Warehouse with Office Space and Heavy
For Lease
Contact for pricing
46480 Magellan Dr, Novi, MI 48377
Sprinklered warehouse with 24' clear height, truck docks, heavy power, and a dedicated air-conditioned office area.
Space Size48,010 SF
Days on Market192
Property Features for 46480 Magellan Dr
General Information
Standard status
Active
Size
48,010 SF
Property subtype
INDUSTRIAL
Lease Type
NNN
Spaces For Lease
at 46480 Magellan Dr
46480 Magellan Dr
$9.25/SF/Yr
Floor
Bldg
Size
48,010 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
48,010 SF on 5.2 Acres
2,747 SF of Office Space
Extra land for expansion of the building or parking
24' Clear Ceiling Height
(4) Truck Docks: 3 Exterior, 1 Interior
(2) 12'x 14' doors
54' Bays
Heavy Power-Buss Duct
Sprinklered
Fully Air Conditioned
Zoned I-2
Contact us
Listing Agency:
NAI Farbman - Corporate
(248) 353-0500
Listed By:
Doug Fura
(248) 351-4397
Source:
Moodyscre
Added: Mar 28
Changed: Oct 2
Last Checked: Oct 4 at 12:46PM
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 NAI Farbman - Corporate
Investment Insights
Based on property information with market context.
This warehouse facility includes 48,010 SF of industrial space on 5.2 acres, plus 2,747 SF of office space. The building offers 24' clear ceiling height, heavy power with buss duct, and is sprinklered. For loading and operations, there are four truck docks with three exterior docks and one interior dock, along with two 12' x 14' doors and 54' bays.
Additional land is available for expansion of the building or parking. The warehouse is fully air conditioned and features heavy power-buss duct and dock-ready infrastructure to support active distribution or light manufacturing workflows.
Zoned I-2, the property combines functional logistics improvements with an office area suitable for on-site supervision and administrative needs.
Additional land is available for expansion of the building or parking. The warehouse is fully air conditioned and features heavy power-buss duct and dock-ready infrastructure to support active distribution or light manufacturing workflows.
Zoned I-2, the property combines functional logistics improvements with an office area suitable for on-site supervision and administrative needs.
Key Highlights
- 48,010 SF warehouse on 5.2 acres with 2,747 SF office space
- 24' clear ceiling height and fully air conditioned interior
- Four truck docks: three exterior and one interior
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.39 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Novi, MI
$11.19 /SF/Yr
Avg Asking Price
$7.95–$13 /SF/Yr
Price Range
44,488 SF
Avg Space Size
This space is priced 17% below the average of $11.19 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Lineage — 46500 Humboldt Dr, Novi, MI 48377
- 1-800-Self-Storage.com of Wixom — 47020 West Rd, Novi, MI 48377
Frequently Asked Questions
What type of property is this?
Warehouse - Sprinklered warehouse with 24' clear height, truck docks, heavy power, and a dedicated air-conditioned office area.
Where is this warehouse located?
The property is located at 46480 Magellan Dr Novi, MI.
What is the lease rate?
The lease rate is $9.25 SF/Yr.
What are key features of this property?
This property features: 48,010 SF warehouse on 5.2 acres with 2,747 SF office space; 24' clear ceiling height and fully air conditioned interior; Four truck docks: three exterior and one interior
