43821 Ford Rd - Freestanding FOR SALE


Canton, MI 48187
$2,495,000 USD
248-417-7150
43821 Ford Rd, Canton, MI for Sale
$2,495,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

43821 Ford Rd
Canton, MI 48187


OVERVIEW

• 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 15 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 – September 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. • Asking Price: $2,495,000.00

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$359 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,908 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ben HubertColliersMore Info
248-417-7150

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Ben HubertColliersMore Info
248-417-7150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.