Briar Pointe Plaza | For Sale

For Sale

47200-47340 W 10 Mile Rd, Novi, MI 48374

This Novi property for sale is located at 47200-47340 W 10 Mile Rd. The general use of Briar Pointe Plaza | For Sale is retail and it incorporates 29,908 square feet of class B retail space. The current listed sale price for Briar Pointe Plaza | For Sale is $6,850,302. Briar Pointe Plaza | For Sale is situated on a lot that is 5.42 square feet in size.

Contacts

broker
Simon Jonna
broker
Raymond Jonna
broker
Tony Fayne

Property Details

  • Property Type Retail
  • Property Size 29,908 SF
  • Lot Size 5.42 SF
  • Building Class B
  • Year Built 1994
  • Date Updated Jan 17, 2025

Introducing BRIAR POINTE PLAZA, a prime investment opportunity located at 47200 – 47340 W 10 MILE ROAD, NOVI, MI 48374. This high-exposure plaza is anchored by CVS and strategically positioned at the bustling intersection of Ten Mile Road and Beck Road, ensuring maximum visibility and accessibility for both tenants and customers. Featuring a diverse tenant mix of retail and medical businesses including CVS, Martinizing Dry Cleaners, Briar Pointe Dentistry, and more, BRIAR POINTE PLAZA offers a robust neighborhood center with 29,908 SF of leasable space. Boasting a strong average household income of $236,812 within a 1-mile radius and close proximity to Providence Park Hospital, this property presents a lucrative investment opportunity. With an asking price of $6,850,302 and a competitive cap rate of 6.30%, this NNN leased property generates a solid NOI of $431,569. Don't miss out on this outstanding investment in the heart of Novi!

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Getting around

  • 10/100

    Walk Score ®

  • 63/100

    Bike Score ®

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Location

  • 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.

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