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Hagopian Building 43223-43235 W 12 Mile Rd 29,884 SF 37% Leased Retail Building Novi, MI 48377 $4,995,000 ($167.15/SF)



INVESTMENT HIGHLIGHTS
- Street level retail space, located on an outlot to Twelve Oaks Mall.
- Close proximity to I-96, I-275 and M-5.
- Ability to expand parking by utilizing excess land included in the side of the building.
- Free-standing building with exquisite interior and architectural design.
- Flexible Seller with the ability to move into the upper level retail space and leaseback to a new Owner
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- -
- 29,884 SF
- -
- -
Our founder, Haroutun (Harry) Hagopian was born in 1895 in Bursa, Turkey during a very difficult period in history. The minority Armenian population in Turkey (at the time known as the Ottoman Empire) was pushing for equal rights and coming under attack. The Ottoman Empire, already crumbling, started what would become the first genocide of the 20th century killing 1.5 million Armenians. Haroutun was one of the survivors along with his wife, Cariana, but she lost her entire family. As an adult, Harry moved to Istanbul to become a pharmacist and soon after was conscripted by the Turkish Army to serve in the medical corps during World War I. Since all Armenians in the military were scheduled for execution after the war, Hagopian went AWOL and escaped to America in 1921.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
- | 29,884 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 18,900 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 18,900 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 18,900 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-14-100-034 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,285,840 |
PROPERTY TAXES
Presented by
Hagopian Building | 43223-43235 W 12 Mile Rd
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