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43223-43235 W 12 Mile Rd
Novi, MI 48377

Hagopian Building · Retail Property For Sale

Investment Highlights

  • Street level retail space, located on an outlot to Twelve Oaks Mall.
  • Close proximity to I-96, I-275 and M-5.
  • 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

A 29,884 square foot free-standing retail building located along 12 Mile Road directly in front of 12 Oaks Mal

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,884 SF
Building Class
B
Year Built
1998
Price
$7,342,494 CAD
Price Per SF
$246 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
2.70 AC
Zoning
RC
Parking
64 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
126 ft on 12 Mile Rd

Amenities

  • Dedicated Turn Lane
  • Property Manager on Site
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-14-100-034
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,813,767 CAD
  • Listing ID: 33544533

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 43223-43235 W 12 Mile Rd, Novi, MI 48377

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