Chesterfield - Adult-Use Provisioning Center | 56877 Gratiot Ave
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Chesterfield - Adult-Use Provisioning Center 56877 Gratiot Ave
3,200 SF 100% Leased Retail Building Chesterfield, MI 48051 $1,500,000 ($469/SF)
Executive Summary
Adult-Use Provisioning Center available for sale - includes the Adult-Use License and Leasehold Rights (Real Estate Excluded).
It is 1 of 4 Provisioning Center Licenses issued in the limited market of Chesterfield Township.
A long-term Lease is in place for 20 years and starts at $16,670 per month + NNN with annual increases.
Currently under construction, this ground-up building will be delivered in white-box form and will be ready for immediate Tenant work and branding by first quarter of 2025.
This freestanding building features prominent signage and 50 parking spaces. In addition, the Landlord will be building a 2nd retail building behind the site with its own parking lot that will bring a co-tenancy synergy to the site.
Located on the heavily traveled Gratiot Avenue, with a daily traffic count of 19,816+ vehicles per day, offering excellent brand exposure and plenty of daytime traffic.
Great synergy in the immediate marketplace surrounded by a dense residential population and several national tenants.
It is 1 of 4 Provisioning Center Licenses issued in the limited market of Chesterfield Township.
A long-term Lease is in place for 20 years and starts at $16,670 per month + NNN with annual increases.
Currently under construction, this ground-up building will be delivered in white-box form and will be ready for immediate Tenant work and branding by first quarter of 2025.
This freestanding building features prominent signage and 50 parking spaces. In addition, the Landlord will be building a 2nd retail building behind the site with its own parking lot that will bring a co-tenancy synergy to the site.
Located on the heavily traveled Gratiot Avenue, with a daily traffic count of 19,816+ vehicles per day, offering excellent brand exposure and plenty of daytime traffic.
Great synergy in the immediate marketplace surrounded by a dense residential population and several national tenants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,200 SF
Building Class
B
Year Built
2025
Construction Status
Proposed
Price
$1,500,000
Price Per SF
$469
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
2.68 AC
Zoning
M-2
PROPERTY TAXES
| Parcel Number | 15-09-04-226-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $106,800 |
PROPERTY TAXES
Parcel Number
15-09-04-226-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,800
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Chesterfield - Adult-Use Provisioning Center | 56877 Gratiot Ave
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