West Market Square Shopping Center
47950 Grand River Avenue, Novi, MI 48374
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- Property Type Retail - Community Center
- Property Size 197,568 SF
- Lot Size 34.32 Acre
- Property Tenancy Multi-Tenant
- Year Built 2000
- Walk Score ® Car-Dependent (37)
- Bike Score ® Somewhat Bikeable (40)
- City Novi, MI
- Neighborhood Novi
- Zip Code 48374
- Market Detroit
Points of Interest
ShearWater Trailhead Parking Lot for M.A.L.T.
North Parking Lot
Public Car Pool Parking
Parking Lot - Central Convent
Lot B - Employee Parking
Diamond Jim Brady's Bistro Bar
Yeung's Lotus Express
Rao Gari Vindu Indian Cuisine, Bar & Banquet
Twelve Mile Crossing at Fountain Walk
West Oaks II
West Oaks I
Twelve Oaks Mall
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Average Actual Rents in Novi
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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)
- Market Value* $14,186,420
- Assessed Value $14,186,420
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*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 West Market Square Shopping Center?
West Market Square Shopping Center totals 197,568 square feet.
When was this property built?
West Market Square Shopping Center was built in 2000.
What is the market value for West Market Square Shopping Center?
The market value* for West Market Square Shopping Center in 2022 was $14,186,420.
*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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