39525 14 Mile Rd
Novi, MI 48377

The Jonna Group of Marcus & Millichap is pleased to present the Medical Arts medical office building located in affluent Novi, Michigan. Novi is one of the fastest growing cities in the state. This high-image medical office is comprised of 23,267-square feet on over 3 acres and built in 2001. The property is 100% occupied and is anchored by Henry Ford Health System (S&P A), a comprehensive health care organization with over $3.7 billion in revenue. Notably, all tenants are all operating on NNN leases. The medical office is located within the busy and dense retail corridor, amongst significant residential communities with over 69,000 households in a five-mile radius and over 168,000 people in a five-mile radius. The subject property is strategically located on the busy intersection of 14 Mile and Haggerty Road, with combined daily traffic counts of over 40,507 vehicles traveling per day. Medical Arts is strategically positioned and benefits from being within walking distance to Kroger Pharmacy, CVS Pharmacy and Walgreens. The site is adjacent to Newberry Square, a 123,023 Kroger-anchored center that includes Panera Bread, Subway, Orangetheory Fitness and more. Medical Arts is minutes away from Henry Ford Hospital – West Bloomfield, a 191 private bed hospital that services the surrounding cities. The subject property is located in Novi, Michigan, approximately 25 miles northwest of the center of Detroit, and about 8 miles west of the western border of Detroit. It is about 25 miles northeast of the center of Ann Arbor. Novi is located in Oakland County, one of the wealthiest counties in the country. The rapid growth has led to substantial increases in the Novi’s population, as well as commercial and industrial developments in the city to include new senior housing and assisted living developments. Novi was ranked #48 on Money magazine's list of the Top 100 Best Places to Live in 2008. Novi's economy includes international corporations with local and regional offices as well as owner-operated businesses serving the local area. With over 3,000 businesses, Novi’s 31 square miles are packed with potential. Many car dealerships are located along Haggerty Road and Grand River Avenue. The city’s industrial and office parks are home to companies in high-tech research and development, health care, logistics, manufacturing, and domestic and foreign automotive-related suppliers. Energy-related companies are the fastest growing sectors in the city.