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Laurel Office Park I

Off-Market

17177 North Laurel Park Drive, Livonia, MI 48152

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 124,323 SF
  • Lot Size 6.4 Acre
  • Parking Spaces Avail. 583
  • Parking Ratio 4.69 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

  • Walk Score ® Somewhat Walkable (50)
  • Bike Score ® Bikeable (65)
Powered by Walk Score ®
  • City Livonia, MI
  • Neighborhood Livonia Hill - Caliburn
  • Zip Code 48152
  • Market Detroit

Points of Interest

2 stations

0.17 miles

Sunoco

3.03 miles

Marathon

3.21 miles

Sunoco

3.24 miles

eVgo

3.73 miles

Speedway

4.82 miles

Livonia, MI Supercharger

5.23 miles

Charging Station at Westland City Hall

5.28 miles

Shell

6.49 miles

Meijer

8.31 miles

Center Parking Lot

0.69 miles

Seven Mile Parking Lot

0.87 miles

Special Events Parking

1.58 miles

MDOT Carpool Lot

1.87 miles

Parking Lot - Central Convent

1.92 miles

Lot 6

5.96 miles

Lot 1A

6.21 miles

ShearWater Trailhead Parking Lot for M.A.L.T.

9.50 miles

bus parking

9.56 miles

Parking Lot D

9.82 miles

Fairfield Inn

0.33 miles

Embassy Suites by Hilton Detroit Livonia Novi

1.22 miles

Holiday Inn Express & Suites

2.09 miles

Knights Inn Farmington Hill

3.64 miles

Motel 6

3.92 miles

Park Motel of Farmington

4.55 miles

Comfort Inn

4.99 miles

Sonesta Select Detroit Novi

5.31 miles

Courtyard by Marriott

6.22 miles

Staybridge Suites Detroit - Novi

7.40 miles

J. Alexander's

1.06 miles

BJs Restaurant & Breweries

1.16 miles

Subway

1.30 miles

Five Guys

1.86 miles

Primo's Pizza

1.92 miles

Subway

2.44 miles

Ritter's Frozen Custard

3.89 miles

Mangia Pizza

4.23 miles

Sidecar Slider Bar

4.27 miles

McDonald's

4.77 miles

Schoolcraft College

0.47 miles

Madonna University

1.65 miles

Winchester Elementary School

1.76 miles

Madonna University

2.10 miles

CoinCoach

2.98 miles

Orchard Hills Elementary School

4.14 miles

Our Lady of Sorrows School

4.61 miles

South University

5.98 miles

Oakland Community College at Orchard Ridge

6.12 miles

Thurston High School

6.51 miles

KinderCare

0.35 miles

Montessori Center of Our Lady

1.87 miles

The Learning Tree Child Care Center - North

2.10 miles

Allen Early Learning Academy

3.67 miles

St. Peter's Evangelical Lutheran School

3.93 miles

Little Hearts Learning Home - Child Care and Pre-School

4.68 miles

Country Hills Montessori

5.31 miles

KinderCare

6.13 miles

Paradigm Care & Enrichment Center

6.20 miles

Minto's Casa

6.55 miles

Contacts

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Owner

  • True 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 03 Sep, 2010
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Livonia

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 Livonia Office Market

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

  • 2021 Avg. Asking Rent $19.16
  • 2021 Office Vacancy Rate 18.78%
  • 2021 Office Completions (SF) 123,646
View more Livonia market trends

Tax

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

Frequently Asked Questions

What is the total square footage of Laurel Office Park I?

Laurel Office Park I totals 124,323 square feet.

When was this property built?

Laurel Office Park I was built in 1985.

When was Laurel Office Park I last sold?

Laurel Office Park I was last sold on 03 Sep, 2010.

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