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Warehouse Space With Overhead Doors
For Lease
$7.95 SF/Yr

43043-43045 Nine Mile Rd, Novi, MI 48375

Front warehouse space offers a white-box condition, substantial parking, and flexible finish options for lease.

Space SizeContact for details
Property Size135,000 SF
Days on Market1353

Property Features for 43043-43045 Nine Mile Rd

General Information

Standard status Active
Size 135,000 SF
Total Parking Spaces 383
Property subtype Industrial
Zoning Lt. Industrial

Space & Availability

Space Use Warehouse
Furnished No

Building Details

Building Size 135,000 SF
Year Built 1968
Buildings 1
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Jeffrey Lemanski
Source: Cpix.resimplifi
Added: Dec 22, 2022 Changed: Aug 30 Last Checked: Aug 30 at 3:20AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

The front portion of this 135,000-square-foot warehouse property is available for lease. The space is currently in white-box condition, allowing build-out to suit the occupant’s requirements. Existing loading access includes one overhead door on the west side and two on the east side. Approval is being pursued for two additional truck wells.

The property is zoned Lt. Industrial and was built in 1968. Heavy parking is available on site, supporting warehouse operations and employee or visitor parking needs. Short-term warehousing leases will be considered.

Key Highlights

  • Front portion of a 135,000‑square‑foot warehouse property available for lease
  • One west‑side and two east‑side overhead doors currently serve the space
  • Two truck wells are under consideration for approval

Property Analytics

Current Use

Distribution centers

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
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby
Under-served
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

$11.49 /SF/Yr
Avg Asking Price
$7.95–$13 /SF/Yr
Price Range
40,845 SF
Avg Space Size

This space is priced 31% below the average of $11.49 /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
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Frequently Asked Questions

What type of property is this?
Warehouse - Front warehouse space offers a white-box condition, substantial parking, and flexible finish options for lease.
Where is this warehouse located?
The property is located at 43043-43045 Nine Mile Rd Novi, MI.
What is the lease rate?
The lease rate is $7.95 SF/Yr.
What are key features of this property?
This property features: Front portion of a 135,000‑square‑foot warehouse property available for lease; One west‑side and two east‑side overhead doors currently serve the space; Two truck wells are under consideration for approval
More about this property
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