Listing Agency: CBRE | Detroit j***@cbre.com Show Phone

Listed By: Jasper Hanifi · License #6502401928 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 19 Last Checked: Aug 20 at 12:32PM

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Investment Insights

Based on property information with market context.

This property offers 3,850 square feet of office space for rent. Located in Novi, Michigan, the property is suitable for office use.

Key Highlights

• Office space available for lease
• Located in Novi, Michigan

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Bakery Nail Salon Grocery & Convenience Store

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

$2.48 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

480

Businesses Nearby

Explore this area Business Placement

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

$9.97 /SF/Yr

Avg Asking Price

$1.22–$17 /SF/Yr

Price Range

17,692 SF

Avg Space Size

This space is priced 65% above the average of $9.97 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for lease in Novi, Michigan.

Where is this office units located?

The property is located at 24900 Joseph Drive Novi, MI.

What is the lease rate?

The lease rate is $16.50 SF/Yr.

What are key features of this property?

This property features: Office space available for lease; Located in Novi, Michigan