• 28800 West Park Drive
  • 28800 West Park Drive
  • +2 images 28800 West Park Drive

28800 West Park Drive

Off-Market

28800 West Park Drive, Novi, MI 48377

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 75,000 SF
  • Lot Size 5 Acre
  • Parking Spaces Avail. 210
  • Parking Ratio 2.80 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2007

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 21 Feb, 2007
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Novi

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 Novi Office Market

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

  • 2021 Avg. Asking Rent $22.78
  • 2021 Office Vacancy Rate 14.93%
  • 2021 Office Completions (SF)
View more Novi market trends

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48377
  • Market Detroit

Points of Interest

  • Shell

    0.60 miles

  • Kroger

    0.77 miles

  • BP

    1.44 miles

  • Mobil

    1.54 miles

  • Sam's Club

    1.57 miles

  • Shell

    1.62 miles

  • Exxon

    1.62 miles

  • Valero

    1.63 miles

  • Sunoco

    1.74 miles

  • Marathon

    1.76 miles

  • MDOT Public Carpool Parking

    0.46 miles

  • Lakeshore Park Skills Area Parking Lot

    1.22 miles

  • MTB Tralhead Parking

    1.40 miles

  • North Parking Lot

    2.44 miles

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

    2.62 miles

  • Michigan Air Line Trailhead Parking Lot

    3.25 miles

  • Wixom Habitat Parking

    3.36 miles

  • Trailhead Parking for WBT & MALT Trails

    5.19 miles

  • MDOT Carpool Lot

    5.31 miles

  • Trailhead

    5.75 miles

  • Hyatt Place Detroit/Novi

    0.52 miles

  • Staybridge Suites Detroit - Novi

    1.09 miles

  • Four Points by Sheraton Detroit Novi

    1.40 miles

  • Holiday Inn Express

    1.48 miles

  • The Baronette Renaissance

    1.53 miles

  • SpringHill Suites

    1.58 miles

  • Comfort Suites Wixom

    1.71 miles

  • DoubleTree

    2.03 miles

  • Sonesta Select Detroit Novi

    2.13 miles

  • TownePlace Suites Detroit Novi

    2.17 miles

  • Buddy's Pizza

    1.01 miles

  • Beerhead Bar & Eatery

    1.08 miles

  • Chuck E. Cheese's

    1.08 miles

  • Bar Louie

    1.09 miles

  • Buffalo Wild Wings

    1.09 miles

  • Taipae 101

    1.11 miles

  • Noodle Topia

    1.11 miles

  • Black Rock

    1.12 miles

  • Cherry Blossom

    1.22 miles

  • The Grand Diner

    1.33 miles

  • Parkview Elementary School

    1.23 miles

  • Early Childhood Education Center

    1.26 miles

  • Novi Meadows School

    1.42 miles

  • Novi Adult Education

    1.43 miles

  • Novi Career Preparation High School

    1.43 miles

  • Novi Woods Elementary School

    1.57 miles

  • Novi Middle School

    1.66 miles

  • Deerfield Elementary School

    1.67 miles

  • Detroit Catholic Central High School

    1.81 miles

  • James R. Geisler Middle School

    2.33 miles

  • KinderCare Learning Center

    4.53 miles

  • Childtime Learning

    4.80 miles

  • Little Hearts Learning Home - Child Care and Pre-School

    5.20 miles

  • Lakes Area Montesorri

    6.25 miles

  • Minto's Casa

    6.50 miles

  • KinderCare

    7.07 miles

  • Childtime

    7.13 miles

  • Friends Preschool

    7.57 miles

  • Country Hills Montessori

    7.73 miles

  • Tutor Time

    7.73 miles

Frequently Asked Questions

What is the total square footage of 28800 West Park Drive?

28800 West Park Drive totals 75,000 square feet.

When was this property built?

28800 West Park Drive was built in 2007.

When was 28800 West Park Drive last sold?

28800 West Park Drive was last sold on 21 Feb, 2007.

What is the market value for 28800 West Park Drive?

The market value* for 28800 West Park Drive in 2022 was $6,751,620.
*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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