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Single Story Office/Medical Building
For Lease
$16 SF/Yr

24245 Karim Boulevard, Novi, MI 48375

18,370 SF office/medical building located near Haggerty Road.

Space Size8,440 SF
Property Size18,370 SF
Days on Market151

Property Features for 24245 Karim Boulevard

General Information

Standard status Active
Size 8,440 SF
Class C
Property subtype Office
Lease Term NNN

Building Details

Building Size 18,370 SF
Year Built 1988

Spaces For Lease

at 24245 Karim Boulevard Contact us

24245 $16/SF/Yr

Size
8,440 SF
Term
Negotiable
Contact us
Listing Agency: Thomas A. Duke Company
Listed By: Mark Szerlag · License #6502342846
Source: Thomasduke
Added: Mar 26 Changed: Aug 23 Last Checked: Aug 21 at 10:55PM

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 Thomas A. Duke Company

Investment Insights

Based on property information with market context.

This is an 18,370 square foot single-story building suitable for office or medical use. The property is located north of 10 Mile Road and just west of Haggerty Road.

Key Highlights

  • 18,370 SF Single Story Building ideal for your business.
  • Suitable for Office/Medical Use.
  • Located North of 10 Mile Road.

Property Analytics

Current Use

Ellen Ozolins MD Physician Gregory E. Lakin, ... Physician Illuum Cosmetic Surgery Spa & Massage Center GEMS Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby
Balanced
Demand for This Use

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

$10.22 /SF/Yr
Avg Asking Price
$1.22–$20 /SF/Yr
Price Range
11,675 SF
Avg Space Size

This space is priced 57% above the average of $10.22 /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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Similar Off Market Nearby

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  • VetCheck Pet Urgent Care Center - Farmington Hills 38487 W 10 Mile Rd, Farmington Hills, MI 48335
  • AEC Novi, MI 48375

Frequently Asked Questions

What type of property is this?
Medical Office Space - 18,370 SF office/medical building located near Haggerty Road.
Where is this medical office space located?
The property is located at 24245 Karim Boulevard Novi, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 18,370 SF Single Story Building ideal for your business.; Suitable for Office/Medical Use.; Located North of 10 Mile Road.
More about this property
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