Listing ID : 887296
Listed On March 3, 2025 47
Listing Updated March 3, 2025
Lease Option: $795,000.00 License Acquisition W/ $24,500/mo. NNN Lease
Purchase Option: $3.8m W/ Seller Financing Available (Includes Real Estate)
Attention cannabis operators, please take a look at this offering for a high-end turnkey dispensary right off of M-24 that sees over 23,000 vehicles on a daily basis, making this one of the highest trafficked dispensary locations in the state of Michigan. This location is 1 of only 4 locations allowed in this municipality, and is less than 0.5 miles away from the bustling downtown. The store is not yet operational, but the transaction can include the license and the real estate, license acquisition the long-term lease, or license acquisition, lease and option to purchase the real estate.
This brand new 3,440 sq/ft building is tailormade for a high-volume store. It is situated on a full acre lot, with over 60 parking spaces. The product room showcases 10+ potential POS stations and beautiful 20 ft. ceilings for plenty of product display. It also has two curb cuts off the busy Lapeer Rd., and a wrap around driveway behind the store to control the flow of traffic and keep cars coming in and out. Oakland county is one of the most sought after municipalities in the state for it’s strong average income ($80k+), high population (1.27m people), stable real estate value, and limited cannabis competition.
The seller is looking to sell outright, however for the right purchaser the seller is open a variety of options including 1) seller financing on a short to midterm note 2) long-term lease w/ license acquisition, or even 3) Lease with license acquisition and option to purchase the real estate… all depending on the terms.
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