Freestanding Cannabis
For Sale
Contact for pricing
110 Clarence F Warner Dr, Monroe, OH 45050
Single-tenant medical marijuana facility supported by an absolute NNN lease and long-term occupancy commitment.
Property SizeContact for details
Days on Market142
Property Features for 110 Clarence F Warner Dr
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Cincinnati
Listed By:
Chris Prosser, CCIM · License #OH SAL.0000443707
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 5:48PM
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 CBRE - Cincinnati
Investment Insights
Based on property information with market context.
This freestanding medical marijuana dispensary is being developed as a single-tenant building measuring approximately 5,005 square feet. Construction is planned on a self-contained single-acre site, with estimated rent commencement in February 2023. Shangri-La Dispensaries is identified as the tenant.
The property is located at 110 Clarence F. Warner Drive in Monroe, Ohio, just off SR-63. The lease provides a firm 10-year initial term, two percent annual base-rent increases during that period, and two additional five-year options. Under the absolute NNN structure, the tenant coordinates repair and replacement obligations, leaving no owner responsibilities for those items.
The property is located at 110 Clarence F. Warner Drive in Monroe, Ohio, just off SR-63. The lease provides a firm 10-year initial term, two percent annual base-rent increases during that period, and two additional five-year options. Under the absolute NNN structure, the tenant coordinates repair and replacement obligations, leaving no owner responsibilities for those items.
Key Highlights
- Approximately 5,005 square feet in a single‑tenant building
- Self‑contained single‑acre site just off SR‑63
- Medical marijuana dispensary under construction
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 45050, OH
12,173
Population
4,395
Households
2.8
Avg Household Size
38
Median Age
42%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
1,449
Density / Sq Mi
$104,519
Median Household Income
$53,785
Median Earnings
$1,519
Median Rent
$273,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Single-tenant medical marijuana facility supported by an absolute NNN lease and long-term occupancy commitment.
Where is this cannabis property located?
The property is located at 110 Clarence F Warner Dr Monroe, OH.
What are key features of this property?
This property features: Approximately 5,005 square feet in a single‑tenant building; Self‑contained single‑acre site just off SR‑63; Medical marijuana dispensary under construction
