Fully Equipped Upscale
For Lease
$30 SF/Yr
27155 S Karevich Dr, Novi, MI 48377
Restaurant space is fully equipped with furniture, fixtures, and equipment and is positioned for strong road visibility.
Property Size11,921 SF
Days on Market1120
Property Features for 27155 S Karevich Dr
General Information
Standard status
Active
Size
11,921 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Building Details
Year Built
1979
Listing Agency:
Thomas A. Duke Company
(248) 476-3700
Listed By:
Mark W. Szerlag · License #6502342846
(248) 476-3700
Source:
Cpix.resimplifi
Added: Jul 11, 2023
Changed: Jul 23
Last Checked: Jul 23 at 6:12AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This fully equipped restaurant is ready for operation, including all furniture, fixtures, and equipment. The space is presented as an upscale restaurant concept based on the provided remarks.
Located just west of Novi Road and north of I-96 on S. Karevich Drive, the property sits at the corner of I-96 and Novi Road. The surrounding area is described as made up of high-trafficked corridors, with visibility from both I-96 and Novi Road intended to support customer access and street-level exposure.
For renters and operators seeking a turn-key restaurant setup at a major intersection with prominent visibility, the configuration is designed around immediate functionality rather than ongoing buildout.
Located just west of Novi Road and north of I-96 on S. Karevich Drive, the property sits at the corner of I-96 and Novi Road. The surrounding area is described as made up of high-trafficked corridors, with visibility from both I-96 and Novi Road intended to support customer access and street-level exposure.
For renters and operators seeking a turn-key restaurant setup at a major intersection with prominent visibility, the configuration is designed around immediate functionality rather than ongoing buildout.
Key Highlights
- Fully equipped restaurant space with furniture, fixtures, and equipment (F, F&E).
- Year built: 1979.
- Located on S. Karevich Drive, just west of Novi Road and north of I‑96.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48377, MI
19,691
Population
9,961
Households
2
Avg Household Size
39
Median Age
52%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
2,051
Density / Sq Mi
$83,368
Median Household Income
$54,373
Median Earnings
$1,439
Median Rent
$332,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space is fully equipped with furniture, fixtures, and equipment and is positioned for strong road visibility.
Where is this conventional restaurant located?
The property is located at 27155 S Karevich Dr Novi, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Fully equipped restaurant space with furniture, fixtures, and equipment (F, F&E).; Year built: 1979.; Located on S. Karevich Drive, just west of Novi Road and north of I‑96.
