Novi, MI Industrial Properties for Lease
- Wixom, MI
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Similar Spaces for Sale in Novi, MI
Novi, MI Industrial properties Lease Rates & Market Statistics
Browse 18 Industrial properties for lease in Novi, MI on Realmo, a commercial real estate marketplace serving the Novi area. The current inventory totals 358,763 square feet of properties — an average of ~19,950 SF per listing.
Asking lease rates for Industrial properties in Novi start at $7.95 SF/Yr, average $12.18 SF/Yr, and reach $16 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12.18 SF/Yr, the local average runs 12% above Michigan's state average of $10.90 SF/Yr.
Novi accounts for 8% of the 229 industrial properties currently available across Oakland County, where nearby markets include Troy and Farmington Hills.