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Mezza Shopping Center
41990-42050 Grand River Ave., Novi, MI 48375
4,504 SF
$15 - $17.50 /SF/Year
750 SF
2,200 SF
Shopping Center
Strip Center
Office Building
15,000 SF
5.86 AC
-
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Last Verified 10/12/2009
Listing ID 13906333
Space 42000
2,200 SF
$17.50 /SF/Year
Strip Center
NNN
$17.50 /SF/Year$17.50 /SF/Year$1.46 /SF/Month$38,500 /Year$3,208.33 /Month
Space 42010b
750 SF
$15 /SF/Year
Strip Center
Modified Gross
$15 /SF/Year$15 /SF/Year$1.25 /SF/Month$11,250 /Year$937.50 /Month
Space 42040
1,554 SF
$17.50 /SF/Year
Strip Center
NNN
$17.50 /SF/Year$17.50 /SF/Year$1.46 /SF/Month$27,195 /Year$2,266.25 /Month
Highlights
Great Exposure
Growing Area
Description
Great Shopping Center with an excellent restaurant and banquet facility, the Mezza Restaurant, and 10,000 s.f. of very successful service oriented uses. The space available is the photography studio. Great visibility. Signage on the major pylon on Grand River. Nice frontage. Lots of window line. Rental Rate is $ 17.50 / sf on a triple net basis ( $ 5.00 / sf / yr ) for the 1554 and 2200 sf with $ 0.50 / sf / yr annual rental increases. The rental rate for the 750 sf is $ 15.00 / sf on a gross basis plus utuilities. The 1554 sf is built out ready for occupancy. Ideal for a medical use, but can be other office use or retail.
The 2200 sf is ready for you to design, with the Landlord's financial help
of buildout dollars toward part of the finish.
Novi: the fastest growing city in Oakland County. Next door to a 170 unit townhouse development.
Near the Main Street Complex of housing and retail. The entire Grand River corridor is only gonhg to improve with a new Expo Center to the west, more mixed use development in the area ( more townhouses ) and commercial activity.
Map of 41990-42050 Grand River Ave., Novi, MI 48375 (Oakland County)
Created 4/22/2004
Additional Information for 41990 Grand River Avenue, Novi, MI 48375
- Active For Sale - 0 Listing
- Active For Lease - 1 Listing
- Previously Listed - 0 Historic Listing
- Sales Comparables Available - 0 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.