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Woodbury Commerce Park - Building A

Off-Market

39750 Grand River Avenue, Novi, MI 48375

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  • Property Type Office - General Office
  • Property Size 30,271 SF
  • Lot Size 2.75 Acre
  • Parking Spaces Avail. 154
  • Parking Ratio 5.10 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

  • Walk Score ® Car-Dependent (48)
  • Bike Score ® Somewhat Bikeable (49)
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest

BP

1.59 miles

2 stations

4.20 miles

Meijer

5.36 miles

BP

5.38 miles

Speedway

5.84 miles

Mobil

7.46 miles

Mobil

7.58 miles

Mobil

7.82 miles

eVgo

7.86 miles

BP

8.15 miles

North Parking Lot

2.03 miles

MDOT Carpool Lot

2.52 miles

Public Parking

3.21 miles

Lot 8

3.48 miles

Lot 1C

4.00 miles

Michigan Air Line Trailhead Parking Lot

5.00 miles

Trailhead Parking for WBT & MALT Trails

5.53 miles

Wixom Habitat Parking

6.73 miles

Real Green Systems

6.91 miles

Parking Lot G

9.70 miles

Motel 6

0.77 miles

Motel 6

0.78 miles

Red Roof Inn

1.01 miles

Holiday Inn Hotel & Suites

1.16 miles

Knights Inn Farmington Hill

1.21 miles

Sheraton

2.11 miles

The Baronette Renaissance

2.32 miles

Embassy Suites by Hilton Detroit Livonia Novi

3.05 miles

Hampton Inn Detroit-Novi

3.83 miles

Detroit Marriott Livonia

4.33 miles

Boston Market

1.96 miles

Lifestyle Cafés

1.98 miles

Genji

2.23 miles

J. Alexander's

3.30 miles

Sidecar Slider Bar

3.57 miles

Spicy Bangkock

3.77 miles

Cottage Inn Gourmet Pizza

3.81 miles

Jimmy John's

4.37 miles

Wendy's

4.89 miles

Tubby's

4.92 miles

South University

1.79 miles

CoinCoach

2.34 miles

Oakland Community College at Orchard Ridge

3.83 miles

Schoolcraft College

3.89 miles

North Farmington High School

4.29 miles

Saint William Catholic School

4.83 miles

Madonna University

5.91 miles

Madonna University

6.34 miles

Ridge Wood Elementary School

6.75 miles

Glengary Elementary School

7.15 miles

Childtime Learning

2.24 miles

KinderCare Learning Center

2.76 miles

The Learning Experience

4.27 miles

Everbrook Academy of West Bloomfield

5.88 miles

Livonia Little Tots

6.35 miles

St. Peter's Evangelical Lutheran School

7.17 miles

Allen Early Learning Academy

7.67 miles

Learning Tree

8.14 miles

Childtime

9.03 miles

Bloomin' Kids Preschool at Conant

9.70 miles

Contacts

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Owner

  • True Owner

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Documents

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Sales

  • Purchase Date 04 Dec, 2014
  • 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* $2,410,420
  • Assessed Value $2,410,420

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 Woodbury Commerce Park - Building A?

Woodbury Commerce Park - Building A totals 30,271 square feet.

When was this property built?

Woodbury Commerce Park - Building A was built in 1986.

When was Woodbury Commerce Park - Building A last sold?

Woodbury Commerce Park - Building A was last sold on 04 Dec, 2014.

What is the market value for Woodbury Commerce Park - Building A?

The market value* for Woodbury Commerce Park - Building A in 2022 was $2,410,420.
*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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