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Woodbury Commerce Park - Building C

Off-Market

39810 Grand River Avenue, Novi, MI 48375

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  • Property Type Office - General Office
  • Property Size 31,168 SF
  • Lot Size 3.4 Acre
  • Parking Spaces Avail. 158
  • Parking Ratio 5.10 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1996

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

Costco Gasoline

2.94 miles

2 stations

4.21 miles

Kroger

4.21 miles

Marathon

4.43 miles

BP

4.47 miles

Mobil

4.84 miles

Citgo

6.31 miles

Sunoco

7.46 miles

Speedway

7.62 miles

eVgo

7.86 miles

MDOT Carpool Lot

2.52 miles

Special Events Parking

2.82 miles

Lakeshore Park Skills Area Parking Lot

3.02 miles

Seven Mile Parking Lot

3.47 miles

Lot 7

3.51 miles

Lot 1C

4.00 miles

Lot 1B

4.02 miles

MDOT Public Carpool Parking

4.07 miles

Parking Lot - East

6.46 miles

Parking Lot E

9.78 miles

Motel 6

0.77 miles

Motel 6

0.78 miles

Knights Inn Farmington Hill

1.21 miles

TownePlace Suites Detroit Novi

1.54 miles

Sonesta Select Detroit Novi

1.58 miles

Country Inn & Suites by Radisson, Novi, MI

1.83 miles

Holiday Inn Express & Suites

2.19 miles

Residence Inn by Marriott Detroit Farmington Hills

3.54 miles

Courtyard by Marriott

3.66 miles

TownePlace Suites

4.24 miles

Primo's Pizza

0.85 miles

Paradise Biryani Pointe

1.18 miles

McDonald's

1.94 miles

Lifestyle Cafés

1.98 miles

Cinnabon

1.99 miles

Qdoba

2.03 miles

Hungry Howie's

2.32 miles

Basement Burger Bar

3.28 miles

Wendy's

3.77 miles

Coach's Corner

3.82 miles

South University

1.79 miles

CoinCoach

2.34 miles

Cooke School

3.46 miles

Oakland Community College at Orchard Ridge

3.83 miles

Schoolcraft College

3.89 miles

Kenbrook Elementary School

4.43 miles

Farmington Harrison High School

5.05 miles

Madonna University

5.91 miles

Wood Creek Elementary School

6.05 miles

Buchanan Elementary School

6.15 miles

Childtime Learning

2.24 miles

Country Hills Montessori

4.21 miles

The Learning Experience

4.27 miles

The Learning Tree Child Care Center - North

4.87 miles

KinderCare

5.10 miles

Everbrook Academy of West Bloomfield

5.88 miles

West Bloomfield KinderCare

6.94 miles

Lakes Area Montesorri

7.19 miles

Allen Early Learning Academy

7.67 miles

Childtime

9.03 miles

Contacts

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Owner

  • True Owner

Brokers

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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* $2,191,980
  • Assessed Value $2,191,980

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 C?

Woodbury Commerce Park - Building C totals 31,168 square feet.

When was this property built?

Woodbury Commerce Park - Building C was built in 1996.

When was Woodbury Commerce Park - Building C last sold?

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

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

The market value* for Woodbury Commerce Park - Building C in 2022 was $2,191,980.
*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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