Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5773 N Canton Center Rd, Unit 200 Canton, MI 48187

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $875 /Mo

    Office suites for rent in a convenient Canton Township location.

    Lot size:
    0.53 Acres

    Property Features for 5773 N Canton Center Rd

    General Information

    Lot size
    0.53 Acres

    Building Details

    Year built
    1993

    We can help!

    Listing Contact
    Yousef Beydoun
    Source: Elliman

    Listing Agent: Yousef Beydoun

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Canton Township Office Suites Available

    Located in the heart of Canton Township, this property offers a leasing opportunity with multiple office suites available. The location is conveniently situated just off heavily traveled Ford Road. On-site parking is ample. Signage opportunities are available. The property includes a common area kitchen and break room.
    Location Intelligence

    Current Use by Public Records

    Steve Virant - State ... Insurance Agency Goodwin, Gillis & Heck, ... Estate Planning Attorney Real Estate Pro Commercial Real Estate Agency Criticore Staffing Agency Temp Agency Family And Couple Therapy ... Marriage Or Relationship Counselor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.488064
    Latitude
    42.325915

    Nearby Similar for Lease

    • $1,900 /Mo
      1,331 SF

      Canton Office Space For Rent

      Well-maintained office suite with private entry and ample parking.
      5820 N Canton Center Rd, Canton, MI 48187
      View Details
    • $2,500 /Mo

      Move-In Ready 3-Bedroom Condo

      Beautiful end-unit condo with modern amenities and community features.
      45762 S Stonewood Rd, Canton, MI 48187
      View Details
    • $2,200 /Mo

      Luxurious Condo with Abundant Amenities

      Stunning 2-bedroom condo with access to a 20,000+ sq ft clubhouse.
      45735 Graystone Ln, Canton, MI 48187
      View Details
    • $20 SF/Yr
      15,000 SF

      Canton Office Building: Mixed-Use Opportunity

      Downtown Canton, MI: Live/Work Spaces Available
      50409 Independence St, Canton, MI 48188
      View Details
    • $40 SF/Yr
      4,850 SF

      Canton Medical Office Space For Lease

      Prime Canton location, multiple suites available.
      46660 Michigan Ave, Canton, MI 48188
      View Details
    • $9 SF/Yr
      74,294 SF

      Haggerty III Corporate Park Warehouse

      Canton, MI Warehouse Space Available
      41743 Haggerty Cir, Canton, MI 48188
      View Details
    • $9 SF/Yr
      20,000 SF

      Canton Industrial Space for Lease

      20,000 SF Manufacturing/Warehouse
      7763 Haggerty Rd, Canton, MI 48187
      View Details
    • $16 SF/Yr
      2,650 SF

      Retail Space in Canton Center

      Retail space available in a busy Canton shopping center.
      4011-4071 S Canton Center Rd, Canton, MI 48188
      View Details
    • $2,000 /Mo
      760 SF

      Canton Office Suite For Lease

      760 sq ft office suite with private entrance.
      42448 Cherry Hill Rd, Canton, MI 48187
      View Details
    • $3,999 /Mo

      Turnkey Car Wash Space Available

      Car wash space for lease in established automotive plaza.
      42637 Joy Rd, Canton, MI 48187
      View Details
    • $32 SF/Yr
      19,460 SF

      Canton Retail Space For Lease

      Prime Canton storefront, 2,800 sq ft available.
      42400 Ford Rd, Canton, MI 48187
      View Details
    • $24 SF/Yr
      7,050 SF

      Canton Retail Center - 7,050 SF

      High-visibility retail space, 11 acres, fully vacant.
      360 Lilley Rd, Canton, MI 48188
      View Details

    FAQs

    What type of property is this?
    Office space - Office suites for rent in a convenient Canton Township location.
    Where is this office space located?
    The property is located at 5773 N Canton Center Rd, Unit 200 Canton, MI.
    What are key features of this property?
    This property features: - Prime location in the heart of Canton Twp.; - Convenient access off heavily traveled Ford Road.; - Ample on-site parking.
    (313) 525-1101
    Request Owner's contact information
    5773 N Canton Center Rd, Unit 200 Canton, MI 48187
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5773 N Canton Center Rd, Unit 200
    Canton, MI 48187
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5773 N Canton Center Rd, Unit 200 Canton, MI 48187
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Yousef Beydoun
    Real Estate License ID: 6501354088
    (313) 525-1101
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.