Property Detail

7430 Second Ave • Albert Kahn Bldg
Detroit, MI 48202
Submarket:  Detroit-New Center  County:  Wayne
For more information, contact:
Jeanne Gross (313) 972-4000
P r o p e r t y  D e s c r i p t i o n
Property Type: Office Total Space Available: 142,826 SF
Secondary Type: - Max Contig Space: 138,172 SF
Class: A Annual Rent: $17.00/SF
Building Size: 290,144 SF % Leased: 50.8%
Year Built: 1931 Typical Floor Size: 26,376 SF
Stories: 11 Elevators: 7 with 1ft
Parking: Surface Spaces @ $90.00/mo; Covered Spaces @ $105.00/mo; Reserved Spaces @ $130.00/mo; Ratio of 2.00/1,000 SF
Parcel No: 02-001104-14, 02-001124-32, 02-001135, 02-001136, 02-001137, 02-001138, 04-001521-9, 04-001530-41, 04-001585, 04-001586, 04-001587
Amenities: 24/7 Building Access, Banking, Conferencing Facility, Convenience Store, Courtyard, Day Care, Dry Cleaner, Fitness Center, Food Court, Food Service, Mail Room, On Site Management, Property Manager on Site, Restaurant
P r o p e r t y   H i g h l i g h t s

July 2001: NAI Farbman Group puchased the building from TrizecHahn along with 3011 W. Grand Blvd (The Fisher Bldg) for a portfolio price of $31 million. Trammell Crow Company represented both sides in the deal. The building features Art Deco architecture, including lobby with handpainted ceiling. The exterior construction is of polished and carved granite. The building includes the latest in technological advances such as fiber optic cable. The area is accessible to the Fisher Theatre & year-round special tenant events. There is pedestrian access to entire New Center area via skywalks and tunnels. The area provides access to all major expressways. 24-hour security is provided. The new center area is centrally located within in the heart of Detroit and offers easy access to four major expressways and New Center Place (retail with over 50 eateries, shops, restaurants, galleries). The area benefits greatly from an organization called the New Center Area Council. NCAC is a nonprofit business whose goal is to promote the New Center Area as a vibrant, diverse, and economically healthy district, and as the northern anchor of Detroit's Greater Downtown.

A v a i l a b l e  S p a c e
FloorSpace AvailableOccupancyLease LengthUseAnnual Rent
Floor 2 29,039 SFVacantNegotiable ReletOffice$17.00/SF/Modified Gross
Floor 3 35,543 SFVacantNegotiable ReletOffice$17.00/SF/Modified Gross
Floor 4 25,346 SFVacantNegotiable ReletOffice$17.00/SF/Modified Gross
Floor 5 24,122 SFVacant3-10 yrs ReletOffice$17.00/SF/Modified Gross
Floor 6 24,122 SFVacantNegotiable ReletOffice$17.00/SF/Modified Gross
Floor 8 4,654 SFVacant3-10 yrs ReletOffice$17.00/SF/Modified Gross
M a j o r  T e n a n t s
TenantFloor(s)IndustryOccupancy
Kahn Detroit1,2,7Engineers/Architects19%
UAW Legal Services Plans10Law Firms14%
Wayne CenterBSMTMedical5%
F o r   M o r e   I n f o r m a t i o n   C o n t a c t     
Jeanne Gross
NAI Farbman Group
3031 W Grand Blvd, Suite 400
Detroit, MI 48202
(313) 972-4000 (phone)
(313) 972-4001 (fax)

Powered by CoStar Group, Inc.
Copyright© 1997-2014 CoStar Realty Information, Inc. All rights reserved. By using this site, you agree to our Terms of Use