Log In/Sign Up
Your email has been sent.
43480 Ford Rd
Canton Township, MI 48187
Fresh Thyme Farmers Market · Retail Property For Sale


Investment Highlights
- Long-Term Lease with Upcoming Bump | Minimal Landlord Responsibilities
- Below Replacement Cost
- Strong Retail Corridor
- Meijer Subsidiary - Midwestern Grocer
- High Visibility & Access w/ 52K+ VPD
- Dense, Affluent Demographics
Executive Summary
CBRE’s Net Lease Property Group—Midwest is pleased to present qualified individuals with the opportunity to acquire 100% fee interest in a freestanding Fresh Thyme located at 43480 Ford Rd in Canton, MI (the “Property”). The original fifteen-year lease has over five years of term remaining, with a healthy 10% rental increase in June 2027 and in each of the four, five-year extension options. The lease is guaranteed by Lakes Venture LLC, the operating all Fresh Thymes and a direct subsidiary of Meijer.
Fresh Thyme is strategically positioned at the Northwest corner of the signalized intersection of Ford Road and Morton Taylor Road, boasting combined traffic counts of over 52,400 vehicles per day. The site is easily accessible via three dedicated curb cuts along Ford Road and Morton Taylor Road. This site is located along a prominent retail corridor with national tenants including Target, BJ’s Wholesale Club, Lowe’s, Kohl’s, Kroger, IKEA, Petco, and Planet Fitness.
Fresh Thyme Farmers Market is a full-service, natural and specialty grocer offering a farmer’s market concept with nutritious options at an affordable price and the convenience of a neighborhood store. Fresh Thyme’s extensive produce department offers organic and local fruits and vegetables. Other products throughout the store include natural meat raised without hormones, seafood, hearty breads, delicious treats from local artisan bakeries, barrels of natural and organic bulk foods, earth-friendly cleaning supplies, and gluten-free and dairy-free options among many others. The company was founded in 2012 and has had substantial growth throughout the Midwest with approximately 70 stores across 10 states.
Fresh Thyme is strategically positioned at the Northwest corner of the signalized intersection of Ford Road and Morton Taylor Road, boasting combined traffic counts of over 52,400 vehicles per day. The site is easily accessible via three dedicated curb cuts along Ford Road and Morton Taylor Road. This site is located along a prominent retail corridor with national tenants including Target, BJ’s Wholesale Club, Lowe’s, Kohl’s, Kroger, IKEA, Petco, and Planet Fitness.
Fresh Thyme Farmers Market is a full-service, natural and specialty grocer offering a farmer’s market concept with nutritious options at an affordable price and the convenience of a neighborhood store. Fresh Thyme’s extensive produce department offers organic and local fruits and vegetables. Other products throughout the store include natural meat raised without hormones, seafood, hearty breads, delicious treats from local artisan bakeries, barrels of natural and organic bulk foods, earth-friendly cleaning supplies, and gluten-free and dairy-free options among many others. The company was founded in 2012 and has had substantial growth throughout the Midwest with approximately 70 stores across 10 states.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
28,939 SF
Building Class
B
Year Built
2017
Price
$12,502,970 CAD
Price Per SF
$432.05 CAD
Cap Rate
7.75%
NOI
$968,966 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
2.58 AC
Zoning
C-2 - C2
Parking
125 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 71-040-99-0006-710 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,412,188 CAD |
Property Taxes
Parcel Number
71-040-99-0006-710
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,412,188 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
