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Retail Space Near I-96 & I-275
For Lease
$14 SF/Yr

33653-33897 Five Mile Road, Livonia, MI 48154

Retail spaces available in neighborhood center near I-96 & I-275.

Property Size27,723 SF
Days on Market253

Property Features for 33653-33897 Five Mile Road

General Information

Standard status Active
Size 27,723 SF
Property subtype Retail
Listing Agency: NAI Farbman - Corporate
Listed By: Brandon Ben-Ezra · License #6501397648
Source: Naiglobal
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 31 at 6:19AM

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 NAI Farbman - Corporate

Investment Insights

Based on property information with market context.

Located at the southwest corner of Five Mile Road and Farmington Road, this neighborhood retail center offers prime commercial exposure. The property is in close proximity to I-96 and I-275, providing easy ingress and egress. It features ample, convenient parking. Current tenants include Hungry Howies, Bench Pub, TheraSport, French's Flowers, and Livonia Lock & Key. Spaces from 1,220 SF to 3,764 SF are available contiguous. The landlord is motivated and offering aggressive lease rates. The property benefits from a dense neighborhood population.

Key Highlights

  • Prime commercial exposure in a great neighborhood retail center.
  • Close proximity to I‑96 & I‑275 highways.
  • Join established retailers such as Hungry Howies and French's Flowers.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Auto Repair Shop Nail Salon Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Home Improvements & Furnishings 36% Dining 9%
Community Choice Credit Union Shops & Services
4,312 visits/mo 0.2 miles
True Value Hardware Home Improvements & Furnishings
2,859 visits/mo 0.0 miles
Hungry Howie's Pizza Dining
734 visits/mo 0.1 miles

Demographics for 48154, MI

37,864
Population
15,330
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
3,264
Density / Sq Mi
$103,763
Median Household Income
$59,017
Median Earnings
$1,197
Median Rent
$285,800
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail spaces available in neighborhood center near I-96 & I-275.
Where is this strip mall located?
The property is located at 33653-33897 Five Mile Road Livonia, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime commercial exposure in a great neighborhood retail center.; Close proximity to I‑96 & I‑275 highways.; Join established retailers such as Hungry Howies and French's Flowers.
More about this property
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