Retail    

Cloud Cannabis

 Cedar Springs, MI

Price:
$2,000,000

Cap Rate:
9.00%

Avg. Cap Rate:
10.76%
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Lease Type

Abs NNN

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Rental Increases

2.50% Annually

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Year Renovated

2022

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Building Size

±3,617 SF

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Lot Size

±1.19 Acres

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long-Term, 15-Year, Absolute NNN Lease with Attractive 2.50% Annual Increases
  • Corporate Guaranty by Vertically Integrated, Established Operator | 9 Retail Locations in Michigan & 70K SF Grow Facility in Kalamazoo
  • 2022 Renovation | State-of-the-Art Facility
  • Strong Performing Location
  • New Location at Signalized Intersection

Exclusively Listed By

Christian Tremblay

Vice President
  ctremblay@northmarq.com      +1 201.919.6148

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   
MI Broker #6506047670

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Jack Collins

Senior Associate
  jcollins@northmarq.com   

Josh Dicker

Senior Analyst
  jdicker@northmarq.com   

Nick O'Brien

Senior Analyst
  nobrien@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

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