43600 Gen-Mar Dr
Novi, MI 48375

Cushman & Wakefield is pleased to offer the opportunity to acquire 43600 GenMar Drive (the “Property”), an approx. ± 73,848 SF (including ± 2,750 SF of office) distribution facility located in Novi, Michigan, owned by CVS Michigan, L.L.C. (“CVS”) since 2010. The building will provide occupiers with an occupancy ready facility and investors with a unique and highly compelling re-leasing opportunity in a market with perpetually low vacancy (currently 4.1%) and a near non-existent new supply pipeline.
Located less than 1 mile from I-96 at Novi Rd, the Property is situated in a densely developed infill area proximate to Metro Detroit’s deep labor base as well as minutes from M-5, I-275, I-696 and I-96 providing excellent access throughout the Detroit MSA. The Property features industrial design amenities that will be immediately appealing to future tenants, including 17 truck docks, a secured truck court, ESFR fire suppression, 24’ clear heights, LED lighting with motion sensors, and surplus land for future expansion. Further, within one mile of the building there are numerous local amenities including dining, entertainment, hotels, shopping (Twelve Oaks Mall) and convention space (Suburban Collection Showcase).
Seller will reserve an area of the property approximately delineated in yellow for its continuing use.