Retail Space for
For Lease
$22 SF/Yr
42100-42270 Grand River Avenue, Novi, MI 48375
Retail space available for lease along Grand River Avenue in Novi, MI.
Space Size1,320 SF
Property Size30,917 SF
Days on Market109
Property Features for 42100-42270 Grand River Avenue
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Retail
Building Details
Building Size
30,917 SF
Year Built
1987
Spaces For Lease
at 42100-42270 Grand River Avenue Contact us- Size
- 1,320 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
42140 Grand River Avenue $22/SF/Yr
Listing Agency:
Gerdom Realty & Investment
(248) 242-6766
Listed By:
Michael Murphy · License #6501389134
Source:
Commercialcafe
Added: May 14
Changed: Aug 24
Last Checked: Aug 29 at 6:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gerdom Realty & Investment
Investment Insights
Based on property information with market context.
Retail space is available for lease at 42100–42270 Grand River Avenue in Novi, Michigan. The property is positioned as a commercial retail location within a multi-address range along the avenue, offering prospective tenants the opportunity to secure a space in an active corridor.
The listing does not provide additional details on suite configuration, size, or specific building amenities. Interested parties should request further information regarding unit availability and lease terms directly from the listing broker.
The listing does not provide additional details on suite configuration, size, or specific building amenities. Interested parties should request further information regarding unit availability and lease terms directly from the listing broker.
Key Highlights
- Retail space available for lease along Grand River Avenue in Novi, MI
- Building was constructed in 1987
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
Explore this area
Business Placement
Demographics for 48375, MI
23,237
Population
10,223
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$112,978
Median Household Income
$70,326
Median Earnings
$1,880
Median Rent
$348,900
Median Home Value
Market
Lease Benchmarks for Novi, MI
$21.75 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
24,349 SF
Avg Space Size
This space is priced 1% above the average of $21.75 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for lease along Grand River Avenue in Novi, MI.
Where is this retail space located?
The property is located at 42100-42270 Grand River Avenue Novi, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Retail space available for lease along Grand River Avenue in Novi, MI; Building was constructed in 1987
