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Meadowbrook Office Building

Off-Market

41555 West 12 Mile Road, Novi, MI 48377

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  • 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

Location

  • Walk Score ® Car-Dependent (9)
  • Bike Score ® Somewhat Bikeable (48)
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48377
  • Market Detroit

Points of Interest

Marathon

2.22 miles

Marathon

3.27 miles

Marathon

4.09 miles

Sunoco

5.65 miles

2 stations

5.94 miles

Speedy

6.98 miles

Sunoco

7.01 miles

Shell

7.20 miles

Shell

7.80 miles

Mobil

9.40 miles

Lot 6

4.27 miles

Lot 5

4.52 miles

Lot 2

4.65 miles

Center Parking Lot

5.43 miles

Trailhead

7.19 miles

Parking Lot - Central Convent

7.90 miles

Lot E - Employee & Handicap Parking

8.75 miles

Shore Fishing Parking

9.35 miles

School Parking

9.90 miles

bus parking

9.98 miles

DoubleTree

0.95 miles

Sonesta Select Detroit Novi

1.08 miles

Motel 6

2.41 miles

Motel 6

2.44 miles

Knights Inn Farmington Hill

2.88 miles

Staybridge Suites Detroit - Novi

3.43 miles

Country Inn & Suites by Radisson, Novi, MI

3.52 miles

Holiday Inn Express

3.89 miles

Hampton

4.13 miles

Hampton Inn & Suites

5.55 miles

Bangkok 18

0.44 miles

Lifestyle Cafés

0.66 miles

Famous Dave's

1.19 miles

Black Rock

1.42 miles

Dunkin' Donuts

2.23 miles

Jet's Pizza

2.28 miles

McDonald's

3.66 miles

Big Boy

4.03 miles

Genitti's Hole in the Wall

4.65 miles

Mimosa

4.70 miles

South University

0.00 miles

CoinCoach

4.04 miles

Oakland Community College at Orchard Ridge

4.53 miles

St. Fabian Catholic School

4.68 miles

Pleasant Lake Elementary School

5.31 miles

Schoolcraft College

5.57 miles

Northville High School

6.14 miles

Webster Elementary

6.40 miles

Northville Montessori Center

6.77 miles

Lewis Cass Elementary School

7.06 miles

Country Hills Montessori

5.36 miles

Tutor Time

5.37 miles

Everbrook Academy of West Bloomfield

5.61 miles

Little Hearts Learning Home - Child Care and Pre-School

5.86 miles

KinderCare

6.02 miles

KinderCare

6.14 miles

The Learning Tree Child Care Center - North

6.65 miles

West Bloomfield KinderCare

6.80 miles

Montessori Center of Our Lady

7.85 miles

Bloomin' Kids Preschool at Conant

9.66 miles

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.

  • 2021 Avg. Asking Rent $22.78
  • 2021 Office Vacancy Rate 14.93%
  • 2021 Office Completions (SF)
View more Novi market trends

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.