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Grand Market Square 38425-38441 Grand River Ave 1,716 - 3,456 SF of Retail Space Available in Farmington Hills, MI 48335
HIGHLIGHTS
- Monument Sign
- Great visibility
- Easy Parking and Access
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 38425 | 1,740 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $31,320 /YR $2,610 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 38439 | 1,716 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $30,888 /YR $2,574 /MO | Triple Net (NNN) |
1st Floor, Ste 38425
Two adjoining retail suites of 1,700 SF can be leased individually or combined for 3,400 SF. Former dog training center has approvals and equipment for grooming and boarding
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 3,456 SF of adjacent space
1st Floor, Ste 38439
Two adjoining retail suites of 1,700 SF can be leased individually or combined for 3,400 SF. Former dog training center has approvals and equipment for grooming and boarding
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 3,456 SF of adjacent space
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.
SELECT TENANTS AT GRAND MARKET SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Golden Touch Salon & Spa
- -
- 1
- -
- Great Lakes Coney Island
- Restaurant
- 1
- -
- Katelyn Cook
- -
- 1
- -
- Subway
- Sub Sandwich
- 28,935
- International
- Taj Cottage Indian Bridal Boutique
- -
- 1
- -
- Triumph Training Center
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Golden Touch Salon & Spa | - | 1 | - |
| Great Lakes Coney Island | Restaurant | 1 | - |
| Katelyn Cook | - | 1 | - |
| Subway | Sub Sandwich | 28,935 | International |
| Taj Cottage Indian Bridal Boutique | - | 1 | - |
| Triumph Training Center | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,456 SF | Total Land Area | 1.22 AC |
| Property Type | Retail | Year Built/Renovated | 1978/2020 |
| Gross Leasable Area | 11,270 SF | Parking Ratio | 5.15/1,000 SF |
| Total Space Available | 3,456 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,270 SF |
| Total Land Area | 1.22 AC |
| Year Built/Renovated | 1978/2020 |
| Parking Ratio | 5.15/1,000 SF |
ABOUT THE PROPERTY
Retail & Commercial node serving Novi & Farmington; Quick access to I-275 & I696 makes this an ideal retail/service location
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Grand Market Square | 38425-38441 Grand River Ave
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