Property summary
Grand Place Commons, located at 40028 Grand River Ave in Novi, Michigan, presents a unique opportunity to lease a single-tenant industrial/office space. This 8,757 square foot building sits on a generous 4.23-acre lot, offering ample space for operations and potential expansion. Built in 1997, the property boasts a desirable 16-foot ceiling height, ideal for various industrial uses or flexible office configurations. The zoning is I-1, allowing for a range of permitted activities. The property features approximately 4.73 parking spaces, providing convenient access for employees and clients. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The property's address is 40028 Grand River Ave, Novi, MI 48375, and its Assessor's Parcel Number (APN) is 22-24-401-019 within Oakland County. This exceptional property offers a blend of office and warehouse space, making it suitable for a variety of businesses seeking a functional and spacious location in Novi. The property is available for lease.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Engineering Consultant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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