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Cannabis Cultivation Facility

1009 Industrial Blvd, Albion, MI 49224

For Lease
$6,250/Mo

Installed grow lighting, distributed electrical service, and partially completed office and restroom areas are in place.

Space SizeContact for details
Days on Market16

Property Features for 1009 Industrial Blvd

General Information

Standard status Active

Building Details

Year Built 1997
Listing Agency: C3 CRE, LLC
Listed By: Corbin Yaldoo · License #MI 6502431997
Source: Metrodetroithomeguide
Added: Oct 25 Changed: Nov 3 Last Checked: Nov 8 at 6:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C3 CRE, LLC

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Investment Insights

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This 16,800-square-foot cultivation property was built in 1997 and includes 370 flower lights and 102 veg lights. Electrical service is distributed through the veg area, with panels installed and most cameras already in place. Underground plumbing is installed, while the office and restrooms are close to completion; part of the exterior has been painted.

The site is in Albion, with access to I-94 and a surrounding mix of residential and commercial uses. The property may also accommodate traditional industrial use. A cannabis license is not included, and a new operator must apply through the City of Albion.

Key Highlights

  • 16,800‑square‑foot cultivation facility built in 1997
  • 370 installed flower lights and 102 veg lights
  • Electrical distributed through veg area; panels installed and most cameras in place

Property Analytics

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Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 49224, MI

13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Cannabis property - Installed grow lighting, distributed electrical service, and partially completed office and restroom areas are in place.
Where is this cannabis property located?
The property is located at 1009 Industrial Blvd Albion, MI.
What is the lease rate?
The lease rate is $6,250/Mo.
What are key features of this property?
This property features: 16,800‑square‑foot cultivation facility built in 1997; 370 installed flower lights and 102 veg lights; Electrical distributed through veg area; panels installed and most cameras in place
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