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Two-Building Multi-Tenant Retail Center
For Lease
$35 SF/Yr

42261 7 Mile Road, Northville, MI 48167

Two-building multi-tenant retail center totaling 13,818 square feet along 7 Mile Road in Northville.

Space Size6,900 SF
Property Size13,800 SF
Days on Market81

Property Features for 42261 7 Mile Road

General Information

Standard status Active
Size 6,900 SF
Property subtype Retail
Lease Term NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 13,800 SF
Tenancy Multi

Spaces For Lease

at 42261 7 Mile Road Contact us

1 $35/SF/Yr

Size
6,900 SF
Term
Negotiable
Contact us

2 $35/SF/Yr

Size
6,900 SF
Term
Negotiable
Contact us
Listing Agency: Thomas Duke Company
Listed By: Mark Szerlag · License #6502342846
Source: Thomasduke
Added: Jun 2 Changed: Aug 19 Last Checked: Aug 21 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Duke Company

Investment Insights

Based on property information with market context.

The property is a two-building, multi-tenant retail center offering storefront space within a 13,818-square-foot configuration. A site plan has been approved for a two-building retail development along 7 Mile Road.

The center is located along 7 Mile Road just east of Main Street, outside of downtown Northville. It sits along the main thoroughfare between I-275 and downtown Northville.

The development is part of a larger PUD that includes 125 residential units comprised of apartments and townhomes.

Key Highlights

  • Two‑building multi‑tenant retail center totaling 13,818 SF along 7 Mile Rd in Northville
  • Site plan approved for a two‑building 13,800 SF retail development along 7 Mile Rd
  • Located just east of Main Street, outside downtown Northville

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Parking Lot & Garage Food Market Grocery & Convenience Store Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
3,734 visits/mo 0.4 miles

Demographics for 48167, MI

25,071
Population
10,776
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
98%
High-School Grad
19.4 sq mi
ZIP Area
1,292
Density / Sq Mi
$118,378
Median Household Income
$68,761
Median Earnings
$1,580
Median Rent
$430,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Highland Lakes Shopping Center 43041 W Seven Mile Rd, Northville, MI 48167

Frequently Asked Questions

What type of property is this?
Shopping center - Two-building multi-tenant retail center totaling 13,818 square feet along 7 Mile Road in Northville.
Where is this shopping center located?
The property is located at 42261 7 Mile Road Northville, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Two‑building multi‑tenant retail center totaling 13,818 SF along 7 Mile Rd in Northville; Site plan approved for a two‑building 13,800 SF retail development along 7 Mile Rd; Located just east of Main Street, outside downtown Northville
More about this property
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