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Direct-Entry Office Suite
For Lease
$17 SF/Yr

23995 Novi Road, Novi, MI 48375

A 3,560 RSF direct entry suite suited for general office or medical uses.

Space Size3,560 SF
Property Size4,794 SF
Days on Market124

Property Features for 23995 Novi Road

General Information

Standard status Active
Size 3,560 SF
Class C
Property subtype Office
Lease Term NNN

Building Details

Building Size 4,794 SF

Spaces For Lease

at 23995 Novi Road Contact us

Suite C-101 $17/SF/Yr

Size
3,560 SF
Term
Negotiable
Contact us
Listed By: Preston Rabban · License #MI #6501391831
Source: Kjcre
Added: May 7 Changed: Aug 23 Last Checked: Sep 7 at 4:57AM

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 Preston Rabban

Investment Insights

Based on property information with market context.

Available for lease is a 3,560 RSF office suite with direct entry. The space was previously used as a therapy/primary care physician office, and it is permitted for general office or medical uses.

The suite is located on the west side of Novi Road, just south of 10 Mile Road, and is near a variety of retailers and restaurants.

The listing also notes a new parking lot coming soon, which should support convenient on-site parking for occupants and visitors.

Key Highlights

  • 3,560 RSF direct entry suite
  • Previously used as a therapy/primary care physician office
  • General office or medical uses permitted

Property Analytics

Current Use

cambridge insurance services ... Insurance Agency Edward Jones - Financial ... Financial Advisor Sherman Health Systems, ... Physician Edward Jones - Financial ... Financial Advisor Interactive Light Therapy Alternative Medicine Practice

Suggested Use

Top Pick Restaurant Auto Parts Store Real Estate Agency Law Firm Nail Salon Hotel & Motel

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

494
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

Market

Lease Benchmarks for Novi, MI

$13.91 /SF/Yr
Avg Asking Price
$1.36–$21 /SF/Yr
Price Range
19,491 SF
Avg Space Size

This space is priced 22% above the average of $13.91 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - A 3,560 RSF direct entry suite suited for general office or medical uses.
Where is this office units located?
The property is located at 23995 Novi Road Novi, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 3,560 RSF direct entry suite; Previously used as a therapy/primary care physician office; General office or medical uses permitted
More about this property
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