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Modern Shopping Center
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26150 Novi Road, Novi, MI 48375

Fully occupied retail asset with corporate leases, renewal options, and access to an established specialty-retail center.

Property SizeContact for details
Days on Market146

Property Features for 26150 Novi Road

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Year Built 2018
Tenancy Multi
Listing Agency: Keystone Commercial Real Estate
Listed By: Greg Newman · License #MI 6501288543
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:12AM

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 Keystone Commercial Real Estate

Investment Insights

Based on property information with market context.

Completed in 2018, the shopping center presents a contemporary façade and is reported at 100% occupancy. Tenants are positioned under 10-year corporate lease terms with renewal options. The property forms part of Novi Town Center, a retail setting with more than 75 specialty stores, including Walmart, TJ Maxx, Hobby Lobby, and Sierra Trading Company.

At 26150 Novi Road in Novi, Michigan, the center is near freeway connections and Twelve Oaks Mall. The listing identifies drive times of approximately 30 minutes to Ann Arbor, Downtown Detroit, and Detroit Metro Airport. Current occupancy, lease duration, and surrounding retail presence define the offering.

Key Highlights

  • 100% occupancy
  • 2018 construction with a contemporary façade
  • 10‑year corporate leases with renewal options

Property Analytics

Current Use

Panda Express Restaurant Spectrum Telecommunications Service Mattress Firm Novi ... Furniture & Home Goods Spectrum Store Telecommunications Service

Suggested Use

Top Pick Storage Facility Garden Center Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Florist

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

847
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Main Street Novi Shopping Center Novi, MI 48375
  • Quick-Tag Walmart Supercenter, 26090 Ingersol Dr, Novi, MI 48375
  • Novi Town Center 43259 Crescent Blvd, Novi, MI 48375
  • Twelve Mile Crossing at Fountain Walk 44175 W 12 Mile Rd, Novi, MI 48377
  • West Oaks 43620 w oaks dr, novi, mi 48377

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail asset with corporate leases, renewal options, and access to an established specialty-retail center.
Where is this shopping center located?
The property is located at 26150 Novi Road Novi, MI.
What are key features of this property?
This property features: 100% occupancy; 2018 construction with a contemporary façade; 10‑year corporate leases with renewal options
(248) 406-7113 Call to check price and availability
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