Listing Agency: CMP Real Estate Group

Listed By: Lance Numan · License #6501385147 Show Phone

Source: Crexi

Added: Sep 4 Changed: Sep 9 Last Checked: Sep 12 at 4:31AM

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Investment Insights

Based on property information with market context.

This shopping-center property was formerly occupied by CVS. The recorded address is 42191 W 14 Mile Rd, Novi, MI 48377-1401.

Key Highlights

• Formerly occupied by CVS
• Located at 42191 W 14 Mile Rd, Novi, MI 48377‑1401

Property Analytics

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Open Analytics

Current Use

CDReload - Online Bitcoin ... Crypto Atm MoneyGram Bank Citizens ATM Atm Coinhub Bitcoin ATM ... Atm UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

Under-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

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Former CVS property positioned within a shopping-center classification on West 14 Mile Road in Novi.

Where is this shopping center located?

The property is located at 42191 W 14 Mile Rd Novi, MI.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Formerly occupied by CVS; Located at 42191 W 14 Mile Rd, Novi, MI 48377‑1401