Former Pharmacy Retail
For Lease
$12 SF/Yr
42191 W 14 Mile Rd, Novi, MI 48377
Large-format retail space in a shopping center setting with established retail and medical co-tenancy.
Space SizeContact for details
Property Size21,756 SF
Days on Market439
Property Features for 42191 W 14 Mile Rd
General Information
Standard status
Active
Size
21,756 SF
Property subtype
Retail
Zoning
RA
Building Details
Building Size
21,756 SF
Year Built
1999
Buildings
1
Stories
1
Listing Agency:
Insite Commercial
Listed By:
Mojahed Abubars · License #6506046863
(248) 996-0346
Source:
Cpix.resimplifi
Added: Jun 25, 2025
Changed: Sep 5
Last Checked: Aug 31 at 12:33AM
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 Insite Commercial
Investment Insights
Based on property information with market context.
This 21,756-square-foot retail space occupies a former pharmacy building completed in 1999. The property is positioned within Novi Summit Shopping Center and carries RA zoning, offering a substantial footprint for a retail user seeking an established commercial setting.
The building sits at the corner of Novi and 14 Mile Road, with neighboring retailers including Little Caesars, Flagstar Bank, and Starbucks. Medical occupants in the surrounding center include JMG Dentistry, Michigan Eye, Miracle Ear, Advanced Wound Care, and Excel Physical Therapy. Maple Manor Rehab Center of Novi is located across the street.
The building sits at the corner of Novi and 14 Mile Road, with neighboring retailers including Little Caesars, Flagstar Bank, and Starbucks. Medical occupants in the surrounding center include JMG Dentistry, Michigan Eye, Miracle Ear, Advanced Wound Care, and Excel Physical Therapy. Maple Manor Rehab Center of Novi is located across the street.
Key Highlights
- 21,756‑square‑foot former pharmacy building
- Located within Novi Summit Shopping Center
- Hard‑corner position at Novi and 14 Mile Road
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
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
Lease Benchmarks for Novi, MI
$19.8 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
26,366 SF
Avg Space Size
This space is priced 39% below the average of $19.8 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Large-format retail space in a shopping center setting with established retail and medical co-tenancy.
Where is this retail space located?
The property is located at 42191 W 14 Mile Rd Novi, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 21,756‑square‑foot former pharmacy building; Located within Novi Summit Shopping Center; Hard‑corner position at Novi and 14 Mile Road
