Woodbury Commerce Park - Building A

Off-Market

39750 Grand River Avenue, Novi, MI 48375

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 30,271 SF
  • Lot Size 2.75 Acre
  • Parking Spaces Avail. 153
  • Parking Ratio 5.08 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1986

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

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
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 04 Dec, 2014
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Novi Office Market

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

  • 2022 Avg. Asking Rent $29.74
  • 2022 Office Vacancy Rate 16.74%
  • 2022 Office Completions (SF)
View more Novi market trends

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest

  • Mobil

    0.24 miles

  • Shell

    0.26 miles

  • Exxon

    0.86 miles

  • Sunoco

    0.89 miles

  • BP

    1.21 miles

  • Shell

    1.27 miles

  • BP

    1.59 miles

  • Speedway

    1.86 miles

  • Marathon

    1.91 miles

  • Mobil

    1.94 miles

  • North Parking Lot

    2.03 miles

  • MDOT Carpool Lot

    2.52 miles

  • Parking Lot A

    2.75 miles

  • Parking Lot B

    2.79 miles

  • Special Events Parking

    2.82 miles

  • Lakeshore Park Skills Area Parking Lot

    3.02 miles

  • Public Parking

    3.21 miles

  • Seven Mile Parking Lot

    3.47 miles

  • Lot 8

    3.48 miles

  • Lot 7

    3.51 miles

  • Motel 6

    0.77 miles

  • Motel 6

    0.78 miles

  • Red Roof Inn

    1.01 miles

  • Holiday Inn Hotel & Suites

    1.16 miles

  • Knights Inn Farmington Hill

    1.21 miles

  • TownePlace Suites Detroit Novi

    1.54 miles

  • Holiday Inn Express & Suites

    1.56 miles

  • Sonesta Select Detroit Novi

    1.58 miles

  • Hawthorn Suites

    1.68 miles

  • DoubleTree

    1.68 miles

  • Phở Lucky

    0.17 miles

  • Burger King

    0.19 miles

  • Arby's

    0.24 miles

  • Big Tommy’s Parthenon

    0.31 miles

  • Recipes

    0.32 miles

  • Alfoccino

    0.32 miles

  • El Patio

    0.34 miles

  • Dunkin' Donuts

    0.45 miles

  • McDonald's

    0.74 miles

  • Breakfast Club

    0.77 miles

  • Professional Bartenders School

    0.33 miles

  • Village Oaks Elementary School

    0.91 miles

  • Koby International Academy

    1.02 miles

  • Orchard Hills Elementary School

    1.31 miles

  • Hillside Elementary School

    1.56 miles

  • South University

    1.79 miles

  • CoinCoach

    2.34 miles

  • Great Beginnings Daycare

    2.51 miles

  • Meadowbrook Elementary School

    2.52 miles

  • Longacre Elementary School

    2.53 miles

  • Childtime Learning

    2.24 miles

  • KinderCare Learning Center

    2.76 miles

  • Minto's Casa

    3.71 miles

  • Tutor Time

    4.20 miles

  • Country Hills Montessori

    4.21 miles

  • The Learning Experience

    4.27 miles

  • KinderCare

    4.34 miles

  • The Learning Tree Child Care Center - North

    4.87 miles

  • KinderCare

    5.10 miles

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

    5.21 miles

Frequently Asked Questions

What is the total square footage of Woodbury Commerce Park - Building A?

Woodbury Commerce Park - Building A totals 30,271 square feet.

When was Woodbury Commerce Park - Building A last sold?

Woodbury Commerce Park - Building A was last sold on 04 Dec, 2014.

What is the market value for Woodbury Commerce Park - Building A?

The market value* for Woodbury Commerce Park - Building A in 2023 was $2,551,420.
*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.

Looking for more in-depth information on this property?

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