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1200 Oakman Blvd

Off-Market

1200 Oakman Blvd, Detroit, MI 48238

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 241,430 Sqft
  • Lot Size 10.41 Acre
  • Parking Spaces Avail. 156
  • Parking Ratio 0.65/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1935

Location

  • City Detroit, MI
  • Neighborhood McNichols
  • Zip Code 48238
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 24 Aug, 1981
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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 (Sqft) 63,500
View more Detroit market trends

Tax

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Frequently Asked Questions

What is the total square footage of 1200 Oakman Blvd?

1200 Oakman Blvd totals 241,430 square feet.

When was this property built?

1200 Oakman Blvd was built in 1935.

When was 1200 Oakman Blvd last sold?

1200 Oakman Blvd was last sold on 24 Aug, 1981.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.