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    Novi, MI
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    Novi, MI NNN Properties for Sale

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    Wixom, MI South Lyon, MI Northville, MI
    Freestanding Carvana Investment Property
    Updated: Nov 7, 2024
    Freestanding Carvana Investment Property

    26890 Adell Center Dr, Novi, MI 48375

    $9,173,000
    5,706 sqft
    Absolute NNN lease with zero landlord responsibilities.
    Long‑term Carvana lease with approximately 17 years remaining.
    Lease includes rent increases equal to the lesser of 7.92337% or 1.25x CPI.
    Strategic location off Interstate 96 (152,000 VPD).
    Located adjacent to Twelve Oaks Mall, benefiting from strong tenant synergy.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Retail and Office Building
    Renovated Retail and Office Building

    5900 Highland Road, Waterford, MI 48327

    $4,500,000
    49,434 sqft · 7.50 AC lot

    Fully renovated building with retail frontage and private management offices, offered partially leased.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    1052 1072 W Huron Street, Waterford, MI 48328

    $2,600,000
    21,345 sqft

    Multi-tenant retail asset is 100% occupied with stable tenancy and prominent visibility along a high-traffic corridor.

    View details
    New Restaurant Ground Lease Opportunity
    New Restaurant Ground Lease Opportunity

    17115-17117 N Laurel Park Dr, Livonia, MI 48152

    $10,300,000
    20,125 sqft

    New construction restaurant ground lease with zero landlord responsibilities.

    View details
    New Leaseback Opportunity Near Hospital
    New Leaseback Opportunity Near Hospital

    20280 Middlebelt Rd, Livonia, MI 48152

    $529,294
    1,795 sqft

    10-year absolute NNN lease with fixed annual rent increases.

    View details

    Novi, MI Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 5,706 square feet of properties for sale, with an estimated market value of $9,173,000.

    Sale prices for triple net lease properties in Novi, MI start at $9,173,000, averaging $9,173,000, and reaching up to $9,173,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    High-Yield Neighborhoods for Investment

    Identify Novi submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48375 $9.2M

    Taxes & Financing

    Tax Rate (average for all types) 4.06%
    Property Tax per SF $88.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Novi fall within the 100,000+ square foot range.

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