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Single-Tenant NNN Ground Lease
For Sale
Contact for pricing

37500 Ford Road, Westland, MI 48185

Fee simple interest includes scheduled rent increases and no landlord responsibilities.

Property SizeContact for details
Lot Size0.86 Acres
Days on Market146

Property Features for 37500 Ford Road

General Information

Standard status Active
Lot size 0.86 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Alpha Real Estate exchange
Listed By: Albert J. Haddad · License #MI
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:18AM

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 Alpha Real Estate exchange

Investment Insights

Based on property information with market context.

This fee simple NNN property is structured as a single-tenant ground lease occupied by Taco Bell of America, LLC. The lease has almost 20 years remaining, with rental increases scheduled every 5 years and additional increases during four 5-year option periods. The lease structure assigns no landlord responsibilities.

The 0.863-acre site is positioned at the northwest quadrant of Ford Road and Newburgh Road in Westland, Michigan. Ford Road carries an average of 38,327 vehicles per day in front of the property, while Newburgh Road averages a combined 24,670 vehicles per day. I-275 is 1.6 miles away and averages 151,517 vehicles per day.

Nearby national and local credit tenants include Kroger, Lowe's, Meijer, Value City Furniture, McDonald's, Walmart, and Target. More than 101,000 people live within a 3-mile radius, where the median household income exceeds $56,000.

Key Highlights

  • Single‑tenant ground lease occupied by Taco Bell of America, LLC
  • Almost 20 years remaining on the ground lease
  • Four additional 5‑year option periods with scheduled rental increases

Property Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Hair Salon Spa & Massage Center

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby
156k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Groceries 34% Shops & Services 27% Electronics 2%
Kroger Groceries
52,803 visits/mo 0.4 miles
Texas Roadhouse Dining
35,278 visits/mo 0.3 miles
Exxon Shops & Services
17,681 visits/mo 0.5 miles
Shell Shops & Services
12,118 visits/mo 0.1 miles
Taco Bell Dining
10,094 visits/mo 0.1 miles

Demographics for 48185, MI

49,730
Population
23,554
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
4,076
Density / Sq Mi
$59,085
Median Household Income
$40,435
Median Earnings
$1,123
Median Rent
$183,500
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
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Frequently Asked Questions

What type of property is this?
NNN property - Fee simple interest includes scheduled rent increases and no landlord responsibilities.
Where is this nnn property located?
The property is located at 37500 Ford Road Westland, MI.
What are key features of this property?
This property features: Single‑tenant ground lease occupied by Taco Bell of America, LLC; Almost 20 years remaining on the ground lease; Four additional 5‑year option periods with scheduled rental increases
More about this property
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