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20101 Hoover Street

Off-Market

20101 Hoover Street, Detroit, MI 48205

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  • Property Type Industrial - Manufacturing
  • Property Size 300,000 SF
  • Lot Size 12 Acre
  • Parking Spaces Avail. 75
  • Parking Ratio 0.25 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1950

Location

  • Walk Score ® Car-Dependent (42)
  • Transit Score ® Some Transit (49)
  • Bike Score ® Somewhat Bikeable (45)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Mt. Olivet
  • Zip Code 48205
  • Market Detroit

Points of Interest

Baltimore Street

6.22 miles

Amsterdam Street

6.33 miles

Warren Avenue

6.69 miles

Canfield Street

6.94 miles

Mack Avenue

7.21 miles

Martin Luther King Junior Boulevard

7.23 miles

Sproat Street

7.50 miles

Checker Cab #977

7.57 miles

Montcalm Street

7.64 miles

Grand Circus Park

7.81 miles

Citgo

2.97 miles

Marathon

3.11 miles

Exxon

3.74 miles

Blink

4.51 miles

7-Eleven

4.76 miles

BP

5.79 miles

BP

6.37 miles

Detroit Pistons Performance Center

6.68 miles

Wayne State University - Parking Structure #5

6.91 miles

Wayne State University - Parking Structure #8

6.93 miles

Parking Garage

5.08 miles

Student / Vistor Parking Lot F

6.96 miles

WSU Parking Structure 7

7.11 miles

Lot 40

7.15 miles

Rainer Court Lot

7.39 miles

1500 Beaubien Lot

7.64 miles

ODM Lot L

7.85 miles

145 W Elizabeth Lot

7.86 miles

Port Atwater Garage

8.10 miles

Millenium Garage

8.36 miles

Martin's Ham & Cornbeef

2.31 miles

Long John Silver's

2.50 miles

Hardee's

5.13 miles

Red Hots Coney Island

5.26 miles

Papa John's

5.69 miles

Kuzzo's Chicken & Waffles Southern Cafe

6.95 miles

The Whitney

6.95 miles

Peking Express

7.07 miles

Papa's Soul Food and Grill

7.11 miles

McDonald's

7.42 miles

Eastland Center

3.65 miles

Shoppers World

3.66 miles

Forman Mills

4.17 miles

Kmart

4.37 miles

Kroger

5.09 miles

The Shops at Woodward Place

5.41 miles

Target

5.66 miles

Marshalls

5.85 miles

Gordon Food Service

6.16 miles

The Rust Belt Market

6.68 miles

St. John Providence Hospital

0.69 miles

StoneCrest Center

1.83 miles

Precinct 9 Police Station

2.49 miles

Detroit Police Department Eleventh Precinct

2.64 miles

CVS Pharmacy

3.36 miles

Michigan Surgical Hospital

3.90 miles

Saint John Macomb-Oakland Hospital, Warren

4.19 miles

Warren Police Department

4.84 miles

Bi-County Urgent Care

5.01 miles

Northeast Integrated Health

5.04 miles

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 Date 20 Dec, 2013
  • 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.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $211,522
  • Current Tax $101,689
  • Market Value* $4,894,000
  • Assessed Value $4,894,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 20101 Hoover Street?

20101 Hoover Street totals 300,000 square feet.

When was this property built?

20101 Hoover Street was built in 1950.

When was 20101 Hoover Street last sold?

20101 Hoover Street was last sold on 20 Dec, 2013.

What is the market value for 20101 Hoover Street?

The market value* for 20101 Hoover Street in 2021 was $4,894,000.
*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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