Oakland County · commercial real estate
Commercial real estate in Novi, Michigan.
Investment sales, leasing, tenant searches, business sales and land in Novi, from Island Lake and Bellagio to Novi Rd and Grand River Ave. One small team out of our Birmingham office on Woodward, with the price, NOI and cap rate on page one.
§ 01Around Novi
Where we work in Novi.
The streets, neighborhoods and business districts that make up commercial Novi. Whether the property sits on Novi Rd or tucked into Island Lake, we know who is buying and who is leasing.
Commercial streets and corridors
| Street | What is on it |
|---|---|
| Novi Rd | The Novi Road and I-96 interchange is a major retail cluster; Twelve Oaks Mall is at 12 Mile and Novi Rd and Novi Town Center at Novi Rd and Grand River |
| Grand River Ave | Kroger's Michigan regional offices (40399 Grand River), car dealerships and the Suburban Collection Showplace (46100 Grand River) line it; Novi City West is proposed on 55 acres between Beck and Taft |
| 12 Mile Rd | Twelve Oaks Mall and Twelve Mile Crossing at Fountain Walk face each other near Novi Rd and I-96 |
| Haggerty Rd | Eastern edge on the Farmington Hills border, lined with car dealerships and offices |
| Beck Rd | Henry Ford Providence Novi Hospital is off I-96 and Beck |
| Meadowbrook Rd | Tollgate Farm is at 12 Mile and Meadowbrook; the Willowbrook subdivision is near 10 Mile and Meadowbrook |
| Main St | Short street between Grand River and Novi Rd, planned in 2005 as a mixed-use downtown district |
| I-96 service drive | The Suburban Collection Showplace (about 340,000 sq ft of exhibit space) sits beside I-96 |
| M-5 (Haggerty Connector) | Freeway connector running north from the I-96/I-696/I-275 junction |
Novi neighborhoods
- Island Lake
- Bellagio
- Turtle Creek
- Willowbrook
- Meadowbrook Glens
- Deerbrook
Business districts and centers
- Twelve Oaks Mall
- Twelve Mile Crossing at Fountain Walk
- Novi Town Center
- Suburban Collection Showplace
- Main Street Novi
- Novi City West (proposed)
Highways and main routes
- I-96
- I-696 (Walter P. Reuther Fwy)
- I-275
- M-5 (Haggerty Connector)
§ 02What we do
Five services, all in Novi.
- 01Investment Sales Selling an income property in Novi? We underwrite it and bring it to buyers with the numbers on page one.
- 02Landlord Representation & Leasing Vacant suites on Novi Rd? We market them and get them leased.
- 03Tenant Representation Need space in Novi? We find it, run the comps and write the offers.
- 04Business Acquisitions & Sales Buying or selling a Novi business, with or without the building.
- 05Development & Land Land and redevelopment sites in and around Novi.
§ 03On the book
Current offerings near Novi.
Nothing listed inside Novi right now. These are the closest, in Oakland County. All current offerings.
§ 04At a glance
Novi by the numbers.
- people live in Novi (2020)
- 66,243
- ZIP codes
- 48374, 48375, 48376, 48377, 48167
- the city sits in
- Oakland County
Three freeways (I-96, I-696 and I-275) converge in Novi, and the Novi Road and I-96 interchange is a major retail cluster anchored by Twelve Oaks Mall (about 1.5 million sq ft). The top employers in the city's 2023 annual financial report include St. John Health/Providence Park Hospital (2,230), Harman, Ryder System, Lineage Logistics and ITC Holdings, which has its national headquarters in Novi. In July 2026 a developer presented Novi City West, a proposed $407 million mixed-use project with about 750 homes and a 225-room convention hotel along Grand River between Beck and Taft.
Landmarks: Twelve Oaks Mall, Suburban Collection Showplace, Sri Venkateswara Temple and Cultural Center and Lakeshore Park on Walled Lake.
Sources: 1 (opens in a new tab) · 2 (opens in a new tab) · 3 (opens in a new tab) · 4 (opens in a new tab) · 5 (opens in a new tab). Checked 2026-10-30.
§ 05Questions
Commercial real estate in Novi: questions.
Does ICON Commercial Experts handle commercial real estate in Novi?
Yes. Novi is in Oakland County, one of the three counties we work every week from our office at 33483 Woodward Ave, Birmingham, MI 48009. We handle investment sales, leasing, tenant searches, business sales and land here.
Can you find space for my business in Novi?
Tell us the use, the size and the budget. We search Novi Rd, Grand River Ave and 12 Mile Rd and the rest of Novi, run the comps and write the offers. How tenant representation works.
What is my commercial property in Novi worth?
Ask for a valuation and we underwrite it the way a buyer will: in-place NOI, pro forma, lease structure and comparable sales. Request one here or call Joseph on 586-331-6211.
Do you sell businesses in Novi, with or without the building?
Yes. We sell operating businesses on their own or together with the real estate: restaurants, car washes, service and industrial operators. Business acquisitions and sales.
How do I hear about off-market deals in Novi?
Join the off-market list and tell us what you buy. When an offering fits, you get it before it goes public, with the price, NOI and cap rate on page one.
§ 06Nearby
Also near Novi.
Novi also borders Wixom, Walled Lake, Commerce Township and Northville. Property just over the line? Call Joseph on 586-331-6211.