27600 Novi Rd | Novi, MI 48377
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27600 Novi Rd
Novi, MI 48377
Dick’s House of Sport, Primark, & Round1 · Retail Property For Sale
Investment Highlights
- STRONG CREDIT RENT ROLL | OUTSTANDING TENANT LINEUP | NEW-TO-MARKET RETAILERS | 1st or 2nd LOCATIONS IN MICHIGAN
- Dick’s House of Sport: 37% of in-place gross income stream | 15-year lease | $0.50 PSF rent escalations every 5 years
- Primark: 35% of in-place gross income stream | 10-year lease with 2% annual rent escalations | corporate guaranty
- UNRIVALED LOCATION AT HIGHLY VISITED 1.5M SF SUPER-REGIONAL MALL | HEART OF REGIONAL TRADE AREA
- Round1 Entertainment: 28% of in-place gross income stream | 15-year lease with 10% rent escalations every 5 years
Property Facts
Property Type
Retail
Building Size
212,500 SF
Building Class
B
Year Built/Renovated
1977/2026
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
17.84 AC
Zoning
R-C
Property Taxes
| Parcel Number | 22-14-100-042 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,190,790 |
Property Taxes
Parcel Number
22-14-100-042
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,190,790
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