Novi, MI Warehouse and Industrial Space for Rent

Search industrial and warehouse property for lease and view the Market Overview section below for local stats and insight.

15 Listings

1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6
$13.95/SF/YR
Novi Research Park I & II
27175 Haggerty Road, Novi, MI
Space Type
Industrial
2 spaces

10,250 - 23,276 SF
1 of 5

2 of 5

3 of 5

4 of 5

5 of 5
$6.95/SF/YR
43155-43159 West 9 Mile Road
43155-43159 9 Mile Rd W, Novi, MI
Space Type
Industrial
1 space

37,900 SF
1 of 4

2 of 4

3 of 4

4 of 4
$12.50/SF/YR
Novi Technology Center
40000 Grand River Avenue, Novi, MI
Space Type
Industrial
4 spaces

3,459 - 7,389 SF
1 of 4

2 of 4

3 of 4

4 of 4
Price on request

22670 Heslip Dr.

22670 Heslip Dr., Novi, MI
Space Type
Industrial
1 space

6,500 SF
1 of 1
Price on request

9,781 SF Second Floor Space For Lease | Novi

45880 Dylan Dr, Novi, MI
Space Type
Industrial
1 space

9,781 SF
1 of 1
Price on request

For Sale or Lease | Industrial Building

42300 W 9 Mile Rd, Novi, MI
Space Type
Industrial
1 space

40,100 SF
Price on request

46860 West Road

46860 West Road, Novi, MI
Space Type
Industrial
1 space

36,070 SF
$8.95/SF/YR
40040 Grand River Avenue
40040 Grand River Ave, Novi, MI
Space Type
Industrial
1 space

6,000 SF
Price on request

Novi Corporate Campus

NEC 12 Mile Road & West Park Drive, Novi, MI
Space Type
Industrial
1 space

93,000 SF
See 6 listing(s) nearby (within 10 miles)
$13.95/SF/YR
47689- 47683 Avante Dr
47689- 47683 Avante Dr, Wixom, MI
Space Type
Industrial
1 space

1,940 SF
Price on request

47840 Anna Court

47840 Anna Court, Wixom, MI
Space Type
Industrial
1 space

13,898 SF
Price on request

29380 Beck Road

29380 Beck Road, Wixom, MI
Space Type
Industrial
1 space

28,235 SF
$10.30/SF/YR
48668 Alpha Dr
48668 Alpha Dr, Wixom, MI
Space Type
Industrial
1 space

110,758 SF
Price on request

Build to Suit - Alpha Drive

Alpha Drive, Wixom, MI
Space Type
Industrial
1 space

88,113 SF
1 of 3

2 of 3

3 of 3
$14.00/SF/YR
49176 Alpha Dr
49176 Alpha Dr, Wixom, MI
Space Type
Industrial
1 space

16,500 SF

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Understanding Warehouse and Industrial Listing Rents in Novi, MI

In Novi, the average asking rent for industrial space can vary significantly due to various factors, such as location, property size, and quality rating.

For example, properties that are located close to high-capacity transport routes or cargo ports are always in high demand, which generally means higher rents. Similarly, larger warehouse or other industrial facility types can incur higher utilities and maintenance costs, which will ultimately be reflected in higher rents.

Class A or higher means tenants get some of the best quality industrial real estate available on the market and it tends to command the highest rents. It might be newly constructed property, or older industrial buildings that have been improved to meet or exceed modern standards.

Meanwhile, Class B and Class C industrial buildings are generally older real estate that lacks some of the most modern amenities. Rents for Class B and Class C properties tend to be lower than the A tier, but due to age might incur higher upkeep and maintenance costs, which can offset the rent savings.

Breakdown of Industrial Buildings in Novi, MI by Year Built

1950 - 2000 27
After 2000 12

The data was provided by Yardi Research Data and refers to industrial properties larger than 25,000 square feet.

Breakdown of Industrial Space in Novi, MI by Year Built

1950 - 2000 3,203,335 Sq.Ft.
After 2000 857,694 Sq.Ft.

Breakdown of Novi, MI Industrial Space Rents by Building Class

Property Class Min. Rental Rate Max. Rental Rate

Class B Industrial Properties $12.5 $12.5

When weighing the cost-to-quality ratio, consider that several of these factors can work together to balance or offset each other in terms of the final cost to your budget. You can easily reach out to the property listing broker using the contact form available for each listing, to find out more about what each property has to offer.

The Novi, MI Industrial Real Estate Market at a Glance

Industrial real estate in Novi includes a variety of property types, which can suit businesses of different sizes that operate in various industries. The most common types of industrial property anywhere serve either logistics or manufacturing activities and each of them can offer sub-varieties that offer facilities specialized for particular types of handling or storage.

In Novi, the most common industrial property type on the leasing market is Flex - Industrial. Currently, you can find 3 such listing(s) in Novi. Listing sizes for this property type start at 3,459 square feet.

The local market is also home to 2 R&D - Office listing(s), offering spaces starting at 10,250 square feet.

You will also find Warehouse/Distribution space here — 2 listing(s). Listing sizes in this category start at 9,781 square feet.

Breakdown of Novi, MI Industrial Space for Rent by Use Type

Use Type No. of Listings Total Sq.Ft.

Flex - Industrial 3 16,748

R&D - Office 2 33,526

Warehouse/Distribution 2 49,881

Manufacturing 2 84,080

Warehouse 1 6,500

Finding Industrial and Warehouse Space to Lease Near Me

Trying to find the best industrial space near you for your business needs? PropertyShark is a great platform to find available industrial spaces in your area and makes finding the right home for your company easy. You can quickly filter your search by space or property size, price, or location with the search menu at the top of the page. Additionally, you can use the interactive map search modes to explore the best locations for industrial space in each market of interest. What’s more, you can conveniently reach out to listing brokers for more information about any of the properties that caught your eye, as well as the particularities of their surroundings.