Retail    

High Profile Cannabis Dispensary

 Webberville, MI

 

Price: $1,815,884
Cap Rate: 9.50%
Avg. Cap Rate Over Base Term: 10.28%

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Lease Type

Absolute NNN

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Ownership Interest

Fee Simple

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Adjacent to

ALDI Dist. Facility

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2023 Average HHI

$123K+ (5 Miles)

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GLA (SF)

3,192

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Attractive Annual Rent Increases
  • Adjacent to the only ALDI Distribution Facility in the State
  • Incredibly Healthy Rent to Sales
  • Located in Affluent Trade Area
  • Recently Constructed & Low Rent Compared to Other Cannabis Offerings
  • Proximity to I-96 
  • Top U.S. Cannabis Market

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   

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   

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