Net Leased Dispensary
For Sale
Contact for pricing
831 Highview Dr, Webberville, MI 48892
Single-tenant net leased dispensary property with a 3,192 SF building and an in-place lease running through September 2031.
Property Size3,192 SF
Days on Market120
Property Features for 831 Highview Dr
General Information
Standard status
Active
Size
3,192 SF
Property subtype
Retail
Site & Location
Traffic Count
56,700 vehicles/day
Highway Access
Yes
Building Details
Year Built
2021
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 12:17PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
The property consists of a single-tenant net leased dispensary building totaling 3,192 square feet. The facility began operating in October 2021 following completion of construction, and the in-place lease runs through September 2031. The lease is triple net with no landlord responsibilities and includes 2.25% annual rental escalations throughout the primary term and each of the two 5-year renewal options.
The site is located in Webberville, Michigan, with access to M-52 and proximity to Interstate 96 (56,700 VPD), which connects Lansing to Detroit. The property is described as being approximately a 20-minute drive to Lansing and is a few blocks north of one of C3 Industries’ growing facilities.
For context, the immediate area includes several other businesses and distribution/industrial-related operations, including Aldi’s distribution center, Mobil, Andersons plant nutrient, Mcdonald’s, Dollar General, Reliable Aftermarket Parts, Gnutti Carlo, Applegate Insulation, Sakaiya Company, and Ml Chartier.
The site is located in Webberville, Michigan, with access to M-52 and proximity to Interstate 96 (56,700 VPD), which connects Lansing to Detroit. The property is described as being approximately a 20-minute drive to Lansing and is a few blocks north of one of C3 Industries’ growing facilities.
For context, the immediate area includes several other businesses and distribution/industrial-related operations, including Aldi’s distribution center, Mobil, Andersons plant nutrient, Mcdonald’s, Dollar General, Reliable Aftermarket Parts, Gnutti Carlo, Applegate Insulation, Sakaiya Company, and Ml Chartier.
Key Highlights
- Single‑tenant net leased dispensary property with a 3,192 SF building
- In‑place lease runs through September 2031; triple net with no landlord responsibilities
- Lease includes 2.25% annual rental escalations during the primary term and both 5‑year renewal options
Property Analytics
Current Use
Lease Details
56,700 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
McDonald's
Dining
22,521 visits/mo
0.2 miles
Mobil
Shops & Services
19,539 visits/mo
0.2 miles
Demographics for 48892, MI
4,763
Population
2,036
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
95%
High-School Grad
55.2 sq mi
ZIP Area
86
Density / Sq Mi
$81,978
Median Household Income
$43,121
Median Earnings
$807
Median Rent
$195,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Cannabis property - Single-tenant net leased dispensary property with a 3,192 SF building and an in-place lease running through September 2031.
Where is this cannabis property located?
The property is located at 831 Highview Dr Webberville, MI.
What are key features of this property?
This property features: Single‑tenant net leased dispensary property with a 3,192 SF building; In‑place lease runs through September 2031; triple net with no landlord responsibilities; Lease includes 2.25% annual rental escalations during the primary term and both 5‑year renewal options
