19951 Hoover Street

Off-Market

19951 Hoover Street, Detroit, MI 48205

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 88,748 SF
  • Lot Size 7.99 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1986

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Detroit

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Detroit Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Mt. Olivet
  • Zip Code 48205
  • Market Detroit

Points of Interest

  • Grand Boulevard

    6.04 miles

  • Baltimore Street

    6.12 miles

  • Detroit

    6.18 miles

  • Amsterdam Street

    6.22 miles

  • Ferry Street

    6.45 miles

  • Warren Avenue

    6.59 miles

  • Canfield Street

    6.84 miles

  • Mack Avenue

    7.11 miles

  • Martin Luther King Junior Boulevard

    7.13 miles

  • Sproat Street

    7.40 miles

  • Sunoco

    0.53 miles

  • Sunoco

    0.62 miles

  • Mobil

    0.69 miles

  • Marathon

    0.72 miles

  • Clark

    0.74 miles

  • Valero

    0.85 miles

  • Sunoco

    0.86 miles

  • BP

    0.86 miles

  • Clark

    0.95 miles

  • Citgo

    1.05 miles

  • WCCC Eastern Campus Lot

    3.60 miles

  • Parking Garage

    4.70 miles

  • Parking Garage

    4.82 miles

  • Parking Garage

    5.15 miles

  • FCA Employee Parking

    5.19 miles

  • FCA Employee Parking

    5.43 miles

  • Chess Row

    5.52 miles

  • Parking Garage

    5.63 miles

  • Lot 12

    5.91 miles

  • John R Lot

    6.05 miles

  • Wendy's

    0.51 miles

  • R & D One Stop Meals

    0.63 miles

  • Burger King

    0.64 miles

  • Me & My Girls Soul Food

    0.64 miles

  • McDonald's

    0.85 miles

  • Detroit Grill & Deli

    0.85 miles

  • Motown Cafe & Grill

    0.88 miles

  • Robert's Coney Island

    0.88 miles

  • Burger King

    0.89 miles

  • Prince Pizza chicken & Ribs

    1.04 miles

  • Glory Supermarket

    0.48 miles

  • Save-A-Lot

    0.58 miles

  • 7 Mile Foods

    0.94 miles

  • Saveway

    1.08 miles

  • New Pick And Save Market

    1.24 miles

  • Royal Supermarket

    1.50 miles

  • Mike's Fresh Market

    1.55 miles

  • Shoppers Market

    1.59 miles

  • Grocery Outlet

    1.63 miles

  • Mazen Foods

    1.93 miles

  • Engine Number 60 Fire Station

    0.24 miles

  • St. John Providence Hospital

    0.62 miles

  • CVS Pharmacy

    0.83 miles

  • DMG Medical Center

    1.51 miles

  • Walgreens

    1.62 miles

  • CVS Pharmacy

    1.80 miles

  • StoneCrest Center

    1.89 miles

  • Engine Number 50 Fire Station

    1.92 miles

  • Park Medical Center

    1.95 miles

  • CVS Pharmacy

    2.01 miles

Frequently Asked Questions

What is the total square footage of 19951 Hoover Street?

19951 Hoover Street totals 88,748 square feet.

When was this property built?

19951 Hoover Street was built in 1986.

What is the market value for 19951 Hoover Street?

The market value* for 19951 Hoover Street in 2022 was $1,497,000.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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