Changed: Sep 2 Last Checked: Sep 3 at 12:13AM

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 O'Connor Real Estate

Investment Insights

Based on property information with market context.

Located in Corktown's advanced technology hub, 1401 Vermont Street is situated a few blocks from Michigan Central Station and the Book Depository. The building provides creative office suites, with available spaces ranging from 1,039 to 2,616 square feet. The common entrance and corridors have been recently renovated. Onsite parking is available, and the building features 24-hour badge access control.

Key Highlights

  • Prime location in Corktown's technology hub, near Michigan Central Station.
  • Creative office suites available in various sizes (1,039 to 2,616 sq ft).
  • Onsite parking available.

Property Analytics

Current Use

Detroit Soup Association / Organization EM 360 Digital Marketing & Advertising Solara Medical Supplies ... Medical Supply Store Reluctantly Brave Advertising Agency ROSY AND SHAUN WEDDING ... Wedding Service

Suggested Use

Top Pick Dental Office Nail Salon HVAC Service Big Box & Wholesale Store Garden Center Hair Salon

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

Demographics for 48216, MI

5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
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

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Creative space - Creative office suites available in Corktown's technology hub.
Where is this creative space located?
The property is located at 1401 Vermont St Detroit, MI.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Prime location in Corktown's technology hub, near Michigan Central Station.; Creative office suites available in various sizes (1,039 to 2,616 sq ft).; Onsite parking available.
(313) 704-2678 Call to check price and availability
More about this property
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