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Industrial Flex Suite with Truckwell
For Lease
$12 SF/Yr

40440 Grand River Ave, Novi, MI 48375

Industrial-zoned flex space with a truckwell and overhead loading door.

Space Size5,000 SF
Property Size25,000 SF
Days on Market350

Property Features for 40440 Grand River Ave

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype Industrial
Zoning LT. INDUSTRIAL

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF

Additional Details

Dock-High Doors 1

Building Details

Building Size 25,000 SF
Year Built 1986
Buildings 1
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Drake Filippis · License #6505240607
Source: Cpix.resimplifi
Added: Sep 17, 2025 Changed: Aug 30 Last Checked: Aug 30 at 12:31AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

Suite AB provides 5,000 square feet of flex space within a 25,000-square-foot commercial property. The suite includes one truckwell and one overhead door, supporting loading and warehouse-related operations.

The property is zoned LT. INDUSTRIAL and was built in 1986. Located at 40440 Grand River Ave in Novi, Michigan, the asset offers a defined industrial setting for users seeking flex or warehouse space.

Key Highlights

  • 5,000‑square‑foot Suite AB
  • One truckwell serving the suite
  • One overhead door

Property Analytics

Current Use

BLACK SHEEP AUDIO ... Recording Studio Kinesis Physical Therapy ... Medical Clinic Dean Auto Repair Auto Repair Shop Mogul Trading Inc Car Dealership Ryan Tisdall Physician

Suggested Use

Top Pick Storage Facility Real Estate Agency Garden Center Hair Salon Pharmacy HVAC 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

1
Dock-high doors
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby
Under-served
Demand for This Use

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned flex space with a truckwell and overhead loading door.
Where is this flex space located?
The property is located at 40440 Grand River Ave Novi, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,000‑square‑foot Suite AB; One truckwell serving the suite; One overhead door
More about this property
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