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Class A Multi-Tenant Flex Park
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27175-27275 Haggerty Road, Novi, MI 48377

Two single-story buildings support R&D and flex-space occupancy with established corporate tenancy.

Property Size176,160 SF
Days on Market229

Property Features for 27175-27275 Haggerty Road

General Information

Standard status Active
Size 176,160 SF
Class Class A
Property subtype Office
Zoning OST
Occupancy 98%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 176,160 SF
Buildings 2
Stories 1
Tenancy Multi
Listing Agency: Friedman Integrated Real Estate
Listed By: Todd Hawley · License #6501265610
Source: Cpix.resimplifi
Added: Jan 13 Changed: Aug 29 Last Checked: Aug 29 at 9:11PM

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

Investment Insights

Based on property information with market context.

This Class A flex and R&D park consists of two single-story, multi-tenant buildings. NRP I contains approximately 88,869 SF, while NRP II contains approximately 83,547 SF. The property is 98% occupied and has maintained occupancy at or above 90% for the previous 10 years. Current tenancy includes several multinational corporations and publicly traded corporations, with stabilized occupancy supported by approximately 7 years of WALT. Available suites are in move-in condition.

The property is located at 27175-27275 Haggerty Road in Novi, Michigan. Regional and local expressway access includes M-5, I-696, I-275, and I-96. The site is zoned OST and includes frontage and visibility identified in the property information.

Key Highlights

  • 98% occupied with ±7 years WALT
  • NRP I contains +/- 88,869 SF
  • NRP II contains +/- 83,547 SF

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Nail Salon Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

98%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two single-story buildings support R&D and flex-space occupancy with established corporate tenancy.
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: 98% occupied with ±7 years WALT; NRP I contains +/- 88,869 SF; NRP II contains +/- 83,547 SF
More about this property
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