43155 West 9 Mile Road

Off-Market

43155 West 9 Mile Road, Novi, MI 48375

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 315,733 SF
  • Lot Size 15 Acre
  • Parking Spaces Avail. 252
  • Parking Ratio 0.80 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1973

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 03 Jan, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Novi

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Novi Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $29.74
  • 2022 Office Vacancy Rate 16.74%
  • 2022 Office Completions (SF)
View more Novi market trends

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest

  • Marathon

    1.12 miles

  • Speedway

    1.16 miles

  • Mobil

    1.39 miles

  • Marathon

    1.66 miles

  • Mobil

    1.82 miles

  • Meijer

    1.96 miles

  • Speedway

    1.99 miles

  • BP

    2.02 miles

  • Mobil

    2.09 miles

  • Sunoco

    2.14 miles

  • MDOT Carpool Lot

    1.94 miles

  • Seven Mile Parking Lot

    2.79 miles

  • North Parking Lot

    2.81 miles

  • North Parking Lot

    2.93 miles

  • Special Events Parking

    2.95 miles

  • Center Parking Lot

    2.96 miles

  • Parking Lot A

    3.00 miles

  • Parking Lot B

    3.01 miles

  • East Parking Lot

    3.05 miles

  • South Parking Lot

    3.14 miles

  • Shiro

    0.18 miles

  • Subway

    0.31 miles

  • Guernsey Restaurant & Ice Cream

    0.42 miles

  • Red Dot Coffee Company

    1.16 miles

  • Penn Station

    1.20 miles

  • Benito's Pizza

    1.20 miles

  • Turmerican Vegetarian Cuisine

    1.22 miles

  • Pizza Cutter

    1.25 miles

  • China Cafe

    1.25 miles

  • New Bangkok Thai Cuisine

    1.34 miles

  • Kroger

    1.21 miles

  • Busch's

    1.40 miles

  • Better Health Market

    1.93 miles

  • One World Market

    1.94 miles

  • Mirai

    1.95 miles

  • Kohl's

    2.12 miles

  • Walmart Supercenter

    2.20 miles

  • TJ Maxx

    2.29 miles

  • Target

    2.36 miles

  • India Grocers

    2.38 miles

  • CVS

    0.07 miles

  • Walgreens

    1.09 miles

  • City of Novi Lee C. Begole Police Headquarters

    1.21 miles

  • CVS Pharmacy

    1.34 miles

  • Novi Drug

    1.40 miles

  • Rite Aid

    1.43 miles

  • Northville Police Station

    1.53 miles

  • Northville Fire Station

    1.53 miles

  • Henry Ford Medical Center - Novi

    1.82 miles

  • Concerta Urgent Care

    1.93 miles

Frequently Asked Questions

What is the total square footage of 43155 West 9 Mile Road?

43155 West 9 Mile Road totals 315,733 square feet.

When was this property built?

43155 West 9 Mile Road was built in 1973.

When was 43155 West 9 Mile Road last sold?

43155 West 9 Mile Road was last sold on 03 Jan, 2020.

What is the market value for 43155 West 9 Mile Road?

The market value* for 43155 West 9 Mile Road in 2023 was $11,870,300.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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