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City Center Plaza 43675 Grand River Ave 816 - 5,884 SF of 4-Star Retail Space Available in Novi, MI 48375
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 816-5,884 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
City Center Plaza offers a premier retail leasing opportunity in Novi, Michigan, positioned at the highly trafficked intersection of Grand River Avenue and Novi Road. This new construction development is strategically located within a dominant retail corridor serving the affluent communities of Novi and Northville. The site benefits from exceptional visibility and accessibility, with traffic counts exceeding 50,000 vehicles per day at the intersection and convenient access via Bond Street, which helps alleviate congestion. The property is surrounded by top national retailers, including Walmart, T.J. Maxx, Burlington, and the nearby Twelve Oaks Mall, ensuring consistent consumer traffic. City Center Plaza is pre-approved for drive-thru use, making it an ideal choice for quick-service restaurants and fast-casual dining concepts. With strong demographics, including high household incomes and a robust daytime population, this location provides an outstanding opportunity for retailers seeking to establish a presence in one of Metro Detroit’s most active commercial hubs.
- New construction retail center
- Surrounded by major national retailers
- Excellent visibility
- Convenient access via Bond Street
- Pre-approved for drive-thru use
- Positioned within an affluent trade area
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.
Site Plan
Property Facts
| Total Space Available | 5,884 SF | Gross Leasable Area | 5,884 SF |
| Min. Divisible | 816 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 5,884 SF |
| Min. Divisible | 816 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,884 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
Nearby Major Retailers
Contacts
-
Katie Fisch -
Jake Lievois -
Cynthia Kratchman -
Mid-America Real Estate - Michigan, Inc.
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City Center Plaza | 43675 Grand River Ave
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