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43900-44000 Grand River Avenue

Off-Market

43900 Grand River Avenue, Novi, MI 48375

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 489,237 SF
  • Lot Size 42.33 Acre
  • Parking Spaces Avail. 905
  • Parking Ratio 1.85/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1955

Location

  • Walk Score ® Car-Dependent (23)
  • Bike Score ® Somewhat Bikeable (33)
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest

Sunoco

0.37 miles

Mobil

0.46 miles

BP

0.84 miles

Speedway

1.30 miles

Marathon

1.33 miles

Shell

1.70 miles

Kroger

1.85 miles

Shell

1.94 miles

BP

2.46 miles

Mobil

2.58 miles

Lakeshore Park Skills Area Parking Lot

1.25 miles

North Parking Lot

1.65 miles

MDOT Public Carpool Parking

1.71 miles

MTB Tralhead Parking

1.81 miles

ShearWater Trailhead Parking Lot for M.A.L.T.

3.67 miles

Michigan Air Line Trailhead Parking Lot

3.77 miles

MDOT Carpool Lot

4.00 miles

Wixom Habitat Parking

4.63 miles

Parking Lot A

4.73 miles

Special Events Parking

4.75 miles

Texas Roadhouse

0.24 miles

Burger 21

0.34 miles

Jersey Mike's Subs

0.34 miles

Blaze Pizza

0.34 miles

Qdoba

0.34 miles

Wendy's

0.36 miles

Maisano's Italian

0.36 miles

Black Rock

0.40 miles

Buffalo Wild Wings

0.40 miles

Famous Dave's

0.40 miles

Sears Outlet

0.41 miles

West Oaks I

0.41 miles

Twelve Mile Crossing at Fountain Walk

0.43 miles

TJ Maxx

0.62 miles

Walmart Supercenter

0.64 miles

West Oaks II

0.66 miles

Kohl's

0.67 miles

Gordon Food Service

0.69 miles

Marshalls

0.70 miles

Macy's

0.73 miles

Novi Urgent Care

0.40 miles

Creams N' Caps

0.48 miles

Novi Fire Department

0.76 miles

Urgent Care of Novi

0.82 miles

Concerta Urgent Care

0.83 miles

Walgreens

1.38 miles

City of Novi Lee C. Begole Police Headquarters

1.40 miles

Rite Aid

1.72 miles

Rite Aid

1.87 miles

Providence Park Hospital

1.91 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 03 Jan, 2007
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Novi

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Novi Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.25
  • 2020 Office Vacancy Rate 14.25%
  • 2020 Office Completions (SF) 269,869
View more Novi market trends

Tax

  • Market Value* $13,373,400
  • Assessed Value $13,373,400

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 43900-44000 Grand River Avenue?

43900-44000 Grand River Avenue totals 489,237 square feet.

When was this property built?

43900-44000 Grand River Avenue was built in 1955.

When was 43900-44000 Grand River Avenue last sold?

43900-44000 Grand River Avenue was last sold on 03 Jan, 2007.

What is the market value for 43900-44000 Grand River Avenue?

The market value* for 43900-44000 Grand River Avenue in 2021 was $13,373,400.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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