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Prime Location Office and Retail
For Lease
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7300 Woodward Ave, Detroit, MI 48202

Located at Woodward and Grand, undergoing extensive upgrades.

Space SizeContact for details
Property Size263,240 SF
Days on Market673

Property Features for 7300 Woodward Ave

General Information

Standard status Active
Size 263,240 SF
Class B
Total Parking Spaces 300
Property subtype Office
Lease Type Full Service

Building Details

Building Size 263,240 SF
Year Built 1912
Tenancy Multiple

Spaces For Lease

at 7300 Woodward Ave Contact us

7300 Woodward

Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: O'Connor Real Estate
Listed By: Vincent Mazzola · License #6501387170
Source: Crexi
Added: Oct 18, 2024 Changed: Aug 14 Last Checked: Aug 19 at 4:20PM

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 at the intersection of Woodward Avenue and Grand Boulevard, 7300 Woodward is positioned where the New Center, Milwaukee Junction, Tech Town, and North End neighborhoods meet. The building is less than a mile from I-75, I-94, and M-10, offering convenient access to expressways and on-site parking. The QLine streetcar is nearby, providing transit to Midtown and Downtown. Upgrades are underway, including enhancements to the facade, entrances, HVAC system, and elevators, aimed at attracting new office and retail tenants.

Key Highlights

  • Prime location at the intersection of Woodward Avenue and Grand Boulevard, connecting four key neighborhoods.
  • Easy access to I‑75, I‑94, and M‑10 highways.
  • Proximity to the QLine streetcar for convenient transit to Midtown and Downtown.

Property Analytics

Current Use

7300 Woodward Corporate Office

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom Nail 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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,750
Businesses Nearby

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

Market

Lease Benchmarks for Detroit, MI

$22.27 /SF/Yr
Avg Asking Price
$15.95–$30 /SF/Yr
Price Range
68,282 SF
Avg Space Size

This space is priced 24% below the average of $22.27 /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 building - Located at Woodward and Grand, undergoing extensive upgrades.
Where is this office building located?
The property is located at 7300 Woodward Ave Detroit, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prime location at the intersection of Woodward Avenue and Grand Boulevard, connecting four key neighborhoods.; Easy access to I‑75, I‑94, and M‑10 highways.; Proximity to the QLine streetcar for convenient transit to Midtown and Downtown.
(313) 704-2678 Call to check price and availability
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