Novi, MI Retail Properties & Spaces for Lease
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Wixom, MI
Northville, MI
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Commerce Township, MI
Farmington, MI
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New Hudson, MI
Livonia, MI
- Wixom, MI
- Northville, MI
- Walled Lake, MI
- Commerce Township, MI
- Farmington, MI
- Farmington Hills, MI
- New Hudson, MI
- Livonia, MI
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Novi, MI Retail properties & Spaces Lease Rates & Market Statistics
Browse 22 Retail properties & Spaces for lease in Novi, MI on Realmo, a commercial real estate marketplace serving the Novi area. The current inventory totals 242,244 square feet of properties — an average of ~11,000 SF per listing.
Asking lease rates for Retail properties & Spaces in Novi start at $18 SF/Yr, average $21.75 SF/Yr, and reach $25 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $21.75 SF/Yr, the local average runs 27% above Michigan's state average of $17.08 SF/Yr.
Novi accounts for 6% of the 400 retail properties & spaces currently available across Oakland County, where nearby markets include Troy and Southfield.
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