40040 Grand River Avenue — Lease in Novi, MI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Business
  • Location: Novi, MI 48375

Market Context

This warehouse distribution in Novi, MI is listed for lease. Compare it against other warehouse distribution listings for lease in Novi, MI — view the full market.

As of Q2 2026, the Detroit warehouse distribution market showed a 4.3% vacancy rate, and average asking rents near $7.42/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Warehouse distribution market FAQ

Is the Detroit warehouse distribution market tightening or softening?
Vacancy is around 4.3% (Q2 2026).

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