Strip Mall

Novi, MI Strip Malls for Sale

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Wixom, MI South Lyon, MI Northville, MI Walled Lake, MI Commerce Twp, MI Farmington Hills, MI Milford, MI Farmington, MI
Multi-Tenant Strip Mall
Updated: Aug 18
Multi-Tenant Strip Mall

24033-24099 Meadowbrook Rd, Novi, MI 48375

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24,949 sqft 2.70 AC lot
24,949 SF multi‑tenant retail building on 2.7 acres
172 surface parking spaces
11,400+ residents within 1 mile and 69,500+ within 3 miles
66,000+ daytime employees within 3 miles
Average household income exceeds $123,000 within 1 mile
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Tenant Retail Strip Center
Two-Tenant Retail Strip Center

21310 Grand River Ave, Detroit, MI 48219

Contact for pricing
15,894 sqft 1.62 AC lot

Newer two-tenant shopping strip built in 2016 with 100% occupancy on NNN leases.

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Ford Road Redevelopment Opportunity
Ford Road Redevelopment Opportunity

37623 FORD Rd, Westland, MI 48185

$650,000
0.69 AC lot

Property on Ford Road with high traffic volume.

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Retail Strip Mall with Corner Suites
Retail Strip Mall with Corner Suites

32927 Warren Road, Westland, MI 48185

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Six storefront retail strip on a corner lot with active tenants and newly available corner suites.

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Fenkell Avenue Commercial Opportunity
Fenkell Avenue Commercial Opportunity

23261 Fenkell Ave, Detroit, MI 48223

Contact for pricing
10,772 sqft 0.99 AC lot

High-traffic location suitable for showroom, retail, or warehouse use.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land Near US-23
Prime Commercial Land Near US-23

Arkona Road, Milan, MI 48160

$1,900,000
18.53 AC lot

18.53 acre commercial land parcel with US-23 visibility.

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Novi, MI Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 24,949 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 15
Automotive properties 4
Storefront properties 3
Showrooms 2
Banks 1

Demographics Overview

Population 62K
Population Growth (5Y) +11.9%
Median Household Income $124,389
College Educated 67.9%

Taxes & Financing

Tax Rate (average for all types) 4.06%
Property Tax per SF $88.65 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

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