31415 FORD RD

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31415 FORD RD

Garden City, MI 48135-1821
Asking Price
$5.29M
Asset Type
Retail
Class
Class B

What's Special

31415 Ford Road is situated in a high-traffic retail corridor in Garden City, Michigan. The property is located along a primary east-west thoroughfare, providing direct access to nearby suburbs and the greater Detroit metropolitan area. The surrounding neighborhood is characterized by a mix of established residential pockets and dense commercial development. Local amenities include numerous national big-box retailers, quick-service restaurants, and professional service offices. The site benefits from multiple ingress and egress points and proximity to major regional arteries, including Venoy Road and M-153. The property is suited for a variety of retail use cases, ranging from showroom space to traditional storefront operations. Given the high daily vehicle counts and visibility, the location is optimal for tenants seeking brand exposure and easy consumer access. Ideal tenant profiles include regional franchises, specialty retailers, or essential service providers such as medical clinics and insurance agencies. The expansive frontage and existing signage infrastructure cater to businesses that rely on consistent drive-by traffic and a stable local customer base within the Wayne County market.

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NOI
$80,000
Cap Rate
1.51%
DSCR
0.25
Underwater
Cash-on-Cash
-14.75%
Monthly Payment
$26,166.537
Annual Cash Flow
$-233,998.445

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