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Property profile & analytics
OFF-MARKET
Neighborhood centers

42053 Ford Rd Canton, MI 48187

28,680 SF
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity is located at 42053 Ford Road in Canton, Michigan, 48187, within the Wayne submarket of Wayne County. The Canton Shopping Center boasts a total of 28,680 square feet, situated on a 2-acre lot with ample parking for 325+ vehicles. Currently, there are four available spaces ranging in size from 1,107 square feet to 13,000 square feet, with a total of 1,680 square feet currently vacant. The property enjoys a prime location, directly across from IKEA, and benefits from strong co-tenancy with established businesses such as ALDI, BD's Mongolian BBQ, Chuck E. Cheese, and L'Espriti Beauty Academy. Recent improvements include new signage and enhanced accessibility, making this a highly attractive proposition for prospective tenants. The property's address is conveniently situated at the intersection of Ford Road and Lilley. This thriving retail center presents a compelling investment opportunity with significant potential for growth and return. The property's total square footage is 28,680 square feet.

Property profile
Verified
Property type Neighborhood centers
Total area 28,680 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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