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2211 E. JEFFERSON 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE Mixed-Use Redevelopment Opportunity Overlooking the Detroit Riverfront

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Page 1: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

2211 E. JEFFERSON

2211 E. JEFFERSON | DETROITAVA I L A B L E F O R S A L EMixed-Use Redevelopment Opportunity Overlooking the Detroit Riverfront

Page 2: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

DISCOVER2211 E. JEFFERSON

2211 E. Jefferson is a premier mixed-use re-

development opportunity in the burgeoning

East Jefferson corridor of downtown Detroit.

Serving as a gateway to Detroit’s central

business district, the property is located just

east of the Renaissance Center and west of

Belle Isle. 2211 E. Jefferson provides the

perfect blend of on-site parking and walk-

ability to the greater central business district.

2211 E. JEFFERSON

Page 3: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

OFFERING SUMMARY

Six story office/commercial building

Built in 1969

Fitness center

Parking sealed and striped 2018

290 seat auditorium

Restaurant facilities and retail

On-site security and management

Partially occupied

© 2018 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

PROPERTY HIGHLIGHTS

SALE PRICE$6.95 Million / $75.00 PSF

GROSS BUILDING AREA91,956 SF

ACREAGE1.6 acres

ON-SITE PARKING129 surface | 65 covered

2211 E. JEFFERSON

CLICK HERE TO VIEW THE

PROPERTY

Page 4: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

Main Level - 29,829 s.f.

Building Key

FLOOR TOTAL FOOTPRINT

SERVICE LEVEL 11,667 SF

1ST FLOOR 29,829 SF

2ND FLOOR 10,092 SF

3RD FLOOR 10,092 SF

4TH FLOOR 10,092 SF

5TH FLOOR 10,092 SF

6TH FLOOR 10,092 SF

BUILDING TOTAL 91,956 SF

STA

CK

ING

PL

AN

Page 5: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

CONCEPT FLOOR PLAN - MICRO LOFT

EXISTING FLOOR PLAN - OFFICE

EXISTING FLOOR PLATE 2-6 - 10,092 s.f.C

ON

CE

PT

FL

OO

R P

LA

NS

CONCEPT FLOOR PLAN - HOTEL/LODGING

Page 6: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

COMPLETED PROJECTS

GREATER DOWNTOWN INVESTMENT

Greater Downtown Detroit has seen an extraordinary level of investment in recent years with an abundance of projects in the pipelineFast Facts:

155Projects completed or announced since 2012

$9.2 billion The total value of these investments

30%

23%

47%

Completed Under Construction Planned/Proposed

Investment by project status ($) Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Little Caesars Arena ($823M)Cobo Center Renovation ($279M)

QLine ($182M)DMC Pediatric Care Tower ($155M)Aloft Hotel at the David Whitney

Building ($92M)Fast Facts:

71Projects completed

since 2012

$2.8 billion The total value of these investments

Investment by property type ($)

30%

23%19%

10%

10%8%

Retail/Entertainment ResidentialInfrastructure OfficeOther Hotel

Fast Facts:

37Projects currently

under construction

$2.1 billion The total value of these investments

UNDER CONSTRUCTION PROJECTS

The Hudson’s Site ($900M)Book Tower Renovation ($313M)

Henry Ford Cancer Pavilion ($155M)Little Caesars Headquarters ($150M)

Elton Park ($150M)

Investment by property type ($)

60%26%

10%

Residential Office Medical Other

Fast Facts:

47Projects currently planned

or proposed

$4.3 billion The total value of these investments

PLANNED AND PROPOSED PROJECTS

Monroe Block ($800M)Brewster Douglass Site ($417M)

Midtown West ($77M)West Riverfront Park ($50M)

Investment by property type ($)

68%

25%

Residential Office Hotel Medical Other

Investment by property type ($)

68%

25%

Residential Office Hotel Medical Other

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

Investment by property type ($)

52%

21%

9%7%

6%

Residential Office Retail/Entertainment

Other Infrastructure Hotel

30%

23%

47%

Completed Under Construction Planned/Proposed

Investment by project status ($)

Page 7: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

ARETHA FRANKLIN PARK

DETROIT RIVER WALK

GREEKTOWNCASINO

FORD FIELD

COMERICA PARK

LITTLE CAESARS ARENA

FOX THEATRE

DETROIT OPERA HOUSE

THE FILMORE

COBO CENTER

HART PLAZA

GM RENAISSANCE CENTER

MGM GRAND

EASTERN MARKETCRAIN’S DETROIT

BUSINESS

DETROIT AERIAL MAP

2211 E. JEFFERSON

E. JEFFERSON AVENUE

GRATIOT AVENUE

DETROIT MEDICAL CENTER

WAYNE STATE UNIVERSITY

ALLY QUICKEN LOANS

WAYNE COUNTY COMMUNITY

COLLEGE

LAFAYETTE PARK

Page 8: 2211 E. JEFFERSON | DETROIT AVAILABLE FOR SALE · Book Tower Renovation ($313M) Henry Ford Cancer Pavilion ($155M) Little Caesars Headquarters ($150M) Elton Park ($150M) Investment

AJ WEINERManaging Director

+1 248 581 [email protected]

BEN SCHRODEVice President

+1 248 581 [email protected].

2211 E. JEFFERSON