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Novi Flex Space Available
For Lease
$15.50 SF/Yr

28850 Cabot Drive, Novi, MI 48377

3,260 RSF flex space with high ceilings and parking.

Space Size3,500 SF
Days on Market110

Property Features for 28850 Cabot Drive

General Information

Standard status Active
Size 3,500 SF
Property subtype Industrial
Lease Term NNN

Spaces For Lease

at 28850 Cabot Drive Contact us

900 $15.50/SF/Yr

Size
3,500 SF
Term
Negotiable
Contact us
Listing Agency: Newmark Knight Frank Detroit
Listed By: Daniel Canvasser
Source: Nmrk
Added: May 18 Changed: Sep 4 Last Checked: Sep 4 at 3:28AM

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 Newmark Knight Frank Detroit

Investment Insights

Based on property information with market context.

This flex space, identified as Suite 900, offers 3,260 rentable square feet. The space features a 15-foot ceiling height. Zoning regulations permit a variety of uses, including office, research and development, and light industrial activities. The property provides direct access to the parking lot and features high parking ratios.

Key Highlights

  • Direct parking lot access with high parking ratios.
  • 3,260 RSF of space.
  • Zoning permits most office, R&D and light industrial uses.

Property Analytics

Current Use

Preh Automotive Electronics & Wireless Store Preh, Inc. Corporate Office FedEx Drop Box Postal Service Polaris Department Store

Suggested Use

Top Pick Restaurant Dental Office Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale 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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby
Well-served
Demand for This Use

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

$12.88 /SF/Yr
Avg Asking Price
$12–$13.5 /SF/Yr
Price Range
19,109 SF
Avg Space Size

This space is priced 20% above the average of $12.88 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - 3,260 RSF flex space with high ceilings and parking.
Where is this flex space located?
The property is located at 28850 Cabot Drive Novi, MI.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Direct parking lot access with high parking ratios.; 3,260 RSF of space.; Zoning permits most office, R&D and light industrial uses.
More about this property
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