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    Carvana Investment Property in Novi
    Updated: Apr 21, 2025
    Carvana Investment Property in Novi

    26890 Adell Center Dr, Novi, MI

    Contact for pricing
    5,706 sqft 1.30 AC lot
    Absolute NNN lease offers a management‑free investment
    Approximately 17 years remaining on the lease term, indicating long‑term stability
    Carvana, LLC is the tenant, a nationally recognized company
    Located in Novi, Michigan, within the Detroit MSA
    Lease includes rent increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Drive-Through Car Wash
    Drive-Through Car Wash

    2448 E 14 Mile Road, Warren, MI 48092

    $2,900,000
    2,092 sqft 0.89 AC lot

    Includes a detailing center and leased tire and mechanic shop operations within the same commercial property.

    View details
    Drive-Through Car Wash
    Drive-Through Car Wash

    2448 E 14 Mile Rd, Warren, MI 48092

    $2,900,000
    2,092 sqft

    Established facility includes a detailing center plus separately rented tire and mechanic shop spaces.

    View details
    Car Wash with New Roof
    Car Wash with New Roof

    22234 Fenkell St, Detroit, MI 48223

    $89,000
    1,220 sqft

    Commercially zoned property with a recently replaced roof and prior hand car wash use.

    View details
    Detroit Car Wash Opportunity
    Detroit Car Wash Opportunity

    11019 W Grand River Ave, Detroit, MI 48204

    $100,000

    High-volume hand car wash in the heart of Detroit.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Land
    Corner Commercial Land

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    Commercially zoned corner parcel with separate access points from Lilley Road and Warren Road.

    View details
    Commercial Corner Land
    Commercial Corner Land

    Highland Rd, White Lake, MI 48383

    $210,000
    1.16 AC lot

    Commercial,Office-zoned parcel with corner positioning and access from two roads.

    View details
    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    Highland Road, White Lake, MI 48383

    $210,000
    1.16 AC lot

    Corner-positioned land with road frontage along Highland Road and Ormond Road.

    View details

    Novi, MI Car Washes Market Trends and Statistics

    Explore 1 car washes for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 5,706 square feet of properties for sale.

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    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    Taxes & Financing

    Tax Rate (average for all types) 4.06%
    Property Tax per SF $88.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

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