Novi, MI Office Units for Lease
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Novi, MI Office Units Lease Rates & Market Statistics
Browse 26 Office Units for lease in Novi, MI on Realmo, a commercial real estate marketplace serving the Novi area. The current inventory totals 320,481 square feet of properties — an average of ~12,350 SF per listing.
Asking lease rates for Office Units in Novi start at $1.36 SF/Yr, average $14.10 SF/Yr, and reach $21 SF/Yr at the top of the market. That's a 15x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $14.10 SF/Yr, the local average runs 35% below Michigan's state average of $21.68 SF/Yr.
Novi accounts for 5% of the 560 office units currently available across Oakland County, where nearby markets include Troy and Southfield. Office Units make up 46% of the 56 Office Spaces currently for lease in Novi, with asking rates averaging $14.10 SF/Yr — 16% below the citywide Office Spaces average of $16.89 SF/Yr. Tenants comparing options may also consider Medical Office Space (15 listings) and Office buildings (13 listings) elsewhere in the Novi market.