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Remodeled Retail Space
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42418 Ford Rd, Canton, MI 48187

Retail space in a C-3 shopping center with established restaurant and service co-tenants.

Space SizeContact for details
Property Size22,243 SF
Days on Market1078

Property Features for 42418 Ford Rd

General Information

Standard status Active
Size 22,243 SF
Property subtype Office
Zoning C-3

Building Details

Building Size 22,243 SF
Buildings 1
Stories 1
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: George Sheena · License #6501451319
Source: Cpix.resimplifi
Added: Sep 18, 2023 Changed: Aug 29 Last Checked: Aug 29 at 5:56PM

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 Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

This 22,243-square-foot retail space is located within a recently remodeled shopping center featuring an updated facade and parking lot. The property is zoned C-3 and includes established co-tenants such as Visionworks, Chipotle, Little Caesars, Basement Burger Bar, and Jersey Mike’s.

The center occupies the northwest corner of Ford Road and Lilley Road along a major Michigan commercial corridor. Nearby retailers include Crate & Barrel Outlet, BJ’s Wholesale Club, HomeGoods, Target, Marshalls, Meijer, Lowe’s, and Michigan’s only Ikea. The property receives exposure to more than 30,000 cars daily.

Key Highlights

  • 22,243‑square‑foot retail space
  • C‑3 zoning
  • Recently remodeled shopping center with new facade and parking lot

Property Analytics

Current Use

Retail space

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby
633k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Shops & Services 27% Home Improvements & Furnishings 22% Apparel 10%
IKEA Home Improvements & Furnishings
97,826 visits/mo 0.5 miles
Hobby Lobby Shops & Services
42,285 visits/mo 0.1 miles
Marshalls Apparel
40,694 visits/mo 0.3 miles
HomeGoods Home Improvements & Furnishings
35,016 visits/mo 0.1 miles
Speedway Shops & Services
34,181 visits/mo 0.1 miles

Demographics for 48187, MI

52,498
Population
20,548
Households
2.6
Avg Household Size
39
Median Age
53%
College-Educated
95%
High-School Grad
18.1 sq mi
ZIP Area
2,900
Density / Sq Mi
$117,980
Median Household Income
$60,137
Median Earnings
$1,435
Median Rent
$341,400
Median Home Value

Market

Lease Benchmarks for Canton, MI

$14.89 /SF/Yr
Avg Asking Price
$4.6–$33 /SF/Yr
Price Range
25,011 SF
Avg Space Size

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?
Retail space - Retail space in a C-3 shopping center with established restaurant and service co-tenants.
Where is this retail space located?
The property is located at 42418 Ford Rd Canton, MI.
What are key features of this property?
This property features: 22,243‑square‑foot retail space; C‑3 zoning; Recently remodeled shopping center with new facade and parking lot
More about this property
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