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    OFF-MARKET
    Warehouses

    40400-40500 Grand River Ave, Novi, MI 48375

    30,000 SF Built 1986
    Property ID
    Property summary
    AI-generated overview

    The Novi Commerce Center, located at 40400-40500 Grand River Ave, Novi, MI 48375, offers exceptional industrial space for lease in Oakland County's Central I-96 Corridor. This Light Industrial zoned property, built in 1986, boasts a total of 30,000 square feet, with 10,000 square feet currently vacant and available for immediate occupancy. Multiple tenancy options are available, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 5,000 square feet. The building features desirable characteristics for manufacturing and warehouse operations, including a 14-foot ceiling height, one dock-high door, and one drive-in door. This prime location in Novi offers easy access to major transportation routes within the Central I-96 Corridor, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. The property is well-suited for a variety of industrial uses. Contact us today to learn more about leasing opportunities.

    Property profile
    Verified
    Property type Warehouses
    Year built 1986
    Total area 30,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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