44325 12 Mile Rd Novi, MI 48377
This exceptional 10,000-square-foot restaurant space is located within the Hub Stadium in Novi, Michigan, at 44325 W 12 Mile Rd, conveniently situated near the intersection of 12 Mile and Novi Road (48377). The property is a single-tenant retail space, ideal for a restaurant operator seeking a turnkey solution. The space is currently vacant and boasts a complete build-out, including a fully equipped kitchen, a bar, and a brick pizza oven. All existing equipment is available for purchase or lease negotiation. The expansive square footage provides ample room for dining, kitchen operations, and potential expansion. This location offers high visibility and accessibility, making it an attractive opportunity for a restaurant seeking a strong presence in the thriving Novi market. The property is ready for immediate occupancy, allowing for a swift start to operations. This is a rare opportunity to acquire a fully equipped, high-visibility restaurant space in a desirable location. Serious inquiries only.
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.