Leased Cannabis Retail
New
For Sale
Contact for pricing
16001 Mack Ave, Detroit, MI 48224
The tenant recently exercised its first renewal option under a long-term lease with annual rent increases.
Property SizeContact for details
Days on Market4
Property Features for 16001 Mack Ave
General Information
Standard status
Active
Property subtype
RETAIL
Site & Location
Neighborhood
Morningside
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
retail
Tenant in Place
Yes
Listing Agency:
Mansour Group
Listed By:
Alvin Mansour
(858) 373-3187
Source:
Moodyscre
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 2:35PM
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 Mansour Group
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Investment Insights
Based on property information with market context.
This retail space at 16001 Mack Ave. in Detroit is occupied by Cloud Cannabis, a Michigan operator with 11 locations. The tenant recently exercised its first renewal option, and the lease provides for 3.0% annual increases.
Mack Avenue connects Detroit with the Grosse Pointe communities and is served by DDOT Route 31. The property has access to I-94, linking it with Harper Woods, Eastpointe, St. Clair Shores, and other parts of Metro Detroit. The Detroit-Warren-Dearborn metropolitan area has approximately 4.39 million residents.
Nearby activity includes Stellantis Detroit Assembly Complex – Mack and the 280-bed Corewell Health Beaumont Grosse Pointe Hospital. Detroit’s population reached 649k in 2025.
Mack Avenue connects Detroit with the Grosse Pointe communities and is served by DDOT Route 31. The property has access to I-94, linking it with Harper Woods, Eastpointe, St. Clair Shores, and other parts of Metro Detroit. The Detroit-Warren-Dearborn metropolitan area has approximately 4.39 million residents.
Nearby activity includes Stellantis Detroit Assembly Complex – Mack and the 280-bed Corewell Health Beaumont Grosse Pointe Hospital. Detroit’s population reached 649k in 2025.
Key Highlights
- Cloud Cannabis operates 11 locations across Michigan
- Tenant exercised its first renewal option; lease includes 3.0% annual increases
- Located on Mack Avenue, connecting Detroit with the Grosse Pointe communities
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valvoline Instant Oil Change
Shops & Services
1,983 visits/mo
0.2 miles
BP
Shops & Services
1,850 visits/mo
0.1 miles
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
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Market
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Retail space - The tenant recently exercised its first renewal option under a long-term lease with annual rent increases.
Where is this retail space located?
The property is located at 16001 Mack Ave Detroit, MI.
What is the asking price?
The asking price for this property is $4,017,000.
What are key features of this property?
This property features: Cloud Cannabis operates 11 locations across Michigan; Tenant exercised its first renewal option; lease includes 3.0% annual increases; Located on Mack Avenue, connecting Detroit with the Grosse Pointe communities
