Search
Retail-Office Plaza on Grand River
For Lease
$20 SF/Yr

39711 Grand River Ave, Novi, MI 48375

Pheasant Run Plaza offers office, retail, or medical space with ample parking on Grand River Avenue.

Space SizeContact for details
Days on Market121

Property Features for 39711 Grand River Ave

General Information

Standard status Active
Property subtype Office
Zoning B-3

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Gerdom Realty & Investment
Listed By: Owen Kelly · License #6501458986
Source: Cpix.resimplifi
Added: May 12 Changed: Sep 4 Last Checked: Sep 8 at 3:33AM

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.

Pheasant Run Plaza is a commercial center positioned to serve retail, office, or medical needs. The property is located on busy Grand River Avenue and is described as having ample parking and a diverse tenant mix.

The site is just west of Haggerty Road and is minutes from several major roadways, including I-96, I-696, I-275 and M-5. The property is also adjacent to an additional development underway, with a new 30,000 SF surgery center being built behind the property, expected to bring additional traffic to the area.

Units within the plaza are being marketed for retail, office, or medical use, supporting flexible occupancy options within the same shopping center environment.

Key Highlights

  • Located on busy Grand River Avenue, just west of Haggerty Road
  • Property suited for retail, office, or medical use
  • Ample parking available

Property Analytics

Current Use

Jet's Pizza Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Hair Salon Parking Lot & Garage Nail Salon

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

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

$18.82 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
27,634 SF
Avg Space Size

This space is priced 6% above the average of $18.82 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Pheasant Run Plaza offers office, retail, or medical space with ample parking on Grand River Avenue.
Where is this office building located?
The property is located at 39711 Grand River Ave Novi, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Located on busy Grand River Avenue, just west of Haggerty Road; Property suited for retail, office, or medical use; Ample parking available
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message