Meadowbrook Office Building

Off-Market

41555 West 12 Mile Road, Novi, MI 48377

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

  • Property Type Office - General Office
  • Property Size 40,386 SF
  • Lot Size 6 Acre
  • Parking Spaces Avail. 220
  • Parking Ratio 5.47 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2007

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 Price
  • Arm's Length True
  • Buyer Name

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 ®

    23/100 Car-Dependent
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48377
  • Market Detroit

Points of Interest

  • BP

    0.99 miles

  • BP

    1.03 miles

  • Shell

    1.10 miles

  • Mobil

    1.41 miles

  • Sunoco

    1.45 miles

  • Kroger

    1.98 miles

  • Shell

    2.01 miles

  • Mobil

    2.01 miles

  • Speedway

    2.03 miles

  • Shell

    2.03 miles

  • North Parking Lot

    0.28 miles

  • Lakeshore Park Skills Area Parking Lot

    1.40 miles

  • MTB Tralhead Parking

    1.80 miles

  • MDOT Public Carpool Parking

    2.87 miles

  • Michigan Air Line Trailhead Parking Lot

    3.23 miles

  • ShearWater Trailhead Parking Lot for M.A.L.T.

    3.79 miles

  • Trailhead Parking for WBT & MALT Trails

    4.11 miles

  • MDOT Carpool Lot

    4.16 miles

  • Lot 8

    4.18 miles

  • Lot 7

    4.21 miles

  • Holiday Inn Express & Suites

    0.91 miles

  • The Baronette Renaissance

    0.91 miles

  • DoubleTree

    0.95 miles

  • TownePlace Suites Detroit Novi

    1.05 miles

  • Sonesta Select Detroit Novi

    1.08 miles

  • Four Points by Sheraton Detroit Novi

    1.23 miles

  • Hawthorn Suites

    2.03 miles

  • Hyatt Place Detroit/Novi

    2.25 miles

  • Hampton Inn Detroit-Novi

    2.40 miles

  • Motel 6

    2.41 miles

  • Bangkok 18

    0.44 miles

  • The Cheesecake Factory

    0.58 miles

  • California Pizza Kitchen

    0.60 miles

  • Kerby's Coney Island

    0.63 miles

  • Pretzel Peddler

    0.65 miles

  • Zoup!

    0.65 miles

  • Lifestyle Cafés

    0.66 miles

  • Charleys Philly Steaks

    0.66 miles

  • Yeung's Lotus Express

    0.67 miles

  • A&W

    0.67 miles

  • South University

    0.00 miles

  • Meadowbrook Elementary School

    0.88 miles

  • Novi Christian Academy

    1.30 miles

  • Hickory Woods Elementary School

    1.85 miles

  • Koby International Academy

    2.04 miles

  • Professional Bartenders School

    2.11 miles

  • Orchard Hills Elementary School

    2.13 miles

  • Early Childhood Education Center

    2.32 miles

  • Village Oaks Elementary School

    2.43 miles

  • Novi Adult Education

    2.45 miles

  • KinderCare Learning Center

    2.24 miles

  • Childtime Learning

    2.38 miles

  • Minto's Casa

    4.09 miles

  • Country Hills Montessori

    5.36 miles

  • Tutor Time

    5.37 miles

  • The Learning Experience

    5.60 miles

  • Everbrook Academy of West Bloomfield

    5.61 miles

  • Lakes Area Montesorri

    5.66 miles

  • Little Hearts Learning Home - Child Care and Pre-School

    5.86 miles

  • KinderCare

    6.02 miles

Frequently Asked Questions

What is the total square footage of Meadowbrook Office Building?

Meadowbrook Office Building totals 40,386 square feet.

When was this property built?

Meadowbrook Office Building was built in 2007.

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