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Medical Office Space

44000 W 12 Mile Rd, Novi, MI 48377

For Lease
$20 SF/Yr

Positioned near Twelve Oaks Mall and neighborhood amenities, this space suits practices seeking convenient local access.

Space SizeContact for details
Days on Market157

Property Features for 44000 W 12 Mile Rd

General Information

Standard status Active
Property subtype Office
Zoning OS-1
Listing Agency: Newmark Knight Frank Detroit
Listed By: Daniel Canvasser
Source: Cpix.resimplifi
Added: Jun 11 Changed: Oct 31 Last Checked: Nov 12 at 4:29AM

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

Rey
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Investment Insights

Based on property information with market context.

This offering is a medical office space for lease, suited for healthcare users who need a professional setting for patient services. The property’s configuration and improvements are intended to support everyday clinical operations in an office environment.

Located at 44000 W 12 Mile Rd in Novi, the property benefits from a busy residential area with nearby schools, restaurants, and lodging. It is also less than a mile from Twelve Oaks Mall, providing strong day-to-day draw from surrounding commerce and activity.

For medical tenants, the combination of an office setting and proximity to established retail, dining, and lodging can help support consistent patient access. The location near major regional shopping also makes it practical for patients coming in from the surrounding community, with straightforward access to nearby amenities for day-of-visit needs.

Key Highlights

  • Less than 1 mile from Twelve Oaks Mall
  • Located near schools, restaurants, and lodging
  • Positioned to support convenient local access for medical practices

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop HVAC Service Locksmith Carpet & Flooring 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Novi, MI

$18.6 /SF/Yr
Avg Asking Price
$16–$20 /SF/Yr
Price Range
13,840 SF
Avg Space Size

This space is priced 8% above the average of $18.6 /SF/Yr.

Average Price Trend$/SF/Yr for Medical Office Space in Novi, MI

$8.95 Jul
$15.73 Aug
$18.6 Sep
$18.6 Oct

Properties on Market for Medical Office Space in Novi

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Positioned near Twelve Oaks Mall and neighborhood amenities, this space suits practices seeking convenient local access.
Where is this medical office space located?
The property is located at 44000 W 12 Mile Rd Novi, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Less than 1 mile from Twelve Oaks Mall; Located near schools, restaurants, and lodging; Positioned to support convenient local access for medical practices
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