Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight