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Multi-Tenant Flex Space
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29065 Cabot Drive, Novi, MI 48377

Three tenants occupy the property under leases with contractual annual rent growth.

Property Size50,501 SF
Days on Market5

Property Features for 29065 Cabot Drive

General Information

Standard status Active
Size 50,501 SF
Class Class A
Property subtype Office
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Building Size 50,501 SF
Tenancy Multi
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Max Lippitt · License #MI 6501395927
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 3:01PM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This 50,501-square-foot flex property in Novi is fully occupied by Stryker, Keyence Corporation of America, and Unipres North America. The tenant roster spans medical technology, industrial automation, and automotive manufacturing, and leases provide for annual rent growth.

The property sits in Novi’s technology corridor, with access to M-5, I-96, I-275, and I-696. Its location is also near corporate headquarters, research facilities, and advanced manufacturing operations across Metro Detroit.

Key Highlights

  • 100% occupancy across a three‑tenant roster
  • 50,501‑square‑foot flex property
  • Tenants include Stryker, Keyence Corporation of America, and Unipres North America

Property Analytics

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Current Use

Unipres North America, ... Corporate Office

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

426
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Three tenants occupy the property under leases with contractual annual rent growth.
Where is this flex space located?
The property is located at 29065 Cabot Drive Novi, MI.
What are key features of this property?
This property features: 100% occupancy across a three‑tenant roster; 50,501‑square‑foot flex property; Tenants include Stryker, Keyence Corporation of America, and Unipres North America
(248) 351-2086 Call to check price and availability
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