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965 E Jefferson Ave
Detroit, MI 48207
Auction:5/15 - 5/17: 965 E Jefferson Avenue · Office Property For Sale

Property Facts

Property Type
Office
Building Size
16,567 SF
Building Class
B
Year Built
1958
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,522 SF
Slab To Slab
11’
Building FAR
1.23
Lot Size
0.31 AC
Zoning
B4 - General Business District
Parking
20 Spaces (1.21 Spaces per 1,000 SF Leased)

Amenities

  • Security System

About 965 E JEFFERSON AVE , DETROIT, MI 48207

Property tours are available by appointment ONLY. Please contact Barry Swatsenbarg to schedule at barry.swatsenbarg@colliers.com or 248-540-1000x1660. Colliers International has been retained as the exclusive advisor for the disposition of 965 East Jefferson Avenue, Detroit, Michigan (the “Property”). Built in 1958, the Property is a three story, 16,567 square foot office building located at the corner of Chrysler Drive and East Jefferson Avenue, in downtown Detroit. Current ownership is flexible in regards to the disposition structure of the asset. Vacating the Property in its entirety, allowing a user to occupy 100% of the premise will be considered. Additionally, ownership will consider a partial lease back transaction, whereby current ownership will occupy one floor of the building. Formerly the Crain Communications headquarters, the Property has been owned and occupied by Data Consulting Group (DCG) since 2002. Founded in 1990, DCG has been Detroit-based for 27 years and offers its clients a full range of management consulting, staff augmentation, and outsourcing services. The firm works within the Healthcare, Financial Services, Manufacturing, and Utilities industries, while also providing its core services to the public sector. 965 East Jefferson is located on the eastern boarder of Detroit’s Central Business District (CBD). Detroit is experiencing an unprecedented revitalization through substantial public-private investment that has resulted in a wave of mixed-use developments projects. The city’s urban core has reinvented itself into the regions premiere live, work, and play environment, subsequently attracting both new businesses and residents alike. The Property sits along East Jefferson Avenue, a main thoroughfare that feeds into the city’s Downtown core. Half of the professionals working in the city pass by the Property to access the surrounding freeways each day. The location is just east of General Motors’ Renaissance Center, home to over 2.3 million square feet of office space and some of the city’s most prominent tenants. This makes the Property an ideal target for companies looking to situate themselves close to the multitude of businesses within the complex. Furthermore, 965 East Jefferson is less than a mile away from Campus Martius Park, the CBD’s cultural epicenter. This makes the wide array of new restaurants, entertainment options, and businesses that have located downtown easily accessible by foot. 965 East Jefferson also offers rooftop accessibility, providing an excellent location for corporate events and unique views of both the Detroit skyline and Detroit River.

Property Taxes

Property Taxes

Parcel Number
05-00006-774
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,063,800
  • Listing ID: 9860108

  • Date on Market: 11/3/2017

  • Last Updated:

  • Address: 965 E Jefferson Ave, Detroit, MI 48207

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