property record · Warehouse
40000 Grand River Avenue
Commercial property in Novi, Oakland County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-12-31 | 676,753 | 1,083,471 | 406,717 | 2.45 | evidence → |
| 2025-09-30 | 517,049 | 813,432 | 296,383 | 2.49 | evidence → |
| 2025-06-30 | 353,416 | 541,434 | 188,018 | 2.57 | evidence → |
| 2025-03-31 | 172,006 | 269,867 | 97,861 | 2.53 | evidence → |
| 2024-09-30 | 513,188 | 849,592 | 336,404 | 2.47 | evidence → |
| 2023-12-31 | 664,815 | 1,088,407 | 423,592 | 2.41 | evidence → |
| 2023-09-30 | 501,921 | 829,544 | 327,623 | 2.42 | evidence → |
| 2022-12-31 | 741,355 | 1,180,657 | 439,302 | 2.68 | evidence → |
| 2022-06-30 | 366,386 | 596,456 | 230,070 | 2.66 | evidence → |
| 2021-12-31 | 750,776 | 1,162,000 | 411,224 | 2.72 | evidence → |
| 2021-09-30 | 531,869 | 834,981 | 303,112 | 2.56 | evidence → |
| 2020-12-31 | 604,246 | 988,749 | 384,503 | 2.18 | evidence → |
| 2020-09-30 | 438,816 | 725,063 | 286,247 | 2.12 | evidence → |
| 2020-06-30 | 291,908 | 481,447 | 189,539 | 2.11 | evidence → |
| 2019-12-31 | 575,510 | 952,844 | 377,334 | 2.08 | evidence → |
| 2019-09-30 | 431,464 | 714,051 | 282,587 | 2.08 | evidence → |
| 2019-06-30 | 280,412 | 467,272 | 186,860 | 2.04 | evidence → |
| 2018-12-31 | 480,125 | 831,021 | 350,896 | 1.74 | evidence → |
| 2018-09-30 | 335,644 | 596,848 | 261,204 | 1.62 | evidence → |
| 2017-12-31 | 546,167 | 807,266 | 261,099 | 1.98 | evidence → |
| 2017-12-31 | 511,515 | 818,495 | 306,980 | 1.85 | evidence → |
| 2016-12-31 | 981,214 | 1,396,964 | 415,749 | 1.73 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001736862", "entity_ref": "0d373a94-144f-4732-ac25-13030dac783d", "originator": "SMC", "trust_ | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "37"} | evidence → |
| address | {"zip": "48375", "city": "Novi", "state": "MI", "county": "Oakland", "address": "40000 Grand River Avenue"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.81} | evidence → |
| sqft | {"basis": "most_recent", "value": 105184} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_s | evidence → |
| type | {"label": "Warehouse", "value": "WH"} | evidence → |
| valuation | {"basis": "securitization", "amount": 10020000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| valuation | {"basis": "securitization", "amount": 12500000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1988} | evidence → |