20101 Hoover Street

Off-Market

20101 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 - 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

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.

  • 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 ®

    42/100 Car-Dependent
  • Transit Score ®

    49/100 Some Transit
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Mt. Olivet
  • Zip Code 48205
  • Market Detroit

Points of Interest

  • Grand Boulevard

    6.15 miles

  • Baltimore Street

    6.22 miles

  • Detroit

    6.29 miles

  • Amsterdam Street

    6.33 miles

  • Ferry Street

    6.55 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

  • Sunoco

    0.42 miles

  • Sunoco

    0.69 miles

  • Clark

    0.76 miles

  • Mobil

    0.80 miles

  • Marathon

    0.82 miles

  • Valero

    0.88 miles

  • Sunoco

    0.88 miles

  • BP

    0.91 miles

  • Clark

    0.96 miles

  • Citgo

    1.05 miles

  • WCCC Eastern Campus Lot

    3.66 miles

  • Parking Garage

    4.64 miles

  • Parking Garage

    4.77 miles

  • Parking Garage

    5.08 miles

  • FCA Employee Parking

    5.25 miles

  • FCA Employee Parking

    5.49 miles

  • Parking Garage

    5.56 miles

  • Chess Row

    5.61 miles

  • Lot 12

    6.01 miles

  • John R Lot

    6.15 miles

  • Wendy's

    0.40 miles

  • Burger King

    0.53 miles

  • R & D One Stop Meals

    0.70 miles

  • Me & My Girls Soul Food

    0.70 miles

  • Robert's Coney Island

    0.89 miles

  • Detroit Grill & Deli

    0.91 miles

  • McDonald's

    0.93 miles

  • Motown Cafe & Grill

    0.96 miles

  • Burger King

    0.97 miles

  • Prince Pizza chicken & Ribs

    1.05 miles

  • Glory Supermarket

    0.37 miles

  • Save-A-Lot

    0.48 miles

  • 7 Mile Foods

    1.04 miles

  • Saveway

    1.08 miles

  • New Pick And Save Market

    1.34 miles

  • Royal Supermarket

    1.44 miles

  • Mike's Fresh Market

    1.52 miles

  • Shoppers Market

    1.56 miles

  • Grocery Outlet

    1.71 miles

  • ALDI

    1.87 miles

  • Engine Number 60 Fire Station

    0.30 miles

  • St. John Providence Hospital

    0.69 miles

  • CVS Pharmacy

    0.91 miles

  • DMG Medical Center

    1.48 miles

  • Walgreens

    1.59 miles

  • CVS Pharmacy

    1.70 miles

  • StoneCrest Center

    1.83 miles

  • Park Medical Center

    1.88 miles

  • CVS Pharmacy

    1.94 miles

  • Engine Number 50 Fire Station

    1.95 miles

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 2022 was $5,002,200.
*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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