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    41400-41840 W 10 Mile Rd Novi, MI 48375

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    For Lease
    Contact for pricing

    Outlot available for ground lease or build-to-suit with drive-thru.

    Property size:
    2,400 SF
    Lot size:
    11.02 Acres

    Property Features for 41400-41840 W 10 Mile Rd

    General Information

    Size
    2,400 SF
    Lot size
    11.02 Acres

    Source: Colliers Agent Lou Frango

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Drive-Thru Potential

    An outlot measuring approximately 125' x 160' is available for ground lease or build-to-suit. A 1,200 to 2,400 square foot build-to-suit is proposed with drive-thru. The entire center was remodeled in 2024. The location is near an expanded Busch’s Grocery, Great Lakes Ace Hardware, Pet Supplies Plus, Hallmark, and Once Upon a Child.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.455477
    Latitude
    42.46759

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    FAQs

    What type of property is this?
    Drive through restaurant - Outlot available for ground lease or build-to-suit with drive-thru.
    Where is this drive through restaurant located?
    The property is located at 41400-41840 W 10 Mile Rd Novi, MI.
    What are key features of this property?
    This property features: - Entire center remodeled in 2024; - Join expanded Busch’s Grocery, Great Lakes Ace Hardware, Pet Supplies Plus, Hallmark, & Once Upon a Child; - **1,200 – 2,400 SF Proposed BTS with Drive-Thru**
    (248) 540-1000
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    41400-41840 W 10 Mile Rd Novi, MI 48375
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41400-41840 W 10 Mile Rd Novi, MI 48375
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