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Gratiot Chesterfield, MI

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For Sale
$495,000

Adult-Use Provisioning Center with license and leasehold rights for sale.

Lot size:
3.01 Acres

Property Features for Gratiot

General Information

Lot size
3.01 Acres

Source: C3 CRE, LLC Agent Corbin Yaldoo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Adult-Use Provisioning Center For Sale

An Adult-Use Provisioning Center is available for sale, including the Adult-Use License and Leasehold Rights. The real estate is excluded from the sale. This is one of four Provisioning Center Licenses issued in the limited market of Chesterfield Township. A long-term Lease Agreement is in place for a five-year term, plus three five-year options, starting at $16,670 per month, plus NNN, with annual increases. The ground-up building will be delivered in white-box form and ready for immediate tenant work and branding by Winter 2025. The freestanding building features prominent signage and 50 parking spaces. The landlord will construct a second retail building behind the site with its own parking lot, creating co-tenancy synergy. Located on Gratiot Avenue, the site benefits from a daily traffic count of over 19,816 vehicles, offering excellent brand exposure and daytime traffic. The location provides synergy in the immediate marketplace, surrounded by a dense residential population and several national tenants.
Location Intelligence

Current Use by Public Records

Retail space

Map

City
Chesterfield
County
Macomb
State
Michigan
Longitude
-82.7368616
Latitude
42.6811436

FAQs

What type of property is this?
Retail space - Adult-Use Provisioning Center with license and leasehold rights for sale.
Where is this retail space located?
The property is located at Gratiot Chesterfield, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: - 1 of 4 Adult-Use Provisioning Center Licenses in Chesterfield Township's limited market.; - Includes Adult-Use License and Leasehold Rights.; - Long-term Lease Agreement: 5-year term plus three (3) 5-year options.
More about this property
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