Novi, MI Retail Space for Lease

Search 12 retail listings in Novi, MI and find helpful local stats in the Market Overview section below.

For Lease | Novi 10 Plaza

41400-41840 W Ten Mile Road | Novi, Novi, MI
Property

Retail
Availability

1 Space

20,000 SF
Year Built

1976
For Lease Contact for pricing
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West Oaks

43825 West Oaks Drive, Novi, MI
Property

Retail

304,779 SF
Availability

6 Spaces

19,553 SF
Year Built

1980
For Lease Contact for pricing
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21211 Haggerty Road

21211 Haggerty Road, Novi, MI
Property

Retail

3,062 SF
Availability

1 Space

3,062 SF
Year Built

1988
For Lease

$1.00/SF/YR
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Novi Plaza

41431-41563 W 10 Mile Road, Novi, MI
Property

Retail

18,200 SF
Availability

3 Spaces

6,500 SF
Year Built

1971
For Lease

$20.00/SF/YR
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39711 Grand River Ave

39711 Grand River Ave, Novi, MI
Property

Retail

29,056 SF
Availability

4 Spaces

7,540 SF
For Lease

$20.00/SF/YR
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30900-30990 Beck Rd

30900-30990 Beck Rd, Novi, MI
Property

Retail

5,000 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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Beck Village Plaza

30560 North Beck Road, Novi, MI
Property

Retail

35,560 SF
Availability

5 Spaces

18,100 SF
Year Built

1990
For Lease Contact for pricing
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NWC 9 Mile Road & Haggerty Road

NWC 9 Mile Road & Haggerty Road, Novi, MI
Property

Retail

5,700 SF
Availability

4 Spaces

5,700 SF
For Lease

$28.00 - $35.00/SF/YR
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West Oaks I & II Shopping Center

43420-43831 West Oaks Drive, Novi, MI
Property

Retail

191,050 SF
Availability

4 Spaces

13,894 SF
For Lease Contact for pricing
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West Oaks II Shopping Center

43420 West Oaks Drive, Novi, MI
Property

Retail

191,050 SF
Availability

10 Spaces

33,447 SF
Year Built

1986
For Lease

$1.00 - $100.00/SF/YR
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40000 Eight Mile West

40000 Eight Mile West, Novi, Northville, MI
Property

Retail

21,000 SF
Availability

3 Spaces

21,144 SF
For Lease Contact for pricing
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21514 Novi Rd

21514 Novi Rd, Novi, MI
Property

Retail

12,000 SF
Availability

1 Space

1,650 SF
For Lease

$18.00/SF/YR
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Retail Space Rents in Novi, MI

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Novi asks $22.31 per square foot.

Retail Space Lease Types in Novi, MI

The most common type of lease agreement you’ll find here is NNN, with 8 space(s) available under this type of arrangement. The local market is also home to 1 retail space(s) offered under a Modified Gross lease agreement type.

Most Common Type of Lease for Retail Buildings in Novi, MI

NNN 8
Modified Gross 1

Average Size of Retail Space for Lease in Novi, MI

The average size for this type of rental opportunity in Novi is 1,000 sqft to 2,500 sqft. Currently, the local market offers 23 listing(s) within that size range. You can also search 10 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Novi, MI

Retail space in Novi comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 3 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 3,807 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Novi, MI Retail Space for Lease

For Lease | Novi 10 Plaza

West Oaks

21211 Haggerty Road

Novi Plaza

39711 Grand River Ave

30900-30990 Beck Rd

Beck Village Plaza

NWC 9 Mile Road & Haggerty Road

West Oaks I & II Shopping Center

West Oaks II Shopping Center

40000 Eight Mile West

21514 Novi Rd