Flex/R&D Park
For Sale
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27175 27275 Haggerty Road, Novi, MI 48377
Two one-story buildings total about 176,160 SF within a multi-tenant flex/R&D park, currently about 92% occupied.
Property Size176,160 SF
Days on Market1080
Property Features for 27175 27275 Haggerty Road
General Information
Standard status
Active
Size
176,160 SF
Class
Class A
Property subtype
OFFICE
Occupancy
92%
Additional Details
Highway Access
Yes
Building Details
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
Friedman Integrated Real Estate - Corporate
(888) 848-1671
Listed By:
Todd Hawley · License #6501265610
(248) 324-2000
Source:
Moodyscre
Added: Oct 2, 2023
Changed: Sep 11
Last Checked: Sep 15 at 5:34AM
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 Friedman Integrated Real Estate - Corporate
Investment Insights
Based on property information with market context.
This flex/R&D park investment features two one-story, multi-tenant buildings totaling approximately 176,160 square feet. The property is stabilized with long-term triple-net leases, and current occupancy is reported at about 92%. The offering includes both buildings, identified as NRP I (+/- 88,869 SF) and NRP II (+/- 83,547 SF).
The property is located on Haggerty Road in Novi, Michigan, with convenient access to the local and regional expressway systems, including M-5, I-696, I-275, and I-96. Public remarks also note exceptional visibility, frontage, and setting, with prior occupancy at or above 90% for the previous 10 years.
Several publicly traded corporations are listed as part of the current tenancy. Public remarks state that available spaces are in move-in condition, which may provide leasing opportunities.
The property is located on Haggerty Road in Novi, Michigan, with convenient access to the local and regional expressway systems, including M-5, I-696, I-275, and I-96. Public remarks also note exceptional visibility, frontage, and setting, with prior occupancy at or above 90% for the previous 10 years.
Several publicly traded corporations are listed as part of the current tenancy. Public remarks state that available spaces are in move-in condition, which may provide leasing opportunities.
Key Highlights
- Two one‑story buildings totaling about 176,160 SF in a multi‑tenant flex/R&D park
- NRP I: about 88,869 SF; NRP II: about 83,547 SF
- Currently about 92% occupied with stabilized long‑term triple‑net leases
Property Analytics
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Open Analytics
Current Use
Lease Details
92%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48377, MI
19,691
Population
9,961
Households
2
Avg Household Size
39
Median Age
52%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
2,051
Density / Sq Mi
$83,368
Median Household Income
$54,373
Median Earnings
$1,439
Median Rent
$332,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Two one-story buildings total about 176,160 SF within a multi-tenant flex/R&D park, currently about 92% occupied.
Where is this flex space located?
The property is located at 27175 27275 Haggerty Road Novi, MI.
What are key features of this property?
This property features: Two one‑story buildings totaling about 176,160 SF in a multi‑tenant flex/R&D park; NRP I: about 88,869 SF; NRP II: about 83,547 SF; Currently about 92% occupied with stabilized long‑term triple‑net leases
