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Long-Term Credit Office Building
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42350 GRAND RIVER AVENUE, Novi, MI 48375

Office building with a long-term credit tenant and leasing upside in core Novi.

Property Size37,260 SF
Days on Market281

Property Features for 42350 GRAND RIVER AVENUE

General Information

Standard status Active
Size 37,260 SF
Property subtype OFFICE
Listing Agency: NAI Farbman - Corporate
Listed By: Todd Szymczak · License #6501338373
Source: Moodyscre
Added: Oct 23, 2025 Changed: Jul 29 Last Checked: Jul 29 at 10:31AM

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 NAI Farbman - Corporate

Investment Insights

Based on property information with market context.

This for-sale office building benefits from a long-term credit tenant. The offering is also described as having significant leasing upside, supported by the property’s positioning within a core Novi market.

The asset totals 37,260 square feet and is located at 42350 Grand River Avenue in Novi, Michigan. Additional public remarks reference strong local demographics.

The property is presented under the office building and office space categories, aligning with an income-producing office use and potential demand for additional space.

Key Highlights

  • Office building with a long‑term credit tenant
  • Potential for significant leasing upside
  • Office building located in core Novi

Property Analytics

Current Use

Theresa Min- Restorative ... Medical Clinic Doctors Choice Needles Production Facility Lindsey Rossman, DO Physician Dr. Steven J. ... Physician Jenny Michaels, MD Physician

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Barber Shop (Bike/Boat/Book/etc) Store Locksmith 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.

Location Intelligence

Trade Area within ½ mile

835
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with a long-term credit tenant and leasing upside in core Novi.
Where is this office building located?
The property is located at 42350 GRAND RIVER AVENUE Novi, MI.
What are key features of this property?
This property features: Office building with a long‑term credit tenant; Potential for significant leasing upside; Office building located in core Novi
(248) 351-4378 Call to check price and availability
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