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Cabot North Technology Centre

Off-Market

28970 Cabot Drive, Novi, MI 48377

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  • Property Type Office - Flex - Office
  • Property Size 37,948 Sqft
  • Lot Size 3.59 Acre
  • Parking Spaces Avail. 168
  • Parking Ratio 4.43/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2004

Location

  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48377
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • 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.

  • 2020 Avg. Asking Rent $23.25
  • 2020 Office Vacancy Rate 14.25%
  • 2020 Office Completions (Sqft) 269,869
View more Novi market trends

Tax

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Frequently Asked Questions

What is the total square footage of Cabot North Technology Centre?

Cabot North Technology Centre totals 37,948 square feet.

When was this property built?

Cabot North Technology Centre was built in 2004.

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