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Property profile & analytics
FOR LEASE
Strip malls

42400 Ford Rd Canton, MI 48187

20,839 SF 1.72 ac lot Built 1973
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1097222
Property summary
AI-generated overview

This exceptional Class A retail storefront, located at 42400 Ford Rd in Canton, Michigan 48187, offers 2,800 square feet of immediately available space within the larger Canton Corners complex. The entire complex totals 19,460 square feet, providing ample opportunity for synergy and shared clientele. This property boasts a desirable location in Canton, MI, situated on a 1.72-acre lot. The building underwent renovations in 2010, ensuring modern amenities and a well-maintained structure. The space is ideal for a variety of retail uses and benefits from high visibility and convenient access. The multiple tenancy structure of Canton Corners creates a vibrant and thriving retail environment. This is a fantastic opportunity for businesses seeking a high-quality, well-located storefront in a bustling commercial area. The property's Class A designation reflects its superior construction, design, and amenities. With ample parking and excellent visibility from Ford Road, this space is poised for success. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The available space is 2,800 square feet, part of a larger 19,460 square foot building. The property is conveniently located and offers a strong potential for growth.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 20,839 SF
Lot 1.72 ac (74,923 SF)
Zoning code C-3
APN 71 043 99 0010 003
UPID US43-1097222
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
  • Visionworks Canton Corners Physician
  • Dr. Timothy Schrot Physician
  • Carlos Montanez-Lopez Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.26M
Owner & transaction history
Canton Corners Co LLC · 17 yrs held
Canton Corners Co LLC
since 2009
7 recorded transactions
2017
Price N/A
2013
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.5M +110.2%
Office building $2.8M +67.2%
Auto repair, garage $2.3M +38.0%
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