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Neighborhood Retail Center Lease Space
For Lease
$18 SF/Yr

47200 - 47340 W Ten Mile Rd, Novi, MI 48374

Retail space in a neighborhood shopping center anchored by CVS, with ample parking and access to I-96.

Space SizeContact for details
Property Size30,048 SF
Days on Market54

Property Features for 47200 - 47340 W Ten Mile Rd

General Information

Standard status Active
Size 30,048 SF
Total Parking Spaces 178
Property subtype Retail
Zoning B-1

Additional Details

Highway Access Yes

Building Details

Building Size 30,048 SF
Year Built 1994
Stories 1
Tenancy Multi
Listing Agency: Signature Associates - Southfield
Listed By: Marvin Petrous · License #6501386692
Source: Cpix.resimplifi
Added: Jul 14 Changed: Aug 14 Last Checked: Sep 5 at 3:44AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This is a for-lease retail opportunity within a neighborhood shopping center located at 47200–47340 W. Ten Mile Rd in Novi. The center is anchored by CVS and offers the ability to join a tenant mix that includes medical and retail users.

The property is positioned at the intersection of Beck Road and Ten Mile Road, with visibility and convenient access to I-96. Ample parking is available for customers and patients.

Suites are available in this retail center setting, supported by the established tenant lineup and retail-focused location at a highly trafficked crossroads.

Key Highlights

  • Neighborhood shopping center retail space built in 1994
  • Anchored by CVS with a tenant mix that includes medical and retail users
  • Located at the highly trafficked intersection of Beck Road and Ten Mile Road

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop HVAC Service Pharmacy Skin Care Clinic

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
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48374, MI

18,008
Population
5,840
Households
3.1
Avg Household Size
39
Median Age
69%
College-Educated
97%
High-School Grad
9.1 sq mi
ZIP Area
1,979
Density / Sq Mi
$185,203
Median Household Income
$99,962
Median Earnings
$2,849
Median Rent
$551,500
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?
Shopping center - Retail space in a neighborhood shopping center anchored by CVS, with ample parking and access to I-96.
Where is this shopping center located?
The property is located at 47200 - 47340 W Ten Mile Rd Novi, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Neighborhood shopping center retail space built in 1994; Anchored by CVS with a tenant mix that includes medical and retail users; Located at the highly trafficked intersection of Beck Road and Ten Mile Road
More about this property
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