Listed by NAI Farbman Southfield, NAI Farbman
Unpriced
42350 Grand River Ave
Details
Property Type Office, Industrial
Sub Type Medical Office, Flex
Square Footage 37,260
Units 3
Occupancy 44.28%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Class B
Year Built 1995
Year Renovated 2020
Buildings 1
Stories 1
Investment Type Value Add
Occupancy Date 09/04/2025
MIXED-USE INVESTMENT OPPORTUNITY
Marketing description
NAI Farbman is proud to offer a compelling mixed-use investment opportunity at 42350 Grand River Avenue in Novi, Michigan. Built in 1995 and significantly renovated in 2021, this 37,260-square-foot property presents investors with a value-add opportunity in a highly desirable suburban Detroit corridor. Currently anchored by GR Medical on a long-term triple-net lease, this property could be a strategic owner-operator purchase or investor opportunity to reposition into the future.
Investment highlights
- Long-Term Credit Tenant
- Significant Leasing Upside
- Core Novi Location
- Strong Local Demographics
Listing Contacts
Listed by NAI Farbman Southfield, NAI Farbman
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