Office and Medical Suites
For Lease
Contact for pricing
42450 12 Mile Rd, Novi, MI 48377
Move-in ready office and medical suites in desirable location.
Space Size1,361 SF - 1,727 SF
Property Size25,500 SF
Days on Market294
Property Features for 42450 12 Mile Rd
General Information
Standard status
Active
Size
1,361 SF - 1,727 SF
Property subtype
Retail, Office
Lease Type
Gross
Building Details
Building Size
25,500 SF
Year Built
1988
Tenancy
Multiple
Spaces For Lease
at 42450 12 Mile Rd Contact us- Size
- 1,361 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 225
- Size
- 1,727 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 300
- Size
- 1,402 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 310
Listing Agency:
Forward Commercial Group
(248) 792-8190
Listed By:
Emil Cherkasov · License #6502392741
Source:
Crexi
Added: Nov 1, 2025
Changed: Aug 12
Last Checked: Aug 20 at 12:14PM
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 Forward Commercial Group
Investment Insights
Based on property information with market context.
This 25,500 square foot building is under new ownership and management, with common area upgrades planned. It offers move-in ready office and medical suites. The property is in a highly desirable location across from Twelve Oaks Mall and provides ample parking. Signage rights are available. The location provides convenient access to freeways I-96, M5, I-696, and I-275.
Key Highlights
- Highly desirable location across from Twelve Oaks Mall.
- Move‑in ready office and medical suites.
- Under new ownership and management with common area upgrades coming soon.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.38 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$10.22 /SF/Yr
Avg Asking Price
$1.22–$20 /SF/Yr
Price Range
11,675 SF
Avg Space Size
This space is priced 120% above the average of $10.22 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready office and medical suites in desirable location.
Where is this medical office space located?
The property is located at 42450 12 Mile Rd Novi, MI.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Highly desirable location across from Twelve Oaks Mall.; Move‑in ready office and medical suites.; Under new ownership and management with common area upgrades coming soon.
