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43435-43465 Ford Rd 36,601 SF 100% Leased Retail Building Canton, MI 48187 $7,999,999 ($218.57/SF) 7.09% Cap Rate



INVESTMENT HIGHLIGHTS
- Heavy Traffic Count
- National Tenants
- Lots of Parking
EXECUTIVE SUMMARY
Fully Leased 20 year tenant occupancy for sale with (2) 5 Year Options for renewal for sale in the heart of Canton, MI
This Retail Trophy Asset has two national tenants with 20 year tenancy.
(2) Additional Five year lease renewal options for each tenant.
Great Visibility
Fully Leased
Very High Traffic Counts
New Roof 2021
20 Year tenant occupancy
(2) 5 Year renewal options
New Landscaping 2024
Parking lot updates 2024
Abundant Parking
150 Parking Spaces
This Retail Trophy Asset has two national tenants with 20 year tenancy.
(2) Additional Five year lease renewal options for each tenant.
Great Visibility
Fully Leased
Very High Traffic Counts
New Roof 2021
20 Year tenant occupancy
(2) 5 Year renewal options
New Landscaping 2024
Parking lot updates 2024
Abundant Parking
150 Parking Spaces
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
36,601 SF
Building Class
B
Year Built/Renovated
1983/2007
Price
$7,999,999
Price Per SF
$218.57
Cap Rate
7.09%
NOI
$566,818
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.28
Lot Size
2.97 AC
Zoning
C-2
Parking
150 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 71-057-99-0001-710 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,789,100 |
PROPERTY TAXES
Parcel Number
71-057-99-0001-710
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,789,100
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43435-43465 Ford Rd
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