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Remodeled Office Suite with Signage
For Lease
$14 SF/Yr

39500 W Ten Mile Rd, Novi, MI 48375

Newly remodeled office suite available with monument signage and covered entrance at 39500 W Ten Mile Rd.

Space SizeContact for details
Property Size23,627 SF
Days on Market2430

Property Features for 39500 W Ten Mile Rd

General Information

Standard status Active
Size 23,627 SF
Class B
Total Parking Spaces 124
Property subtype Office
Zoning OS-1

Building Details

Building Size 23,627 SF
Year Built 1979
Year Renovated 2007
Buildings 1
Stories 1
Listing Agency: NAI Farbman
Listed By: Jeff Cavazos · License #6502123213
Source: Cpix.resimplifi
Added: Feb 26, 2020 Changed: Oct 4 Last Checked: Oct 20 at 5:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman

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Investment Insights

Based on property information with market context.

A newly remodeled office suite is available for lease within a building that offers monument signage and a covered entrance. One suite is currently available, totaling 678 SF.

The property is located at 39500 W Ten Mile Rd in Novi, and offers good accessibility and visibility off W Ten Mile Road. The building is near two major health systems, Beaumont Health and Ascension.

The space is offered as a dedicated suite, providing a straightforward option for office tenants seeking an updated setting with building signage and covered entry.

Key Highlights

  • Newly remodeled office suite available for lease (678 SF)
  • Monument signage available
  • Covered entrance

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Pharmacy Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

Demographics for 48375, MI

23,237
Population
10,223
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$112,978
Median Household Income
$70,326
Median Earnings
$1,880
Median Rent
$348,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Novi, MI

$15.82 /SF/Yr
Avg Asking Price
$9.95–$21 /SF/Yr
Price Range
17,546 SF
Avg Space Size

This space is priced 12% below the average of $15.82 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Newly remodeled office suite available with monument signage and covered entrance at 39500 W Ten Mile Rd.
Where is this office unit located?
The property is located at 39500 W Ten Mile Rd Novi, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Newly remodeled office suite available for lease (678 SF); Monument signage available; Covered entrance
More about this property
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