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500 East Lafayette Street Listing Details & Market Data
500 East Lafayette Street, Detroit, MI 48226
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- Property Type Office - General Office
- Property Size 160,969 SF
- Lot Size 13.85 Acre
- Parking Spaces Avail. 563
- Parking Ratio 3.50/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1996
- City Detroit, MI
- Neighborhood Downtown Detroit
- Zip Code 48226
- Market Detroit
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Detroit
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Asking Rents in Detroit Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $28.65
- 2020 Office Vacancy Rate 16.80%
- 2020 Office Completions (SF) 63,500
- Base Tax $7,577,954
- Current Tax $2,958,566
- Market Value* $175,331,200
- Assessed Value $175,331,200
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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.