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Retail End Cap Opportunities
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42688 Grand River Avenue, Novi, MI 48375

Town-center retail space with end-cap and inline configurations for varied tenant requirements.

Space Size1,075 SF - 3,509 SF
Property Size9,314 SF
Days on Market5

Property Features for 42688 Grand River Avenue

General Information

Standard status Active
Size 1,075 SF - 3,509 SF
Net Rentable 1,075 SF
Class A
Property subtype Retail
Zoning TC-1

Space & Availability

Available Space 1,075-3,500 SF
Space Use Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Teso Life, Chubby Cattle, Bookoff, Paris Baguette

Building Details

Building Size 9,314 SF
Tenancy Multiple

Spaces For Lease

at 42688 Grand River Avenue Contact us

Available Space 1

Size
2,434 SF
Type
Retail
Availability
Active
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Available Space 2

Size
1,075 SF
Type
Retail
Availability
Active
Contact us

Available Space 3

Size
1,500 SF
Type
Retail
Availability
Active
Contact us

Available Space

Size
1,800 SF
Type
Retail
Availability
Active
Contact us

Building C

Size
2,505 SF
Type
Retail
Availability
Active
Contact us

Building D 1

Size
3,509 SF
Type
Retail
Availability
Active
Contact us

Building D

Size
3,300 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Mid-America Real Estate - Michigan, Inc.
Listed By: Brad Rosenberg · License #6501204147
Source: Crexi
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 10 at 4:49AM

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 Mid-America Real Estate - Michigan, Inc.

Investment Insights

Based on property information with market context.

Retail leasing opportunities are available within Sakura Novi, a mixed-use development at Grand River Avenue and Town Centre Drive in Novi. Available configurations include a 2,505 SF end cap in Unit C 160, a Building D space ranging from 1,800–3,300 SF, and inline space of up to 3,500 SF that may be demised to 1,075 SF. The property is zoned TC-1 (Town Center), supporting a broad range of retail uses.

The development includes the 176-unit Residences at Sakura Novi townhome community and is positioned near Novi Town Center. Grand River Avenue provides exposure to an intersection carrying over 50,000 vehicles per day. Existing tenants include Teso Life, Chubby Cattle, Bookoff, and Paris Baguette, adding an established retail and dining presence within the project.

Key Highlights

  • 2,505 SF end cap available in Unit C 160
  • Building D opportunity ranges from 1,800–3,300 SF
  • Up to 3,500 SF of inline space; can be demised to 1,075 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Florist Daycare Center Wine and Liquor 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

NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Novi, MI

$21.5 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
33,328 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Town-center retail space with end-cap and inline configurations for varied tenant requirements.
Where is this retail space located?
The property is located at 42688 Grand River Avenue Novi, MI.
What are key features of this property?
This property features: 2,505 SF end cap available in Unit C 160; Building D opportunity ranges from 1,800–3,300 SF; Up to 3,500 SF of inline space; can be demised to 1,075 SF
More about this property
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