Beautifully Upgraded Novi Flex Building | 6.5% Cap Rate
$2,900,000
29770 Hudson Drive, Novi, MI 48377
21,443 sqft
Building Size
2.27 acres
Lot Area
Details:
Highlights:
- 14,000 SF of upgraded offices and 7,443 SF of clean shop and testing areas
- Fully air-conditioned with fire suppression throughout
- 20' Clear Height, Heavy 480 volt, 3-phase power
- Three (3) 12' x 13' Overhead Doors
- Concrete Storage Mezzanine
- Situated in a Park-like Setting on 2.27 Acres
- Convenient expressway access
- NOI of $188,912 | 6.5% Cap Rate
Description:
This state-of-the-art building showcases stunning upgraded finishes and abundant windows, creating a bright and inviting atmosphere. Nestled in a serene location, it offers corner exposure and is surrounded by wooded property on the north side. The custom-designed offices and multiple conference rooms provide a professional and tailored environment, while open collaborative areas foster creativity and teamwork. The technology area encompasses labs and anechoic chamber rooms, reflecting a commitment to innovation. Currently leased at a rate significantly below market value, this property presents a compelling opportunity for savvy investors seeking a high-potential, tech-focused space.
Experience the vibrant community surrounding Hesco bldg. in Novi, MI. A hub for innovation and business, Novi offers a wide range of amenities, including convenient access to major expressways, ensuring easy connectivity. The area is home to a variety of dining options, hotels, and retail centers, providing essential resources for employees and visitors. Nearby, you'll find the Suburban Collection Showplace, a premier exhibition and conference center, ideal for hosting industry events and trade shows. With its dynamic offerings and strategic location, Novi presents an enticing environment for industrial and flex space investors seeking a robust, supportive community for their ventures.
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