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Lake Point Plaza 40320-40420 Five Mile Rd
1,200 - 2,400 SF of Retail Space Available in Northville, MI 48168
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 40390 | 1,200 SF | 10’ | Negotiable | $23.91 CAD/SF/YR $1.99 CAD/SF/MO $257.35 CAD/m²/YR $21.45 CAD/m²/MO $2,391 CAD/MO $28,691 CAD/YR | Triple Net (NNN) | |
| 1st Floor, Ste 40410 | 1,200 SF | 10’ | Negotiable | $23.91 CAD/SF/YR $1.99 CAD/SF/MO $257.35 CAD/m²/YR $21.45 CAD/m²/MO $2,391 CAD/MO $28,691 CAD/YR | Triple Net (NNN) |
40320 Five Mile Rd - 1st Floor - Ste 40390
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Finished Ceilings: 10’
40320-40420 5 Mile Rd - 1st Floor - Ste 40410
Currently Pet Spa Grooming is the current Tenant, moving to a larger facility, This can be the same business with lots of goodwill, call me to discuss your future business.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Finished Ceilings: 10’
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.
PROPERTY FACTS FOR 40320-40420 Five Mile Rd , Northville, MI 48168
| Center Type | Strip Center | Frontage | 359’ on 5 Mile Rd |
| Parking | 164 Spaces | Gross Leasable Area | 19,547 SF |
| Stores | 1 | Total Land Area | 1.95 AC |
| Center Properties | 2 | Year Built | 1987 |
| Center Type | Strip Center |
| Parking | 164 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Frontage | 359’ on 5 Mile Rd |
| Gross Leasable Area | 19,547 SF |
| Total Land Area | 1.95 AC |
| Year Built | 1987 |
About the Property
Prime retail area on Five Mile Rd Plymouth Township, Landlord is flexible, different units sizes from 1200 sq. ft. to 2800 sq. ft. open space. 75 cars parking. next door to school and high profile apartments. Great location, few minutes from Novi, Northville, Livonia and Plymouth Township.
- Pylon Sign
- Signage
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Joseph Manuel -
Weichert Realtors Select
Presented by
Lake Point Plaza | 40320-40420 Five Mile Rd
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