12259 Leopard St Corpus Christi, TX 78410
This exceptional retail opportunity presents 148,812 square feet of vacant space within the prestigious Twelve Oaks Mall in Novi, Michigan. Located in Oakland County, this single-tenant property sits on an expansive 11.03-acre lot and boasts a two-story building. The property is zoned R-C, offering significant flexibility for a variety of retail uses. With ample parking (5 spaces per 1,000 square feet), this location ensures convenient access for customers. The building's strategic placement at the mall's busiest entrance guarantees high visibility and foot traffic. Twelve Oaks Mall itself is a major regional shopping destination, part of the Simon/Taubman portfolio, attracting shoppers from across the region. Novi is a highly affluent community and a strong super-regional draw, benefiting from its proximity to multiple power centers, entertainment venues, and major employers. The property's exceptional location offers unparalleled accessibility, situated just off heavily traveled I-96 and within three miles of four major highway interchanges (I-96, I-696, I-275, and M-5). This prime location provides easy access for customers traveling from all directions within a 20-minute radius. This presents a unique chance to establish a significant retail presence in a thriving market. The sheer size and prime location of this property make it an unparalleled investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.