30020 Cabot Drive

Off-Market

30020 Cabot 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 180,000 SF
  • Lot Size 11.68 Acre
  • Parking Spaces Avail. 198
  • Parking Ratio 1.10 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2016

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 14 Apr, 2021
  • 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 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 ®

    11/100 Car-Dependent
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48377
  • Market Detroit

Points of Interest

  • Speedway

    0.82 miles

  • Shell

    0.88 miles

  • BP

    1.30 miles

  • Shell

    1.33 miles

  • Costco Gasoline

    1.38 miles

  • Kroger

    1.64 miles

  • Shell

    1.67 miles

  • Speedway

    1.72 miles

  • Marathon

    1.77 miles

  • Mobil

    1.96 miles

  • North Parking Lot

    1.36 miles

  • Lakeshore Park Skills Area Parking Lot

    2.29 miles

  • MTB Tralhead Parking

    2.31 miles

  • Michigan Air Line Trailhead Parking Lot

    2.58 miles

  • Trailhead Parking for WBT & MALT Trails

    2.65 miles

  • Lot 8

    3.70 miles

  • Lot 9

    3.73 miles

  • Lot 7

    3.73 miles

  • Lot 6

    3.78 miles

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

    3.78 miles

  • Hampton Inn Detroit-Novi

    0.96 miles

  • TownePlace Suites Detroit Commerce

    1.01 miles

  • Holiday Inn Express & Suites

    1.32 miles

  • Hawthorn Suites

    1.99 miles

  • The Baronette Renaissance

    2.26 miles

  • DoubleTree

    2.53 miles

  • TownePlace Suites Detroit Novi

    2.64 miles

  • Sonesta Select Detroit Novi

    2.67 miles

  • Four Points by Sheraton Detroit Novi

    2.68 miles

  • Motel 6

    3.20 miles

  • Recipes

    0.68 miles

  • Jet's Pizza

    0.70 miles

  • Jimmy John's

    0.90 miles

  • Marconi's Pizza

    0.90 miles

  • Spicy Bangkock

    0.90 miles

  • Leo's Coney Island

    0.90 miles

  • Wendy's

    0.90 miles

  • Ayla Mediterranean Restaurant

    0.94 miles

  • Cottage Inn Gourmet Pizza

    0.94 miles

  • Subway

    0.94 miles

  • Novi Christian Academy

    0.44 miles

  • Meadowbrook Elementary School

    0.84 miles

  • Hickory Woods Elementary School

    1.50 miles

  • South University

    1.58 miles

  • Great Beginnings Daycare

    2.26 miles

  • Saint William Catholic School

    2.59 miles

  • Forest Elementary School

    2.60 miles

  • Mary Helen Guest Elementary School

    2.73 miles

  • Hillside Elementary School

    2.73 miles

  • Walnut Creek Middle School

    2.74 miles

  • KinderCare Learning Center

    1.20 miles

  • Childtime Learning

    1.93 miles

  • Minto's Casa

    3.35 miles

  • Everbrook Academy of West Bloomfield

    4.25 miles

  • Lakes Area Montesorri

    4.32 miles

  • Country Hills Montessori

    5.18 miles

  • Tutor Time

    5.20 miles

  • West Bloomfield KinderCare

    5.48 miles

  • The Learning Experience

    5.58 miles

  • KinderCare

    5.79 miles

Frequently Asked Questions

What is the total square footage of 30020 Cabot Drive?

30020 Cabot Drive totals 180,000 square feet.

When was this property built?

30020 Cabot Drive was built in 2016.

When was 30020 Cabot Drive last sold?

30020 Cabot Drive was last sold on 14 Apr, 2021.

What is the market value for 30020 Cabot Drive?

The market value* for 30020 Cabot Drive in 2022 was $2,518,460.
*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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