Contacts

Simon Jonna

Colliers

Property Details

Property Type Retail
Property Size 29,908 SF
Units 9
Lot Size 6.42 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1994
Date Updated Dec 9, 2024

Located in the city of Novi, MI, the area surrounding the property offers a blend of commercial and leisure amenities. Just minutes away, you'll find the renowned Twelve Oaks Mall, home to a plethora of retail and dining options. For networking and business gatherings, The Baronette Renaissance Detroit-Novi Hotel and Suburban Collection Showplace are nearby. Nature enthusiasts will appreciate the tranquility of Lakeshore Park and Maybury State Park, both within easy reach. With its dynamic mix of commerce and recreation, Novi presents an attractive opportunity for investors seeking a prime location for an office or office building.Introducing a prime investment opportunity in the heart of Novi, MI! This impressive 29,908 SF building, constructed in 1994, currently boasts an exceptional 98.7% occupancy rate across its 9 units. Zoned B-1, the property offers a versatile and attractive space for retail and neighborhood center businesses. With a strong track record of occupancy, this property presents a compelling option for investors seeking a stable and lucrative addition to their portfolio. Positioned in the thriving Novi area, this property is primed to capitalize on the area's dynamic economic growth. Don't miss out on the chance to acquire this flourishing commercial asset.

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Highlights

- 29,908 SF building with 9 units
- Constructed in 1994
- Zoned B-1 for versatile commercial use
- Prime location in Novi area
- Outstanding 98.7% occupancy rate
- Attractive opportunity for retail and neighborhood center investors

Getting around

10/100
Walk Score ®
63/100
Bike Score ®

Powered by Walk Score ®

City Novi, MI
Zip Code 48374
Market Detroit

Points of Interest

Enel X

1.10 miles
Kroger

1.70 miles
Shell

1.72 miles
Marathon

1.91 miles
Speedway

1.96 miles
Sunoco

2.04 miles
Sam's Club

2.08 miles
Mobil

2.10 miles
Valero

2.27 miles
Tesla Supercharger

4.32 miles

ITC Corridor Trail Parking Lot

1.34 miles
MDOT Public Carpool Parking

1.94 miles
Lakeshore Park Skills Area Parking Lot

2.93 miles
MTB Trailhead Parking

3.35 miles
North Parking Lot

3.63 miles
MDOT Carpool Lot

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

4.64 miles
Wixom Habitat Parking

5.12 miles
Seven Mile Parking Lot

5.12 miles

Szechuan Fan

1.47 miles
Applebee's

1.77 miles
La Herradura Mexican Restaurant

1.81 miles
Olga's

1.83 miles
China King

1.84 miles
Subway

1.85 miles
Leo's Coney Island

1.87 miles
Turmerican Vegetarian Cuisine

1.87 miles
China Cafe

1.90 miles
Benito's Pizza

1.95 miles

Kroger

1.78 miles
Target

1.83 miles
Twelve Mile Crossing at Fountain Walk

2.21 miles
Sears Outlet

2.24 miles
West Oaks I

2.33 miles
Better Health Market

2.37 miles
Walmart Supercenter

2.39 miles
TJ Maxx

2.43 miles
One World Market

2.45 miles
Mirai

2.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.