Novi, MI Manufacturing Properties for Lease
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Manufacturing properties for Lease in Nearby Cities
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Novi, MI Manufacturing properties Lease Rates & Market Statistics
Browse 2 Manufacturing properties for lease in Novi, MI on Realmo, a commercial real estate marketplace serving the Novi area. The current inventory totals 6,000 square feet of properties.
Asking lease rates for Manufacturing properties in Novi start at $10 SF/Yr, average $10 SF/Yr, and reach $10 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $10 SF/Yr, the local average runs 6% above Michigan's state average of $9.44 SF/Yr.
Novi accounts for 6% of the 31 manufacturing properties currently available across Oakland County, where nearby markets include Madison Heights and Troy. Manufacturing properties are one of the more limited space types in Novi, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Flex space (12 listings) elsewhere in the Novi market.
