- For Sale $1,495,000
- Property Type Retail
- Property Size 2,029 SF
- Lot Size 0.21 Acre
- Cap Rate % 10
- Year Built 1953
- Date Updated Apr 6, 2026
Description
This is a rare investment opportunity to acquire a high-performing Noxx Cannabis retail location in Grand Rapids, Michigan, offered as a sale-leaseback with a 15-year absolute NNN lease in place. Positioned along a high-traffic corridor, this property benefits from exceptional road visibility, strong consumer demand, and special land use approval for cannabis retail, making it a highly sought-after asset in a competitive market.
▪ 15 year Lease Term ▪ Special Land Use ▪ Zero Landlord Responsibilities ▪ Densely Populated ▪ Excellent Road Visibility & Signage
Traffic Counts
Plainfield Ave NE - 8,940 + cpd
Leonard St NE - 15,572+ cpd
False
Contacts
Joe Qonja
OnQ Commercial Real Estate
Leo Allus
OnQ Commercial Real Estate
Location
Located at 1234 Plainfield Ave NE, Grand Rapids, MI 49505, this property is part of the Creston neighborhood and Grand Rapids market.
Contact 1234 Plainfield Ave NE
