Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    44325 Twelve Mile Rd Novi, MI 48377

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Novi restaurant, fully built-out.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 10,000-square-foot restaurant space is located within the Hub Stadium in Novi, Michigan, at 44325 W 12 Mile Rd, conveniently situated near the intersection of 12 Mile and Novi Road (48377). The property is a single-tenant retail space, ideal for a restaurant operator seeking a turnkey solution. The space is currently vacant and boasts a complete build-out, including a fully equipped kitchen, a bar, and a brick pizza oven. All existing equipment is available for purchase or lease negotiation. The expansive square footage provides ample room for dining, kitchen operations, and potential expansion. This location offers high visibility and accessibility, making it an attractive opportunity for a restaurant seeking a strong presence in the thriving Novi market. The property is ready for immediate occupancy, allowing for a swift start to operations. This is a rare opportunity to acquire a fully equipped, high-visibility restaurant space in a desirable location. Serious inquiries only.

    Property Features for 44325 Twelve Mile Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    29166.67

    Unit(s) available at that property

    Space
    Size
    10,000 SF
    Rate per SF
    $35

    HighLights

    • 10,000 SF restaurant space available for lease in Novi, MI's Hub Stadium.
    • Turnkey restaurant space with fully equipped kitchen, bar, and brick pizza oven.
    • High‑visibility location at 44325 W 12 Mile Rd, near Novi Road.
    • High ceilings, previously decorated as a high‑end steakhouse.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.48460728614
    Latitude
    42.490907818933

    Nearby Similar for Lease

    • $18 SF/Yr
      23,335 SF

      Novi Office/Medical Space Available

      Class A office/medical space for lease in Novi, Michigan.
      39525 W 14 Mile Rd, Novi, MI 48377
      View Details
    • Contact for pricing
      130,680 SF

      Novi Road Ground Lease Opportunity

      Three 1-acre parcels, flexible development.
      24555 Novi Rd, Novi, MI 48375
      View Details
    • $2,550 /Mo

      Townhouse in Liberty Park, Novi

      Maintenance-free townhouse with 2 bedrooms, loft, and community amenities.
      44600 Ellery Ln, Novi, MI 48377
      View Details
    • $13 SF/Yr
      176,160 SF

      Novi Research Park: Prime Office/Industrial Space

      Modern Novi Office & Warehouse Suites Available
      27175-27275 Haggerty Rd, Novi, MI 48377
      View Details
    • $7 SF/Yr
      29,196 SF

      Grand River Ave Industrial Space

      7.61 Acres, 5,600 SF Available
      45237 Grand River Ave, Novi, MI 48375
      View Details
    • Contact for pricing
      148,812 SF

      Twelve Oaks Mall Retail Opportunity

      Prime retail space within a high-traffic regional shopping destination.
      27150 Novi Rd, Novi, MI 48377
      View Details
    • $25 SF/Yr
      50,028 SF

      Novi Medical Office Space Available

      Class A Office Suites, Flexible Sizes
      26750 Providence Pkwy, Novi, MI 48374
      View Details
    • $3,100 /Mo

      Well-Maintained Condo in Island Lake

      3-bedroom condo with resort-style amenities in Novi, MI.
      49987 Blackberry Trl, Novi, MI 48374
      View Details
    • Contact for pricing
      40,000 SF

      Novi Warehouse: 40,000 SF Available

      Spacious Novi warehouse, ideal for industrial use.
      0 Heslip Dr, Novi, MI 48375
      View Details
    • $12 SF/Yr
      34,285 SF

      Novi Executive Office Space

      Modern Office, 10,000-34,285 SF Available
      25125 Regency Dr, Novi, MI 48375
      View Details
    • $14 SF/Yr
      18,350 SF

      Novi Executive Office Space

      8,850 SF Available, Updated 2022
      24245 Karim Blvd, Novi, MI 48375
      View Details
    • Contact for pricing
      3,500 SF

      Novi Warehouse - I-96 Corridor

      New Construction, 3,500 SF Warehouse
      0 Grand River Ave, Novi, MI 48375
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Novi restaurant, fully built-out.
    Where is this restaurant located?
    The property is located at 44325 Twelve Mile Rd Novi, MI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF restaurant space available for lease in Novi, MI's Hub Stadium.; Turnkey restaurant space with fully equipped kitchen, bar, and brick pizza oven.; High-visibility location at 44325 W 12 Mile Rd, near Novi Road.
    Request Owner's contact information
    44325 Twelve Mile Rd Novi, MI 48377
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    44325 Twelve Mile Rd
    Novi, MI 48377
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44325 Twelve Mile Rd Novi, MI 48377
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.