Novi, MI Flex Space for Lease
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Flex space for Lease in Nearby Cities
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Novi, MI Flex space Lease Rates & Market Statistics
Browse 12 Flex space listings for lease in Novi, MI on Realmo, a commercial real estate marketplace serving the Novi area. The current inventory totals 217,763 square feet of properties — an average of ~18,150 SF per listing.
Asking lease rates for Flex space in Novi start at $10 SF/Yr, average $12.70 SF/Yr, and reach $15.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12.70 SF/Yr, the local average runs 12% above Michigan's state average of $11.30 SF/Yr.
Novi accounts for 9% of the 131 flex space listings currently available across Oakland County, where nearby markets include Troy and Farmington Hills. Flex space listings make up 71% of the 17 Industrial properties currently for lease in Novi, with asking rates in line with the citywide Industrial properties average.
