仅可通过预约看房。请通过Richard.Deptula@freg.com或248-848-4938联系Rich Deptula在进行安排。
投资概况:
弗里德曼经纪公司和Ten-X.com公司出售电影交换大楼,其中包括三(3)个土地,总计±0.443英亩,以及一栋七(7)层加上地下室楼层的±83,593平方英尺的建筑。该物业位于新建立的“底特律区”中心的卡斯大道和I-75,这是一个50栋大楼的总体规划,旨在提供餐饮、娱乐和零售业一条龙服务,由耗资8.5亿美元新建的小恺萨斯阿雷纳、科马里公园和福特菲尔德锚定。
被称为电影交换大楼(F.E.B.)的建筑物曾经被电影公司租用,参展商和剧场业主在这里退回旧电影并交换新版本。底特律F.E.B.曾经一度租赁给米高梅、华纳兄弟以及环球等租户。底特律市以其充满活力的文化多元化和进步型城市而闻名,拥有超过100家电影院,底特律从20世纪20年代至20世纪50年代拥有非常丰富的电影剧场,其中包括一些底特律可以与纽约和芝加哥的竞争相媲美的最豪华的大厅。
这个出售代表了一个多家庭和零售重建机会,位于前所未有的增长和发展领域。B-5分区允许多种正当用途,包括转换为多家庭或阁楼风格的住宅用途,而不会有分歧。建筑物和相邻的地块可能符合由底特律布朗菲尔德重建局提供的奖励。
Property tours are available on Wednesday, November 1 and Tuesday, November 7 by appointment ONLY. Please contact Rich Deptula to schedule at Richard.Deptula@freg.com or 248-848-4938.
Investment Overview:
Friedman Brokerage Company and Ten-X.com present the sale of The Film Exchange Building, comprised of three (3) parcels of land totaling ±0.443 acres and an ±83,593 SF structure containing seven (7) floors plus a basement level. The property is set at Cass Avenue and I-75 in the heart of the newly created “District Detroit”, a 50-block master plan designed to house a dining, entertainment and retail development anchored by the newly constructed, $850 million Little Cesears Arena, Comerica Park and Ford Field.
Buildings referred to as a film exchange building (F.E.B.) were once leased by film companies where exhibitors and theatre owners returned old films and exchanged them for new releases. The Detroit F.E.B. was at one time leased to such tenants as MGM, Warner Brothers, and Universal. The city of Detroit was known for being a very vibrant, culturally diverse and progressive city in its heyday, With over 100 movie houses, Detroit had a very rich movie-theatre history from the 1920s-1950s, with some of the most luxurious halls in Detroit that rivaled those in New York and Chicago.
This offering represents a multi-family and retail redevelopment opportunity positioned in an area of unprecedented growth and development. The B-5 zoning allows for a multitude of “by-right” uses that includes conversion to multi-family or loft-style residential use without variance. The building and adjacent parcels may be eligible for incentives provided by the Detroit Brownfield Redevelopment Authority.
Investment Highlights:
Conversion Opportunity - Mixed-Use Multi-family & Retail
Comprised of an ± 83,593 SF building set on ± 0.443 acres of land (3 parcels)
Asset may be eligible for incentives provided by the Detroit Brownfield Redevelopment Authority
Located in the heart of the “District Detroit”, a newly created 50-block arena and entertainment master-planned development
Multi-family rental rates within Detroit are achieving rental rates above $2.50 PSF and still climbing as demand continues to outpace supply
Within walking distance to Woodward Avenue and the new Q-Line light rail system This property will be auctioned on Monday, November 13 - Wednesday, November 15 . The price displayed is the starting bid amount of $2,250,000. For information and to register to bid on this property, please visit Ten-X.com.