7329 N Lilley Rd

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7329 N Lilley Rd

Canton, MI 48187
Asking Price
$500K
Asset Type
Retail
Class
Class B

What's Special

Situated at 7329 N Lilley Road in Canton, Michigan, this retail property is located along a primary north-south commercial corridor. The surrounding neighborhood is characterized by a mix of established residential subdivisions and active retail centers. The site offers proximity to major retailers and dining options concentrated along Ford Road, a significant regional thoroughfare. Transportation access is provided via a network of local roads with convenient connectivity to both I-275 and M-153 (Ford Road), facilitating regional transit from nearby suburbs and the greater Detroit metropolitan area. The property is well-suited for diverse retail uses, such as boutique storefronts, service-oriented businesses, or specialized fitness studios. Its placement within a high-traffic suburban trade area makes it a viable location for service providers that benefit from neighborhood visibility. Typical tenants for this asset profile include local entrepreneurs, franchise operators, and professional service firms seeking a functional footprint in a stable residential community. The building’s layout supports flexible configurations to accommodate various commerce or workspace requirements.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211

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