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    41200 Bridge St Novi, MI 48375

    Sponsored
    For Lease
    $15 SF/Yr

    Modern Novi Office/Flex/Warehouse Space Available

    Lot size:
    20,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 20,500-square-foot building, located at 41200-41218 Bridge St, Novi, MI 48375 (cross street: 11 Mile Rd), offers flexible office, flex, and warehouse space for lease. Built in 1998, the property is zoned I-1 and situated in Oakland County's Central I-96 Corridor. The building features a 16-foot ceiling height, ideal for various uses. Multiple tenants are currently accommodated, with a minimum divisible space of 1,690 square feet and a maximum contiguous space of 3,386 square feet. Currently, 8,451 square feet of space is available for lease. The property includes one loading dock, making it suitable for businesses requiring efficient loading and unloading. This versatile space is perfect for companies seeking a combination of office and warehouse functionality in a prime Novi location. The property's convenient location within the Central I-96 Corridor provides easy access to major transportation routes and amenities. Inquire today to learn more about leasing opportunities within this well-maintained and strategically located building.

    Property Features for 41200 Bridge St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,500 SF
    Total Rate
    26769.58

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 41206
    Size
    3,375 SF
    Rate per SF
    $15
    Space
    Unit 41200
    Size
    3,386 SF
    Rate per SF
    $15
    Space
    Unit 42104
    Size
    1,690 SF
    Rate per SF
    $15

    HighLights

    • Up to 8,451 square feet of space available.
    • 16‑foot clear ceiling height.
    • One 10' x 12' grade‑level loading door per unit.
    • Located in a park‑like setting.
    • Situated in Novi Corporate Center, a central location within Novi's technology hub.
    • Excellent freeway access via I‑96, M‑5, I‑275, and I‑696.
    Property Profile Location Intelligence

    Current Use by Public Records

    Homestead Property Management Property Management Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4536844
    Latitude
    42.4719897

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    FAQs

    What type of property is this?
    Distribution property - Modern Novi Office/Flex/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 41200 Bridge St Novi, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Up to 8,451 square feet of space available.; 16-foot clear ceiling height.; One 10' x 12' grade-level loading door per unit.
    Request Owner's contact information
    41200 Bridge St Novi, MI 48375
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41200 Bridge St Novi, MI 48375
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