McNichols Office Center

Off-Market

11000 West McNichols Road, Detroit, MI 48221

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

  • Property Type Office - General Office
  • Property Size 54,864 SF
  • Lot Size 1.24 Acre
  • Parking Spaces Avail. 120
  • Parking Ratio 2.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1961

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 23 May, 2012
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
  • Transit Score ®

    47/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Bagley
  • Zip Code 48221
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    0.87 miles

  • Royal Oak

    5.12 miles

  • Grand Boulevard

    5.86 miles

  • Baltimore Street

    5.98 miles

  • Detroit

    6.02 miles

  • Amsterdam Street

    6.15 miles

  • Ferry Street

    6.49 miles

  • Warren Avenue

    6.74 miles

  • Canfield Street

    7.10 miles

  • Checker Cab #977

    7.41 miles

  • Mobil

    0.10 miles

  • Sunoco

    0.12 miles

  • Marathon

    0.50 miles

  • Citgo

    0.55 miles

  • Citgo

    0.72 miles

  • Sunoco

    0.75 miles

  • Marathon

    0.85 miles

  • Mobil

    0.97 miles

  • Valero

    1.00 miles

  • Citgo

    1.00 miles

  • MRC parking lot

    0.35 miles

  • Faculty / Staff Parking Lot A

    1.53 miles

  • Vistor Parking Lot B

    1.55 miles

  • Student / Vistor Parking Lot B

    1.57 miles

  • Faculty / Visitor Parking Lot C

    1.60 miles

  • Faculty / Staff Parking Lot H

    1.66 miles

  • Student / Vistor Parking Lot F

    1.67 miles

  • Student Parking Lot I

    1.68 miles

  • Student Parking Lot H

    1.70 miles

  • Student / Vistor Parking Lot D

    1.70 miles

  • Baymont by Wyndham Ferndale/Royal Oak

    2.06 miles

  • Cranbrook Inn

    2.46 miles

  • Fontaine Motel

    3.16 miles

  • Riviera Motel Detroit

    4.19 miles

  • Hilton Veterinary Clinic of Ferndale

    4.59 miles

  • Town Motel

    5.18 miles

  • Rio Grand Motel

    5.21 miles

  • The Westin Southfield Detroit

    5.60 miles

  • Park Drive Motel

    5.63 miles

  • Hamtramck Hotel & Hostel

    5.64 miles

  • Subway

    0.49 miles

  • KFC

    0.50 miles

  • Burger King

    0.55 miles

  • L Georges Coney Island

    0.57 miles

  • Sweet Soul Bistro

    0.62 miles

  • Rono's Caribbean Paradise Restaurant

    0.67 miles

  • Teresa’s Place

    0.73 miles

  • Plaza Deli

    0.77 miles

  • Little Caesars

    1.00 miles

  • White Castle

    1.04 miles

  • Lewis College of Business

    0.17 miles

  • Schulze Academy for Technology and Arts

    0.18 miles

  • Martin Luther King, Junior Education Center Academy

    0.18 miles

  • Art 'n Dot Nursery and Kindergarten Place

    0.41 miles

  • Lycee' Internationale

    0.43 miles

  • Northwest Activities Center

    0.44 miles

  • Mumford High School

    0.44 miles

  • Lincoln-King Academy

    0.45 miles

  • E T Clark Academy

    0.50 miles

  • Morris Child Development Center

    0.63 miles

  • Hampton Church Child Care Center

    1.63 miles

  • Sunnybrook Day Nursery

    1.94 miles

  • Academy of Detroit-West

    2.04 miles

  • Creative Learning Children's College

    2.27 miles

  • Nature's Playhouse

    2.81 miles

  • Allen Baptist Childcare & Development Center

    3.04 miles

  • Green Garden Child Development Center

    4.10 miles

  • Stepping Out On Faith Learning Center & Childcare

    4.56 miles

  • Old Redford Pre-Kindergarten Academy

    4.61 miles

  • Angel Land Child & Parent Center

    4.63 miles

Frequently Asked Questions

What is the total square footage of McNichols Office Center?

McNichols Office Center totals 54,864 square feet.

When was this property built?

McNichols Office Center was built in 1961.

When was McNichols Office Center last sold?

McNichols Office Center was last sold on 23 May, 2012.

What is the market value for McNichols Office Center?

The market value* for McNichols Office Center in 2021 was $1,189,000.
*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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