Dunegrass & Roasted Café 

 Cadillac, Michigan 

Price: $1,680,000

Cap Rate (Year 1): 10.00%

Cap Rate (Avg): 11.46%


Icon-Zero Cash Flow


Unit-Level Sales


3.00% Annual

Rent Increases



NNN Leases



2022 Renovation


Limited Licenses


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  • Exceptional Unit-Level Sales 
    Incredibly strong unit-level sales. Call broker for details.
  • Rapidly Expanding Tenant 
    Successful, growing concept with six locations and more on the way.  
  • Growing Industry
    In 2021 sale of cannabis exceeded $23 billion in the United States. 
  • Top U.S. Cannabis Market
    Michigan is the second largest cannabis market in the U.S. with reported cannabis sales of $1.8 billion.
  • Recently Renovated Building
    Building was fully renovated in 2022, including new roof, mechanical, electrical, flooring, paint, ceiling and facade.

  • 3.00% Annual Rental Increases
    Annual rent to increase by over 30% during the Base Lease Term.
  • 10-Year NNN Leases
    Leases are NNN, with minimal Landlord obligations offering a passive investment opportunity. 
  • Limited Local Competition Via Licensing Regulations
    A max of two dispensaries are permitted within Cadillac city limits, and surrounding townships have voted to not permit any dispensaries. 
  • "Social District" Location
    Property is within Cadillac’s Social District, which allows for outdoor consumption of alcoholic beverages within the designated social boundaries of downtown, a major tourist attraction and draw for local bars & restaurants. 


Exclusively Listed By

Brandon Duff

Senior Vice President & Managing Director      +1 312.240.0162

Mackenzie Wolfgram

Associate Vice President      +1 312.777.2454

Tom Fritz

Senior Vice President & Managing Director   

Matt Spangenberg

Senior Associate   

Austin Duff

Senior Associate   

Brandt Fuller

Senior Analyst   

In Association With
Melissa McKenzie

Michigan Broker #6502387293


303 E. Wacker Drive, Suite 1111
Chicago, IL 60601