Retail    

High Profile Cannabis Dispensary

 Kalamazoo, MI

 

Price: $1,173,571
Cap Rate: 10.00%
Avg. Cap Rate Over Base Term: 10.41%

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Lease Type

Absolute NNN

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Ownership Interest

Fee Simple

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Population

152K+ (5 Miles)

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Average HHI

$81K+ (1 Mile)

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GLA (SF)

2,600

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Annual Increases 
  • Low Rent Compared to Other Cannabis Offerings 
  • Incredibly Healthy Rent to Sales 
  • Excellent Visibility & Close Proximity to Highway Systems

  • Dense Retail Corridor Near Crossroads Mall & Southland Shopping Center
  • Top U.S. Cannabis Market 
  • Densely Populated Trade Area & College Town

Exclusively Listed By

Christian Tremblay

Vice President
  ctremblay@northmarq.com      +1 201.919.6148

BJ Feller

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

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com      +1 773.963.2637

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Blaise Bennett

Associate Vice President
  bbennett@northmarq.com   

Jack Collins

Associate Vice President
  jcollins@northmarq.com   

Josh Dicker

Senior Associate
  jdicker@northmarq.com   

Robin Borgeson

Associate
  rborgeson@northmarq.com   

Sam Ray

Associate
  sray@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

Northmarq

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