Novi, MI Office Units for Lease
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Similar Spaces for Sale in Novi, MI
Novi, MI Office Units Lease Rates & Market Statistics
Browse 17 Office Units for lease in Novi, MI on Realmo, a commercial real estate marketplace serving the Novi area. The current inventory totals 193,004 square feet of properties — an average of ~11,350 SF per listing.
Asking lease rates for Office Units in Novi start at $9.95 SF/Yr, average $15.82 SF/Yr, and reach $21 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15.82 SF/Yr, the local average runs 28% below Michigan's state average of $21.85 SF/Yr.
Novi accounts for 4% of the 460 office units currently available across Oakland County, where nearby markets include Troy and Southfield. Office Units make up 40% of the 42 Office Spaces currently for lease in Novi, with asking rates averaging $15.82 SF/Yr — 12% below the citywide Office Spaces average of $17.96 SF/Yr. Tenants comparing options may also consider Office buildings (12 listings) and Medical Office Space (10 listings) elsewhere in the Novi market.
