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Property profile & analytics
FOR LEASE
Strip malls

36430 Ford Rd Westland, MI 48185

92,536 SF 9.62 ac lot Built 1994
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-4793026
Property summary
AI-generated overview

City Center Plaza, located at 36430 Ford Rd in Westland, Michigan (zip code 48185), offers a prime retail and restaurant opportunity within a thriving commercial center. This multi-tenant strip center and medical facility boasts a total of 97,670 square feet, with multiple spaces currently available. Units range from a minimum of 1,438 square feet to a maximum contiguous space of 2,686 square feet, providing flexibility for various business needs. Currently, 4,326 square feet are vacant and ready for immediate occupancy. The property benefits from a high volume of traffic due to its strategic location and prominent anchor tenant, Kroger. Other established businesses within the center include DaVida Dialysis, Verizon, and UPS, creating a strong and diverse tenant mix. Ample parking is available for customers and employees, with over 450 parking spaces provided. The property is situated in Wayne County, Michigan, offering easy access to major roadways and a dense population base. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a well-established commercial area. The property is classified as both retail and restaurant space, and also includes a medical subtype.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1994
Total area 92,536 SF
Lot 9.62 ac (419,047 SF)
APN 56 031 99 0013 703
UPID US43-4793026
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
  • Kroger Money Services Bank Credit Union
  • Kroger Floral (Bike/Boat/Book/etc) Store Florist
  • Ria Money Transfer - Kroger Bank Credit Union
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • SNOWFOX Sushi Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.84M
Blend (final) Blend
$12.80M
Owner & transaction history
Suso 4 City Center LP · 11 yrs held
Suso 4 City Center LP
since 2015
2 recorded transactions
2015
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $12.3M +67.2%
Auto repair, garage $10.2M +38.0%
Retail stores $9.9M +34.9%
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More about this property
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