45237 Grand River Ave Novi, MI 48375
This exceptional 29,196 square foot multi-tenant property, situated on a generous 7.61-acre lot in Oakland County's Central I-96 Corridor, presents a unique investment opportunity. The property comprises two buildings, both single-story structures built in 1973 and extensively renovated in 2022. Currently, 5,600 square feet of prime light industrial space is available for lease in the rear building. This space boasts a clear span design with a 14-foot ceiling height, four drive-in overhead doors (allowing for convenient drive-through access), and is equipped with 240V power, lighting, and heating. One office and one restroom are included. The front building is currently leased. The property's I-1 (Light Industrial) zoning allows for a variety of uses. Its strategic location on the south side of Grand River Avenue, east of Taft Road, offers excellent visibility and accessibility. The property is conveniently located a half-mile from Suburban Showplace and provides easy access to I-96 via Beck Road or Novi Road. The property features a total of 1000 AMPs, 440 Volts, and 3-phase power. Building dimensions for the available space are 78' x 72'. This property is ideal for businesses seeking versatile, well-maintained industrial space with excellent location and accessibility. The APN is 2215351012.
Cap rate
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Property description
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