- For Sale $4,500,000
- Property Type Retail - Street Retail
- Property Size 22,509 SF
- Units 1
- Lot Size 2.18 Acre
- Property Tenancy Single Tenant
- Year Renovated 2023
- Date Updated Feb 15, 2024
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Highlights
- Long Term Absolute NNN Lease w/ No Landlord Obligations
- 15 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
False
Contacts
Location
Getting Around
-
Walk Score ®
54/100
Somewhat Walkable
-
Transit Score ®
34/100
Some Transit
-
Bike Score ®
38/100
Somewhat Bikeable
- City Grand Rapids, MI
- Neighborhood West Grand
- Zip Code 49504
- Market Grand Rapids
Points of Interest
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Grand Rapids
2.75 miles
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Shell
0.35 miles
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Mobil
0.54 miles
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Speedway
0.73 miles
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Pacific Pride
0.80 miles
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Shell
0.84 miles
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Marathon
0.94 miles
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Sunoco
0.94 miles
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Meijer
1.08 miles
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Admiral
1.20 miles
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Marathon
1.29 miles
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Ramp 7
1.83 miles
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Area 7
1.88 miles
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Ramp 8
1.91 miles
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Area 9
1.92 miles
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Ramp 6
1.97 miles
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Grand Valley State University Pew Campus Parking
2.08 miles
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Museum Parking
2.10 miles
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Seidman Lot
2.29 miles
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Area 3
2.35 miles
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Sneden Hall Parking Ramp
2.35 miles
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twisters ice cream
0.58 miles
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Taco Bell
0.72 miles
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Arnie's
0.84 miles
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Mr Gyros
0.86 miles
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Lucy's Cafe
0.88 miles
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Wendy's
0.93 miles
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Papa John's
1.06 miles
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New Great Wall Buffet
1.11 miles
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Brickyard Tavern
1.13 miles
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Arby's
1.14 miles
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Creston Market
0.79 miles
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Meijer
1.13 miles
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Bridge Street Market
1.68 miles
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Kohl's
1.84 miles
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Target
1.94 miles
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Family Fare
2.08 miles
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Grand Central Market
2.20 miles
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Fulton Street Farmer’s Market
2.92 miles
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Walmart Supercenter
2.96 miles
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Family Fare
3.03 miles
Frequently Asked Questions
What is the lease rate for Cookies - Cannabis Retail & Manufacturing Processing Facility?
Rental asking rate at Cookies - Cannabis Retail & Manufacturing Processing Facility is $2,250,000.00/YR.
What is the total square footage of Cookies - Cannabis Retail & Manufacturing Processing Facility?
Cookies - Cannabis Retail & Manufacturing Processing Facility totals 22,509 square feet.
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