39825 Frd Rd Canton, MI 48187-4319

This exceptional investment opportunity presents a newly constructed, 10,700-square-foot multi-tenant shopping center in Canton, Michigan. Located at 39825 Ford Rd, 48187, this property boasts a prime location within a thriving retail corridor, directly adjacent to a Home Depot and benefiting from high visibility on Ford Road (46,252+ vehicles per day) and additional access from N Lotz Road (12,051+ VPD). The single-story building, constructed in 2023, is currently 100% occupied by five tenants under recently executed ten-year lease agreements: Mattress Firm, Domino's Pizza, Aussie Grill, Poke Poke, and Knockouts. This NNN-leased property offers a strong 6.75% cap rate and a compelling price per square foot of $499.55. The 1.8-acre lot provides ample parking and convenient access for customers. With a population of 235,279 within a five-mile radius, this shopping center benefits from a substantial and densely populated customer base. This offering represents a rare chance to acquire a newly built, multi-tenant retail center with long-term leases in a highly desirable Metro-Detroit location. The asking price is $5,345,185.