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7-Unit Industrial Building
For Lease
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44480 Grand River Ave, Novi, MI 48375

A multi-tenant configuration allows separate occupancy across the building.

Space Size14,260 SF
Days on Market14

Property Features for 44480 Grand River Ave

General Information

Standard status Active
Size 14,260 SF
Property subtype Industrial

Building Details

Tenancy Multi

Spaces For Lease

at 44480 Grand River Ave
44480 Grand River Ave Active
Size 14,260 SF
Contact us
Listing Agency: Signature Associates
Listed By: Jeff Lemanski · License #MI
Source: Crexi
Added: Sep 23 Changed: Sep 30 Last Checked: Oct 5 at 3:46PM

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

Investment Insights

Based on property information with market context.

The industrial property in Novi comprises seven units in a multi-tenant building. Its layout allows an occupant to use part of the building and lease the remaining space.

The property is on the north side of Grand River Avenue, west of Novi Road, in the area associated with Novi’s City West District.

Key Highlights

  • Seven units in a multi‑tenant industrial building
  • North side of Grand River Avenue, west of Novi Road
  • Located in the area associated with Novi’s City West District

Property Analytics

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Open Analytics

Current Use

Carpet Cleaning Services ... (Bike/Boat/Book/etc) Store 1 Stop Carpet ... Carpet Cleaning Service Happy Dance Sales ... Discount Store Sentry Supply Co Department Store

Suggested Use

Top Pick Storage Facility Garden Center Real Estate Agency HVAC Service Grocery & Convenience Store Food Market

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

463
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Novi, MI

$12.18 /SF/Yr
Avg Asking Price
$7.95–$16 /SF/Yr
Price Range
22,423 SF
Avg Space Size

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?
Industrial property - A multi-tenant configuration allows separate occupancy across the building.
Where is this industrial property located?
The property is located at 44480 Grand River Ave Novi, MI.
What are key features of this property?
This property features: Seven units in a multi‑tenant industrial building; North side of Grand River Avenue, west of Novi Road; Located in the area associated with Novi’s City West District
More about this property
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