Cookies - Cannabis Retail & Manufacturing Processing Facility
330 Ann St W
Grand Rapids, MI 49504
FOR SALE
Property Type:
Street RetailAmount:
$3,525,000
Last Verified:
Oct 14, 2024Daily Email Blast
0 times
Highlights
- Long Term Absolute NNN Lease w/ No Landlord Obligations
- 10 Year Lease w/ 3% Annual Increases in Term & Option Periods
- Exclusive Cookies License Serving the Grand Rapids MSA as Only Site to Sell Cookies Cannabis
- The Location Serves as Walk Up and Delivery Retail Adult Use Recreational & Processing Facility; Manufacturing and Packaging Products Onsite
- 22,509 SF Building on 2.18 Acres - Completely Renovated in 2023
- Low Price Per SF of $199 SF - Below Replacement Value
- Low Rent of $16 SF - 2 to 3 Times Lower Than Cannabis Market Rental Rates
- 16,000+ VPD - High Traffic Counts and Entrance/ Exit to Highway
- Experienced Cannabis Tenant/ Operator with 3 Total Sites in Grand Rapids
Description
Long Term Absolute NNN Lease w/ No Landlord Obligations
10 Year Lease w/ 3% Annual Increases in Term & Option Periods
Exclusive Cookies License Serving the Grand Rapids MSA as Only Site to Sell Cookies Cannabis
22,509 SF Building on 2.18 Acres - Completely Renovated in 2023
Low Price Per SF of $199 SF - Below Replacement Value
16,000+ VPD - High Traffic Counts and Entrance/ Exit to Highway
.
Building Size: 22509sq ft
Lot Size: 2.18 acres
