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    43259 Crescent Blvd Novi, MI 48375

    Sponsored
    For Lease
    Contact for pricing

    Prime Novi retail, multiple spaces available

    Lot size:
    303,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located in the vibrant Novi Town Center at 43259 Crescent Blvd, Novi, MI 48375, within Oakland County. The property offers a total of 303,809 square feet of commercial space, with multiple tenancy options available. Currently, there are 64,233 square feet of vacant space ready for immediate occupancy. Flexible space configurations cater to a variety of business needs, with minimum divisible units starting at 1,481 square feet and the potential to lease up to 59,351 contiguous square feet. This presents a unique chance for businesses seeking a prominent location in a thriving community. The property's strategic location in Novi, Michigan, provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. This is an ideal space for businesses looking to establish a strong presence in a bustling retail environment. The property is classified as retail commercial space and offers a multitude of possibilities for various retail ventures. Contact us today to explore the leasing options and secure your space in this dynamic Novi Town Center location.

    Property Features for 43259 Crescent Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    303,809 SF

    Unit(s) available at that property

    Space
    Suite 43303
    Size
    1,481 SF
    Space
    Suite 26132
    Size
    1,618 SF
    Space
    Pad Site
    Size
    59,351 SF
    Space
    Suite 43290
    Size
    1,783 SF

    HighLights

    • High‑profile Novi, MI retail center anchored by Hobby Lobby, TJ Maxx, Sierra Trading Post, and Ulta.
    • 139,504 vehicles per day (VPD) traffic count.
    • 303,809 square feet of retail space available, with 64,233 square feet immediately available.
    • Divisible units from 1,481 square feet to 59,351 contiguous square feet.
    • Located at 43259 Crescent Blvd, Novi, MI 48375 in Oakland County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Novi Town Center Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4736906
    Latitude
    42.4841324

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    FAQs

    What type of property is this?
    Retail property - Prime Novi retail, multiple spaces available
    Where is this retail property located?
    The property is located at 43259 Crescent Blvd Novi, MI.
    What are key features of this property?
    This property features: High-profile Novi, MI retail center anchored by Hobby Lobby, TJ Maxx, Sierra Trading Post, and Ulta.; 139,504 vehicles per day (VPD) traffic count.; 303,809 square feet of retail space available, with 64,233 square feet immediately available.
    Request Owner's contact information
    43259 Crescent Blvd Novi, MI 48375
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    Novi, MI 48375
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    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
    43259 Crescent Blvd Novi, MI 48375
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