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Investment Highlights
- Excellent visibility and access at signalized intersection of Novi Road and W. 14 Mile Road
- Surrounded by national retailers including Starbucks, Little Caesars, and Flagstar Bank creating consistent customer traffic
- Suitable for variety of retail, medical, fitness, or service users
- Directly adjacent to Novi Summit Shopping Center
- Well-maintained single-tenant retail building with highly functional layout
- Generous on-site parking with convenient access to I-96, I-275, and M-5
Executive Summary
Well-maintained, single-tenant retail building with excellent visibility at signalized intersection, surrounded by national retailers creating consistent traffic, flexible for investors or owner-users.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,878 SF
Building Class
C
Year Built
1999
Price
$2,676,131 CAD
Price Per SF
$246.01 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.55 AC
Zoning
R-A - Commercial Zoned District
Parking
50 Spaces (4.6 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Well-maintained, single-tenant retail building with a highly functional layout suitable for a variety of retail, medical, fitness, or service users. Offered For Sale at $1,900,000 or For Lease at $11.50 PSF NNN, providing flexibility for investors, owner-users, or tenants.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,878 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 10,878 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 10,878 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Well-maintained, single-tenant retail building with a highly functional layout suitable for a variety of retail, medical, fitness, or service users. Offered For Sale at $1,900,000 or For Lease at $11.50 PSF NNN, providing flexibility for investors, owner-users, or tenants.
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-02-200-041 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,304,276 CAD |
Property Taxes
Parcel Number
22-02-200-041
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,304,276 CAD
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42191 W 14 Mile Rd
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