Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 Campus Martius Detroit, MI 48226

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prestigious Class A office space, flexible layouts.

    Lot size:
    1,295,089 SF

    Property Features for 0 1 Campus Martius

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,295,089 SF
    Class
    A
    Total Rate
    1888671.46

    Building Details

    Year Built/Renovated
    2001/2003
    Buildings
    1
    Stories
    15

    Spaces For Lease

    at 0 1 Campus Martius, Detroit, MI 48226 Contact us
    Unit Monroe Wing

    $17 /Mo

    Size
    30,296 SF
    Contact us
    Unit Woodward Wing

    $17 /Mo

    Size
    27,650 SF
    Contact us

    We can help!

    Listing Contact
    John Fricke
    John Fricke

    Listing Agent: John Fricke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Class A office building, One Campus Martius, offers unparalleled executive office space in the heart of Detroit, Michigan. Located at One Campus Martius, with a convenient cross street address of Woodward & Monroe, this iconic 15-story building boasts a total of 1,295,089 square feet. Built in 2001 and renovated in 2003, the property features modern amenities and a prime location. Currently, there are two suites available, offering flexible space options ranging from a minimum of 27,650 square feet to a maximum contiguous space of 57,946 square feet. The building itself comprises a single structure with multiple tenants and features high-speed elevators. The property's prime location in Wayne County, with a zip code of 48226, provides easy access to major transportation routes and a vibrant urban environment. This is an exceptional opportunity to secure prestigious office space in a landmark Detroit building. The property's APN is 01-0041069. The available space presents a unique chance to establish a prominent presence in the city's dynamic business district. With its modern design and convenient location, this property is ideal for businesses seeking a sophisticated and efficient workspace. The significant amount of vacant space allows for customization and flexibility to meet specific business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Benzinga (Bike/Boat/Book/etc) Store Meridian Insurance Agency MoGo Freight Service Downtown Detroit Partnership Business Service Center MeridianRx Factory

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Hair Salon Restaurant Nail Salon Daycare Center Building Supply Gym & Fitness Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.046458
    Latitude
    42.3330335

    Nearby Similar for Lease

    • $2,500 /Mo
      6,581 SF

      Detroit Retail/Restaurant Opportunity

      2700 SF building suitable for pharmacy or restaurant use.
      20500 Greenfield Rd, Detroit, MI 48235
      View Details
    • $2,500 /Mo
      3,924 SF

      Detroit Auto Shop For Rent

      Four-bay auto facility with parking and recent updates.
      13040 Harper Ave, Detroit, MI 48213
      View Details
    • $800 /Mo
      165,712 SF

      Detroit Industrial Creative Hub Space

      Flexible spaces for creative studios, light industrial, and more.
      1600 Clay St, Detroit, MI 48211
      View Details
    • $119,900
      1,394 SF

      Established Retail Shop on Warren

      Turnkey cell phone retail and repair shop in Detroit.
      16541 W Warren Ave, Detroit, MI 48228
      View Details
    • $27 SF/Yr
      13,068 SF

      Retail Space on Woodward Avenue

      Retail space for lease in Detroit's North End neighborhood.
      8500 Woodward Ave, Detroit, MI 48202
      View Details
    • $6,000 /Mo
      3,919 SF

      Former Bank Building on Five Mile

      Prime commercial space in Redford, suitable for various businesses.
      26095 5 Mile Rd, Redford, MI 48239
      View Details
    • $5,900 /Mo
      13,735 SF

      Detroit Industrial/Commercial Opportunity For Rent

      Industrial/commercial space with flexible uses on a 0.7-acre fenced lot.
      9900 Northlawn St, Detroit, MI 48204
      View Details
    • $700 /Mo
      5,000 SF

      Detroit Office Suites For Rent

      Furnished office suites with shared common areas available for rent.
      17320 Livernois St, Detroit, MI 48221
      View Details
    • $2,300 /Mo
      52,386 SF

      Downtown Detroit Commercial Space Available

      Three adjacent units in downtown Detroit, flexible lease terms.
      2627 John R St, Detroit, MI 48201
      View Details
    • $2,650 /Mo
      2,910 SF

      Renovated Corner Building in Detroit

      Renovated corner building in Detroit's Warrendale area, approximately 3000 sqft.
      18900 W Warren Ave, Detroit, MI 48228
      View Details
    • $2,200 /Mo
      5,220 SF

      Detroit Retail Strip Center

      Five retail units available in Southwest Detroit.
      7440 W Vernor Hwy W, Detroit, MI 48209
      View Details
    • $12 SF/Yr
      8,100 SF

      Freestanding Retail Building For Lease

      Retail building with open interior and dedicated parking available for lease.
      13110 W Mcnichols Rd, Detroit, MI 48235
      View Details

    FAQs

    What type of property is this?
    Office property - Prestigious Class A office space, flexible layouts.
    Where is this office property located?
    The property is located at 1 Campus Martius Detroit, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Sublease opportunity in iconic Downtown Detroit high-rise.; 10th-floor space available: 57,946 SF total, or divisible into 27,650 SF and 30,296 SF wings; stunning city views.; Layout features private offices, open workspace, and collaborative areas.
    (248) 226-1887 Call to check price and availability
    Request Owner's contact information
    1 Campus Martius Detroit, MI 48226
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Campus Martius
    Detroit, MI 48226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Campus Martius Detroit, MI 48226
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Fricke
    John Fricke
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!