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2501 Russell St 2,000 - 6,200 SF of Space Available in Detroit, MI 48207
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Lower Level, Ste B | 2,000 SF | - | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $33,502 CAD/YR $2,792 CAD/MO | Triple Net (NNN) | |
| 2nd Floor, Ste 200 | 2,100 SF | 9’ - 10’ | Negotiable | $26.52 CAD/SF/YR $2.21 CAD/SF/MO $55,697 CAD/YR $4,641 CAD/MO | Modified Gross | |
| 4th Floor | 2,100 SF | 9’ - 11’ | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $58,629 CAD/YR $4,886 CAD/MO | Modified Gross |
Lower Level, Ste B
Space has direct access to Russell Street. Former Detroit v Everybody space.
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste 200
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Central Air Conditioning
- Exposed Ceiling
- Finished Ceilings: 9’ - 10’
4th Floor
The Space is turnkey and ready for your business. Amazing views of Ford Field, Eastern Market and Downtown. Eastern Market features numerous places to eat and shop in walking distance.
- Listed rate may not include certain utilities, building services and property expenses
- Finished Ceilings: 9’ - 11’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 2501 RUSSELL ST, DETROIT, MI 48207
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Beyond Juicery + Eatery
- Restaurant
- 23
- National
- Detroit Dance Loft
- Arts, Entertainment, and Recreation
- 1
- -
- Jabs Gym
- Fitness
- 1
- Local
- Luxe Events
- -
- 1
- -
- The Loft - j'adore Detroit
- -
- 1
- -
- Versus Everybody
- Other Retail
- 2
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Beyond Juicery + Eatery | Restaurant | 23 | National |
| Detroit Dance Loft | Arts, Entertainment, and Recreation | 1 | - |
| Jabs Gym | Fitness | 1 | Local |
| Luxe Events | - | 1 | - |
| The Loft - j'adore Detroit | - | 1 | - |
| Versus Everybody | Other Retail | 2 | Local |
PROPERTY FACTS
| Total Space Available | 6,200 SF | Gross Leasable Area | 10,979 SF |
| Property Type | Retail | Year Built | 1908 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,979 SF |
| Year Built | 1908 |
FEATURES AND AMENITIES
- Bus Line
- Corner Lot
NEARBY MAJOR RETAILERS
Presented by
MFGdet
2501 Russell St
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