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Multi-Tenant Neighborhood Strip Mall
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41431-41563 W 10 Mile Road, Novi, MI 48375

Neighborhood retail center with customer parking and direct access from a heavily trafficked main road.

Space Size1,400 SF - 3,700 SF
Property Size18,200 SF
Days on Market193

Property Features for 41431-41563 W 10 Mile Road

General Information

Standard status Active
Size 1,400 SF - 3,700 SF
Class C
Property subtype Strip Center

Building Details

Building Size 18,200 SF
Year Built 1971
Tenancy Multi

Spaces For Lease

at 41431-41563 W 10 Mile Road Contact us

41455 W Ten Mile Road

Size
3,700 SF
Lease Type
NNN
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41479 W Ten Mile Road

Size
1,400 SF
Lease Type
NNN
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41491 W Ten Mile Road

Size
1,400 SF
Lease Type
NNN
Contact us
Listing Agency: Farbman Group
Listed By: Nanci Tarpley · License #6501335521
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 3:32PM

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 Farbman Group

Investment Insights

Based on property information with market context.

This multi-tenant neighborhood shopping center at 41431-41563 W 10 Mile Road provides retail space within an established commercial property. Built in 1971, the center includes ample parking intended to serve both customers and employees.

The property is positioned along a heavily trafficked main road in Novi, with convenient access and strong exposure to passing motorists. Surrounding commercial activity includes established retail and dining businesses, while nearby residential communities contribute to the area’s customer base.

Key Highlights

  • Multi‑tenant neighborhood shopping center
  • Built in 1971
  • Located at 41431‑41563 W 10 Mile Road, Novi, MI 48375

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Bakery Nail Salon Grocery & Convenience Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Neighborhood retail center with customer parking and direct access from a heavily trafficked main road.
Where is this strip mall located?
The property is located at 41431-41563 W 10 Mile Road Novi, MI.
What are key features of this property?
This property features: Multi‑tenant neighborhood shopping center; Built in 1971; Located at 41431‑41563 W 10 Mile Road, Novi, MI 48375
More about this property
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