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Twelve Oaks Professional Center
41935 West 12 Mile Road, Novi, MI 48377
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- Property Type Office - General Office
- Property Size 93,558 Sqft
- Lot Size 7.43 Acre
- Parking Spaces Avail. 362
- Parking Ratio 3.87/ 1,000 SF
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1980
- City Novi, MI
- Neighborhood Novi
- Zip Code 48377
- Market Detroit
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
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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.
Asking Rents in Novi Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $23.25
- 2020 Office Vacancy Rate 14.25 %
- 2020 Office Completions (Sqft) 269,869
- Market Value $7,913,600
- Assessed Value $7,913,600
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Frequently Asked Questions
What is the total square footage of Twelve Oaks Professional Center?
Twelve Oaks Professional Center totals 93,558 square feet.
When was this property built?
Twelve Oaks Professional Center was built in 1980.
When was Twelve Oaks Professional Center last sold?
Twelve Oaks Professional Center was last sold on 24 Apr, 2019.
What was the last purchase price for Twelve Oaks Professional Center?
Twelve Oaks Professional Center was last sold for $18,750,000.
What is the market value for Twelve Oaks Professional Center?
The market value for Twelve Oaks Professional Center in 2021 was $7,913,600.
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