Contact Property

Maxim Building

Off-Market

42400 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 Office - General Office
  • Property Size 36,000 SF
  • Lot Size 3 Acre
  • Parking Spaces Avail. 167
  • Parking Ratio 4.64 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

Location

  • Walk Score ® Somewhat Walkable (60)
  • Bike Score ® Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest

Shell

2.13 miles

Meijer

4.82 miles

2 stations

5.07 miles

Kroger

5.11 miles

Shell

5.51 miles

Sunoco

8.03 miles

Sunoco

8.38 miles

BP

8.41 miles

eVgo

8.41 miles

BP

8.84 miles

Parking Lot A

3.84 miles

Center Parking Lot

4.48 miles

Lot 6

4.76 miles

Lot 4

5.05 miles

Wixom Habitat Parking

5.49 miles

Real Green Systems

6.52 miles

Parking Lot - Central Convent

6.99 miles

Parking Lot - North

7.14 miles

Parking Lot - West

7.15 miles

Lot E - Employee & Handicap Parking

9.93 miles

Four Points by Sheraton Detroit Novi

0.97 miles

Motel 6

2.18 miles

Motel 6

2.19 miles

Knights Inn Farmington Hill

2.61 miles

Hampton

3.23 miles

SpringHill Suites

3.85 miles

Detroit Marriott Livonia

5.19 miles

Park Motel of Farmington

6.15 miles

Hilton Garden Inn Plymouth

6.40 miles

Hampton Inn & Suites

6.47 miles

Wendy's

0.60 miles

Auntie Anne's

0.85 miles

Lifestyle Cafés

0.88 miles

China Cafe

0.91 miles

Buffalo Wild Wings

1.25 miles

Cherry Blossom

1.27 miles

Billy's Coney Island

2.59 miles

McDonald's

3.79 miles

Gift of India

4.07 miles

Jimmy John's

5.59 miles

South University

1.21 miles

Moraine Elementary School

3.65 miles

CoinCoach

3.70 miles

James R. Geisler Middle School

4.05 miles

Schoolcraft College

4.65 miles

Oakland Community College at Orchard Ridge

5.03 miles

Farmington High School

5.52 miles

Northville Montessori Center

5.74 miles

Our Lady of Mercy High School

6.59 miles

Madonna University

6.73 miles

Childtime Learning

3.09 miles

KinderCare Learning Center

3.24 miles

Little Hearts Learning Home - Child Care and Pre-School

4.67 miles

Minto's Casa

4.76 miles

KinderCare

5.08 miles

Tutor Time

5.57 miles

Everbrook Academy of West Bloomfield

6.60 miles

Montessori Center of Our Lady

6.94 miles

Livonia Little Tots

7.45 miles

Childtime

8.35 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 03 Oct, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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* $3,681,340
  • Assessed Value $3,681,340

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 Maxim Building?

Maxim Building totals 36,000 square feet.

When was this property built?

Maxim Building was built in 1988.

When was Maxim Building last sold?

Maxim Building was last sold on 03 Oct, 2012.

What is the market value for Maxim Building?

The market value* for Maxim Building in 2022 was $3,681,340.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.