Novi Office Space

Novi

Office Space Market Report

Number of Listings (last 90 days)
19
As of: April 26, 2017

Novi Rates

Most listings are in the $0's per square foot per year. The Novi submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decrease in rent.

Novi Listing Supply

In the last 90 days, 19 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this region are close to 1 floors. Most buildings in this region were built in 1995 and are Class B.

Novi Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Most of the folk of Novi work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Novi.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Novi.
Research

Novi Submarkets