330 Ann StGrand Rapids, MI 49504

For Sale

$3,525,000

Property records and analytics

Highlights

Absolute NNN lease with no landlord obligations; 10-year term with 3% annual rent increases and option periods.
Exclusive Cookies branded cannabis retail store, the only one in the Grand Rapids MSA (600,000+ population, 2,669 sq mi).
22,509 SF building on 2.18 acres, completely renovated in 2023; serves as walk-up and delivery retail for adult-use cannabis, with on-site processing and packaging.
High-traffic corner location with highway access; daily traffic counts exceed 16,000 vehicles.
Low rent of $15.90/SF, significantly below market rates for cannabis retail; price per square foot of $156, below replacement cost.

330 Ann St, Grand Rapids, Michigan

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Danny Samona