Listing Agency: Thomas Duke Company

Listed By: Mark Szerlag · License #MI 6502342846 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Sep 3 at 10:18AM

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Investment Insights

Based on property information with market context.

This restaurant property is situated on 1.42 acres at 21420 Novi Road in Novi, Michigan. The asset is identified as conventional restaurant real estate and is offered for sale.

Key Highlights

• 1.42‑acre restaurant property at 21420 Novi Road in Novi, MI

Property Analytics

Property Profile

Current Use

Border Cantina Restaurant

Suggested Use

Top Pick Law Firm Restaurant Nail Salon Spa & Massage Center Dental Office Hair 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.

Location Intelligence

Trade Area within ½ mile

309

Businesses Nearby

4k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Shops & Services 49%

Jet's Pizza Dining

2,174 visits/mo 0.1 miles

Clarkson Eyecare Shops & Services

1,048 visits/mo 0.5 miles

Pep Boys Auto Parts & Service Shops & Services

1,029 visits/mo 0.1 miles

Demographics for 48375, MI

23,237

Population

10,223

Households

2.3

Avg Household Size

40

Median Age

63%

College-Educated

98%

High-School Grad

8.4 sq mi

ZIP Area

2,766

Density / Sq Mi

$112,978

Median Household Income

$70,326

Median Earnings

$1,880

Median Rent

$348,900

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant real estate occupies an acreage site.

Where is this conventional restaurant located?

The property is located at 21420 Novi Road Novi, MI.

What are key features of this property?

This property features: 1.42‑acre restaurant property at 21420 Novi Road in Novi, MI