Chesterfield, MI – Adult-Use Provisioning Center / Retail Building

56877 Gratiot Avenue, New Baltimore, Chesterfield, Michigan, USA
$1,500,000

Details

Listing 5015

Asking Price: $1,500,000 (Seller Financing Available)

Property 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 first quarter of 2025.
  • 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.

Corbin Yaldoo – C3 CRE, LLC – DRE# 6501364626

  • ID: 11615
  • Published: July 9, 2024
  • Last Update: September 26, 2024
  • Views: 2760

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