Office Units with Road
For Lease
$12 SF/Yr
25802 Novi Rd, Novi, MI 48375
Office space fronts Novi Road with immediate I-96 access.
Space SizeContact for details
Property Size5,035 SF
Days on Market722
Property Features for 25802 Novi Rd
General Information
Standard status
Active
Size
5,035 SF
Class
B
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
5,035 SF
Buildings
1
Stories
1
Listing Agency:
Thomas A. Duke Company
Listed By:
Mark W. Szerlag · License #6502342846
(248) 476-3700
Source:
Cpix.resimplifi
Added: Oct 28, 2024
Changed: Oct 10
Last Checked: Oct 19 at 3:27AM
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
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Investment Insights
Based on property information with market context.
This office-unit property provides 5,035 square feet of commercial space along Novi Road. The building is positioned on the east side of the road, south of Grand River Avenue, with frontage directly on Novi Road.
The property is situated within Novi’s business district and offers immediate access to I-96. Its road exposure and regional highway connectivity support a range of office-oriented commercial uses.
The property is situated within Novi’s business district and offers immediate access to I-96. Its road exposure and regional highway connectivity support a range of office-oriented commercial uses.
Key Highlights
- 5,035 square feet of office space
- Frontage along Novi Road
- East side of Novi Road, south of Grand River Avenue
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
877
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
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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 24% below the average of $15.82 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office space fronts Novi Road with immediate I-96 access.
Where is this office unit located?
The property is located at 25802 Novi Rd Novi, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,035 square feet of office space; Frontage along Novi Road; East side of Novi Road, south of Grand River Avenue
