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SimCenter

Off-Market

25540 Seeley Road, Novi, MI 48375

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  • Property Type Office - R&D - Office
  • Property Size 49,722 SF
  • Lot Size 8 Acre
  • Parking Spaces Avail. 183
  • Parking Ratio 3.70 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2020

Location

  • Walk Score ® Car-Dependent (28)
  • Bike Score ® Somewhat Bikeable (48)
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest

BP

1.31 miles

BP

1.53 miles

Marathon

4.53 miles

2 stations

4.57 miles

Shell

4.72 miles

Sunoco

4.97 miles

Sunoco

7.84 miles

Sunoco

7.94 miles

eVgo

8.19 miles

BP

8.74 miles

Parking Lot A

3.13 miles

Lot 4

3.96 miles

Center Parking Lot

4.11 miles

Wixom Habitat Parking

6.35 miles

Parking Lot - South

6.87 miles

Huron River Fishing Site Parking

8.87 miles

Parking Lot C

9.84 miles

Parking Lot A

9.85 miles

Lot E - Employee & Handicap Parking

9.88 miles

Parking Lot G

9.93 miles

Motel 6

1.10 miles

Motel 6

1.12 miles

Knights Inn Farmington Hill

1.56 miles

Four Points by Sheraton Detroit Novi

1.98 miles

Hampton

2.79 miles

Fairfield Inn

4.64 miles

Detroit Marriott Livonia

4.69 miles

Extended Stay America

4.73 miles

Park Motel of Farmington

5.05 miles

Holiday Inn Express & Suites

5.61 miles

Lifestyle Cafés

1.61 miles

Primanti Bros.

1.62 miles

Panda Express

1.65 miles

On The Border

2.56 miles

Los Tres Amigos

3.65 miles

Red Robin

3.99 miles

Uptown Grille

4.47 miles

Burger King

6.07 miles

Subway

6.75 miles

Wendy's

8.15 miles

South University

1.40 miles

CoinCoach

2.71 miles

Oakland Community College at Orchard Ridge

3.95 miles

Schoolcraft College

4.23 miles

North Farmington High School

4.26 miles

Novi Middle School

4.49 miles

Madonna University

6.27 miles

Madonna University

6.70 miles

Sarah G Banks Middle School

6.98 miles

For Kids Sake

7.47 miles

Minto's Casa

3.75 miles

Tutor Time

4.44 miles

Country Hills Montessori

4.44 miles

The Learning Experience

4.55 miles

KinderCare

4.69 miles

Everbrook Academy of West Bloomfield

5.81 miles

Montessori Center of Our Lady

6.49 miles

Livonia Little Tots

6.74 miles

Lakes Area Montesorri

6.87 miles

Learning Tree

8.52 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • 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.

  • 2021 Avg. Asking Rent $22.78
  • 2021 Office Vacancy Rate 14.93%
  • 2021 Office Completions (SF)
View more Novi market trends

Tax

  • Market Value* $4,140,940
  • Assessed Value $4,140,940

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 SimCenter?

SimCenter totals 49,722 square feet.

When was this property built?

SimCenter was built in 2020.

What is the market value for SimCenter?

The market value* for SimCenter in 2022 was $4,140,940.
*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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