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Cannabis Dispensary with NNN Lease
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3616 DIXIE HIGHWAY MIDDLETOWN OH 45042, Middletown, OH 45042

Fee-simple cannabis dispensary leased under an absolute NNN structure with no landlord responsibilities.

Property Size2,793 SF
Price / SF$1,659
Days on Market149

Property Features for 3616 DIXIE HIGHWAY MIDDLETOWN OH 45042

General Information

Standard status Active
Size 2,793 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $510,000

Building Details

Year Built 1997
Year Renovated 2024
Stories 1
Units 1
Tenancy Single
Listing Agency: Northmarq - Chicago
Listed By: Christian Tremblay · License #475165868
Source: Crexi
Added: May 20 Changed: Oct 10 Last Checked: Oct 14 at 11:44PM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

The property is a 2,793-square-foot cannabis dispensary at 3616 Dixie Highway in Middletown, Ohio. Built in 1997, the facility is offered as a fee-simple interest and is occupied under an absolute NNN lease structure, placing no landlord responsibilities on ownership.

The lease has more than eight years remaining in its base term, with 3% annual rent increases beginning after year five. Battle Green Real Estate LLC is the tenant, with a guarantee from Battle Green Holdings LLC. The asset is located at 3616 Dixie Highway, Middletown, OH 45042.

Key Highlights

  • 2,793‑square‑foot cannabis dispensary at 3616 Dixie Highway
  • Fee‑simple interest in a 1997‑built property
  • Absolute NNN lease with zero landlord responsibilities

Property Analytics

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Current Use

Cannabis Properties

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 45042, OH

26,972
Population
12,324
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
49.2 sq mi
ZIP Area
548
Density / Sq Mi
$66,732
Median Household Income
$41,800
Median Earnings
$950
Median Rent
$192,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Fee-simple cannabis dispensary leased under an absolute NNN structure with no landlord responsibilities.
Where is this cannabis property located?
The property is located at 3616 DIXIE HIGHWAY MIDDLETOWN OH 45042 Middletown, OH.
What is the asking price?
The asking price for this property is $4,636,363.
What are key features of this property?
This property features: 2,793‑square‑foot cannabis dispensary at 3616 Dixie Highway; Fee‑simple interest in a 1997‑built property; Absolute NNN lease with zero landlord responsibilities
(312) 858-6725 Call to check price and availability
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