Chesterfield Township - Adult-Use Provisioning Center

CannaMLS ID: 13428
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Price: $1,500,000


Listing Details


Listing Category
Dispensary

License Status
Municipal / local license granted

Adult Use
YES

Price: $1,500,000

Listing Status: For Sale

  • Adult-Use Provisioning Center available for sale - includes the Adult-Use License and Leasehold Rights (Real Estate Excluded).
  • It is 1 of 4 Provisioning Center licenses issued in the limited market of Chesterfield Township. 
  • A long-term Lease is in place for 20 years and starts at $16,670 per month + NNN with annual increases.
  • Currently under construction, this ground-up building will be delivered in white-box form and will be ready for immediate Tenant work and branding by first quarter of 2025.  
  • This freestanding building features prominent signage and 50 parking spaces. In addition, the Landlord will be building a 2nd retail building behind the site with its own parking lot that will bring a co-tenancy synergy to the site.
  • Located on the heavily traveled Gratiot Avenue, with a daily traffic count of 19,816+ vehicles per day, offering excellent brand exposure and plenty of daytime traffic. 
  • Great synergy in the immediate marketplace surrounded by a dense residential population and several national tenants.

 

View Marketing Package Here


Listing Details

Listing Status
For Sale

Location
Chesterfied, Michigan 48051

Date Listed For Sale:
7/8/2024

Date Last Updated:
9/26/2024

Property Details

Buiding Size (sq ft)
3200 sq ft

Lot Size (acres)
0 acres

Pricing Details

Listing Price
$1,500,000

Seller Financing Available?
YES

Property Purchase Price
$1,500,000

Property Lease Rate
$16,670/month

Lease Terms:

A long-term Lease is in place for 20 years and starts at $16,670 per month + NNN with annual increases.


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