Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 14,000 SF of upgraded offices and 7,443 SF of clean shop and testing areas
  • 20' Clear Height, Heavy 480 volt, 3-phase power, three (3) 12' x 13' Overhead Doors
  • Situated in a Park-like Setting on 2.27 Acres with convenient freeway access
  • Fully air-conditioned with fire suppression throughout
  • Concrete Storage Mezzanine
  • NOI of $188,912 | 6.5% Cap Rate

Executive Summary

This state-of-the-art building showcases stunning upgraded finishes and abundant windows, creating a bright and inviting atmosphere. Nestled in a serene location, it offers corner exposure and is surrounded by wooded property on the north side. The custom-designed offices and multiple conference rooms provide a professional and tailored environment, while open collaborative areas foster creativity and teamwork. The technology area encompasses labs and anechoic chamber rooms, reflecting a commitment to innovation. Currently leased at a rate significantly below market value, this property presents a compelling opportunity for savvy investors seeking a high-potential, tech-focused space.
Experience the vibrant community surrounding Hesco Bldg. in Novi, MI. A hub for innovation and business, Novi offers a wide range of amenities, including convenient access to major expressways, ensuring easy connectivity. The area is home to a variety of dining options, hotels, and retail centers, providing essential resources for employees and visitors. Nearby, you'll find the Suburban Collection Showplace, a premier exhibition and conference center, ideal for hosting industry events and trade shows. With its dynamic offerings and strategic location, Novi presents an enticing environment for industrial and flex space investors seeking a robust, supportive community for their ventures.

Property Facts

Price $2,900,000
Price Per SF $135.24
Sale Type Investment
Cap Rate 6.50%
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Showroom
  • Showroom
Building Class B
Lot Size 2.27 AC
Rentable Building Area 21,443 SF
No. Stories 1
Year Built 2004
Tenancy Single
Parking Ratio 10/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 4
Cross Streets Peary Ct
Zoning I1, Novi

Amenities

  • Bio-Tech/ Lab Space
  • Conferencing Facility
  • Mezzanine
  • Reception
  • Storage Space
  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • HESCO Sustainable Energy, LLC
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
HESCO Sustainable Energy, LLC Professional, Scientific, and Technical Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
22-04-378-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,111,960
  • Listing ID: 40393517

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 29770 Hudson Dr, Novi, MI 48377

Contact the Sale Advisor

Hesco Building | 29770 Hudson Dr

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}