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Two-Building Manufacturing Property
For Lease
$10 SF/Yr

45390 Grand River, Novi, MI 48375

I-1 zoning, Grand River frontage, and overhead-door access support industrial operations.

Space Size8,908 SF
Property Size11,788 SF
Lot Size1.00 Acre
Days on Market172

Property Features for 45390 Grand River

General Information

Standard status Active
Size 8,908 SF
Class C
Lot size 1.00 Acre
Property subtype Industrial
Zoning Light Industrial
Lease Term NNN

Additional Details

Space Use Industrial
Road Access Yes

Building Details

Building Size 11,788 SF
Year Built 1979
Buildings 2

Spaces For Lease

at 45390 Grand River
Main Building $10/SF/Yr
Size 8,908 SF
Term Negotiable
Contact us
Listing Agency: Thomas A. Duke Company
Listed By: Mark Szerlag · License #6502342846
Source: Thomasduke
Added: May 7 Changed: Oct 21 Last Checked: Oct 24 at 2:49PM

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 Thomas A. Duke Company

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Investment Insights

Based on property information with market context.

This industrial property includes two buildings totaling 8,908 square feet on approximately 1 acre. The site is configured for manufacturing and other industrial operations, with three overhead doors supporting material movement and facility access. I-1 Light Industrial zoning provides the recorded land-use designation for the property.

The property fronts Grand River Avenue in Novi, Michigan, providing direct exposure along the roadway. Its two-building layout, substantial building area, and overhead-door infrastructure create a practical base for industrial occupancy, subject to applicable zoning and use requirements.

Key Highlights

  • Two industrial buildings totaling 8,908 square feet
  • Approximately 1 acre of industrial property
  • I‑1 Light Industrial zoning

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Law Firm Storage Facility Garden Center Parking Lot & Garage Grocery & Convenience Store Computer & Electronic Repair

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

377
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

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

Frequently Asked Questions

What type of property is this?
Manufacturing property - I-1 zoning, Grand River frontage, and overhead-door access support industrial operations.
Where is this manufacturing property located?
The property is located at 45390 Grand River Novi, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Two industrial buildings totaling 8,908 square feet; Approximately 1 acre of industrial property; I‑1 Light Industrial zoning
More about this property
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