Medical and Office
For Lease
Contact for pricing
42450 West 12 Mile Road, Novi, MI 48377
Available medical and office suites offer immediate occupancy in an upscale building with strong visibility on 12 Mile Road.
Space SizeContact for details
Property Size25,500 SF
Days on Market1375
Property Features for 42450 West 12 Mile Road
General Information
Standard status
Active
Size
25,500 SF
Class
B
Property subtype
Office
Zoning
OS-1
Additional Details
Highway Access
Yes
Building Details
Building Size
25,500 SF
Year Built
1987
Buildings
1
Stories
3
Listing Agency:
NAI Farbman
Listed By:
Brad Margolis · License #6501371948
(248) 351-4367
Source:
Cpix.resimplifi
Added: Nov 29, 2022
Changed: Aug 23
Last Checked: Sep 4 at 2:07AM
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
Investment Insights
Based on property information with market context.
Medical and office suites are available for immediate occupancy within an upscale building. Suite sizes range from 1,361 to 6,762 square feet, providing flexible space for office and medical uses.
The property is located on West 12 Mile Road in Novi, Michigan, offering excellent visibility. It is positioned near Twelve Oaks Mall, an upscale neighborhood, and senior living, with access to the I-96 and M-5 expressways.
On-site parking is available, and the surrounding area offers numerous amenities to support day-to-day operations for office and medical tenants.
The property is located on West 12 Mile Road in Novi, Michigan, offering excellent visibility. It is positioned near Twelve Oaks Mall, an upscale neighborhood, and senior living, with access to the I-96 and M-5 expressways.
On-site parking is available, and the surrounding area offers numerous amenities to support day-to-day operations for office and medical tenants.
Key Highlights
- Medical and office suites available in Novi, MI in a building built in 1987
- Suite size range: 1,361 to 6,762 SF available
- Excellent visibility on 12 Mile Road
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48377, MI
19,691
Population
9,961
Households
2
Avg Household Size
39
Median Age
52%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
2,051
Density / Sq Mi
$83,368
Median Household Income
$54,373
Median Earnings
$1,439
Median Rent
$332,000
Median Home Value
Market
Lease Benchmarks for Novi, MI
$15.73 /SF/Yr
Avg Asking Price
$1.36–$20 /SF/Yr
Price Range
11,780 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Available medical and office suites offer immediate occupancy in an upscale building with strong visibility on 12 Mile Road.
Where is this medical office space located?
The property is located at 42450 West 12 Mile Road Novi, MI.
What are key features of this property?
This property features: Medical and office suites available in Novi, MI in a building built in 1987; Suite size range: 1,361 to 6,762 SF available; Excellent visibility on 12 Mile Road
