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43821 Ford Rd 6,959 SF Retail Building Canton, MI 48187 For Sale
Executive Summary
• Prime NNN Medical Asset: Built in 2012, all-brick and glass retail/office building on a high-visibility corridor with strong income and 24 parking spaces.
• National/Regional Medical Tenant: Henry Ford–GoHealth Urgent Care occupies the main floor. Established, creditworthy operator with 13 Michigan locations and 400+ nationwide through hospital partnerships.
• Value-Add: Upper level includes 1,400 SF of high-end office space suitable for increased income or owner occupancy. Henry Ford-GoHealth pays ALL NNN expenses for the Building.
• Attractive Investment Metrics: Stable tenancy, limited management, and upside through value-add and long-term appreciation.
• Term: 6.5 years remaining on initial 10-year lease with two 5-year renewal options at 10% increases.
• Current NOI: $125,000/year NNN | $137,500/year beginning April 2027.
• Turnkey Condition: Well-maintained asset with minimal anticipated capital expenditures.
• Main Retail Corridor Advantage: Located on Ford Road with strong visibility near Target, Lowe’s, BJ’s, Planet Fitness, Kohl’s, Ulta, and surrounding retail and dining.
• Strong Market Fundamentals: Canton Township median household income is approximately 50% above the Michigan average.
• National/Regional Medical Tenant: Henry Ford–GoHealth Urgent Care occupies the main floor. Established, creditworthy operator with 13 Michigan locations and 400+ nationwide through hospital partnerships.
• Value-Add: Upper level includes 1,400 SF of high-end office space suitable for increased income or owner occupancy. Henry Ford-GoHealth pays ALL NNN expenses for the Building.
• Attractive Investment Metrics: Stable tenancy, limited management, and upside through value-add and long-term appreciation.
• Term: 6.5 years remaining on initial 10-year lease with two 5-year renewal options at 10% increases.
• Current NOI: $125,000/year NNN | $137,500/year beginning April 2027.
• Turnkey Condition: Well-maintained asset with minimal anticipated capital expenditures.
• Main Retail Corridor Advantage: Located on Ford Road with strong visibility near Target, Lowe’s, BJ’s, Planet Fitness, Kohl’s, Ulta, and surrounding retail and dining.
• Strong Market Fundamentals: Canton Township median household income is approximately 50% above the Michigan average.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,959 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
2 Stories
Building FAR
3.20
Lot Size
0.05 AC
Parking
30 Spaces (4.31 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
1 of 2
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43821 Ford Rd
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