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Commercial Outlot

37569 5 Mile Rd, Livonia, MI 48154

For Lease
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Ground lease opportunity near a major hospital, university, fitness center, and national retailers.

Space SizeContact for details
Lot Size0.20 Acres
Days on Market167

Property Features for 37569 5 Mile Rd

General Information

Standard status Active
Lot size 0.20 Acres
Property subtype RETAIL

Spaces For Lease

at 37569 5 Mile Rd
37569 5 Mile Rd, Livonia, MI 48154 AVAILABLE
Type RETAIL
Rate Contact for pricing
Lease Type NNN
New Five Shopping Center has an out-lot opportunity available for ground lease. This ground lease is located at the prominent corner of Newburgh and 5 Mile Road, offering a strategic location for businesses looking to establish a presence near a major Hospital, Madonna University, Planet Fitness and national retailers. Contact Zach Burk or Mike Murphy for details.
Contact us
Listing Agency: Gerdom Realty & Investment
Listed By: Michael Murphy · License #6501389134
Source: Moodyscre
Added: May 27 Changed: Oct 25 Last Checked: Nov 8 at 6:34AM

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 Gerdom Realty & Investment

Rey
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Investment Insights

Based on property information with market context.

An out-lot at New Five Shopping Center is available for ground lease. The property is located at the corner of Newburgh and 5 Mile Road in Livonia, Michigan, providing a defined commercial site within an established shopping center setting.

Nearby destinations include a major hospital, Madonna University, Planet Fitness, and national retailers. The property address is 37569 5 Mile Rd, Livonia, MI 48154.

Key Highlights

  • Out‑lot opportunity at New Five Shopping Center
  • Available for ground lease
  • Located at the corner of Newburgh and 5 Mile Road

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon 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

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Wayne County

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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease opportunity near a major hospital, university, fitness center, and national retailers.
Where is this commercial land located?
The property is located at 37569 5 Mile Rd Livonia, MI.
What are key features of this property?
This property features: Out‑lot opportunity at New Five Shopping Center; Available for ground lease; Located at the corner of Newburgh and 5 Mile Road
(248) 520-0524 Call to check price and availability
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