NNN Licensed Cannabis Grow Facility
45556 Woodward Ave
Pontiac, MI 48341
FOR SALE
Property Type:
Other HospitalityAmount:
$1,650,000
Last Verified:
Aug 14, 2024Daily Email Blast
0 times
Highlights
- 6,000-Square Foot Single-Tenant Net Lease Grow Facility (50’ x 120’)
- New 2018 Construction | 0.47 Acre Parcel
- Block & Brick Construction with Brand New Parking Lot
- NNN Lease | No Landlord Responsibilities | Tenant Pays Direct
- $2 PSF Rent Increases Annually in Base Term ($4 PSF in 1st Option)
- Rubber Roof with 10-Year Firestone Warranty
- Located on Woodward Ave | Directly Across from the M-1 Concourse
- 4 New HVAC Units in 2018 | 4 New HVAC Units in 2022
- Personal Guaranty from Operator (FJF Enterprises, LLC)
- Property is Grandfathered For Grower License
- Includes 3 Separate Caregiver License for 216 Plants
- 30 Surface Parking Spaces | Great Frontage and Visibility
- Close Proximity to St Joe’s Hospital and Downtown Pontiac
- Great Frontage and Visibility on Woodward Avenue (I-75)
- Woodward Avenue Features over 26,000 Vehicles Traveling Per Day
- Dense Demographics | Over 9,000 People Within 1 Mile Radius
- Over 155,000 People in 5-Mile Radius | $101k Income in 5-Mile Radius
- Located in Oakland County | One of Highest Income Counties in USA
Description
6,000-Square Foot Single-Tenant Net Lease Grow Facility (50’ x 120’)
Located in Oakland County on Busy Woodward Avenue
Year Built: 2018
Building Size: 6000sq ft
Lot Size: 0 acres