Briar Pointe Plaza
Retail | 29,808 SF
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Introducing BRIAR POINTE PLAZA, a prime investment opportunity located at 47200 – 47340 W 10 MILE ROAD, NOVI, MI 48374. This high-exposure plaza is anchored by CVS and strategically positioned at the bustling intersection of Ten Mile Road and Beck Road, ensuring maximum visibility and accessibility for both tenants and customers. Featuring a diverse tenant mix of retail and medical businesses including CVS, Martinizing Dry Cleaners, Briar Pointe Dentistry, and more, BRIAR POINTE PLAZA offers a robust neighborhood center with 29,908 SF of leasable space. Boasting a strong average household income of $236,812 within a 1-mile radius and close proximity to Providence Park Hospital, this property presents a lucrative investment opportunity. With an asking price of $6,850,302 and a competitive cap rate of 6.30%, this NNN leased property generates a solid NOI of $431,569. Don't miss out on this outstanding investment in the heart of Novi!
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