Chesterfield Township - Adult-Use Provisioning Center

56877 Gratiot Avenue Chesterfield, MI 48051

56877 Gratiot Avenue, Chesterfield, MI, 48051
56877 Gratiot Avenue, Chesterfield, MI, 48051 56877 Gratiot Avenue, Chesterfield, MI, 48051
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,000,000
Last Verified:
Jul 08, 2024

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Highlights

  • 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 Fall 2024.
  • 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.

Description

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 Fall 2024.
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.

N/A

Building Size: 3200sq ft
Lot Size: 3.01 acres


Documents

Chesterfield Township - 56877 Gratiot Avenue (Marketing Package)

Map of 56877 Gratiot Avenue, Chesterfield, MI, 48051

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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