Your email has been sent.
Sakura Novi 42750 Grand River Ave 1,100 - 10,405 SF of Retail Space Available in Novi, MI
HIGHLIGHTS
- Unique collection of Asian-inspired retail and restaurants.
- Brand new construction, including Japanese-inspired gardens surrounding a unique pond.
- 45,000 sf of retail, restaurant and service space and over 130 new townhome apartments.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 3,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste C-120 | 1,100 SF | 10-20 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste C-160 | 2,505 SF | 10-20 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
42658 Grand River - 1st Floor
- Highly Desirable End Cap Space
42658 Grand River - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
42768 Grand River Ave - 1st Floor - Ste C-120
Great location.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Build-to-suit opportunity
42768 Grand River Ave - 1st Floor - Ste C-160
High end, mixed-use regional destination with a curated mix of retail, lifestyle services, entertainment tenants, first-in-class restaurants and more along with brand new residential townhomes.
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Corner Space
- Build-to-suit opportunity.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT SAKURA NOVI
- Clawsome
- Dancing Pine Korean Steakhouse
- Mikiya Wagyu Shabu House
- Presotea
PROPERTY FACTS
| Total Space Available | 10,405 SF | Frontage | 400’ on Grand River Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 42,734 SF |
| Stores | 16 | Total Land Area | 22.96 AC |
| Center Properties | 4 | Year Built | 2026 |
| Total Space Available | 10,405 SF |
| Center Type | Neighborhood Center |
| Stores | 16 |
| Center Properties | 4 |
| Frontage | 400’ on Grand River Ave |
| Gross Leasable Area | 42,734 SF |
| Total Land Area | 22.96 AC |
| Year Built | 2026 |
ABOUT THE PROPERTY
New construction in the heart of downtown Novi with over over 45,000 sf of commercial space. Sakura Novi will attract locals and visitors from throughout the Midwest and will feature a unique collection of retail and restaurants; featuring a pond with lush landscaping a walk-able trail, children's play area and much more including 130 town homes.
NEARBY MAJOR RETAILERS
Presented by
Sakura Novi | 42750 Grand River Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.