Turnkey Cannabis Dispensary In Oxford MI, FOR LEASE/SALE

Lease Rate$24,500
/Month
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.Not Disclosed

Year Built2023

Min. Space3,440

Max. Space3,440

listing imageSave

Turnkey Cannabis Dispensary In Oxford MI, FOR LEASE/SALE


Lease Rate$24,500
/Month
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.Not Disclosed

Year Built2023

Min. Space3,440

Max. Space3,440

Property Description
Lease Option: $795,000.00 License Acquisition W/ $24,500/mo. NNN Lease
Purchase Option: $3.8m W/ Seller Financing Available (Includes Real Estate)

Attention cannabis operators, please take a look at this offering for a high-end turnkey dispensary right off of M-24 that sees over 23,000 vehicles on a daily basis, making this one of the highest trafficked dispensary locations in the state of Michigan. This location is 1 of only 4 locations allowed in this municipality, and is less than 0.5 miles away from the bustling downtown. The store is not yet operational, but the transaction can include the license and the real estate, license acquisition the long-term lease, or license acquisition, lease and option to purchase the real estate.

This brand new 3,440 sq/ft building is tailormade for a high-volume store. It is situated on a full acre lot, with over 60 parking spaces. The product room showcases 10+ potential POS stations and beautiful 20 ft. ceilings for plenty of product display. It also has two curb cuts off the busy Lapeer Rd., and a wrap around driveway behind the store to control the flow of traffic and keep cars coming in and out. Oakland county is one of the most sought after municipalities in the state for it’s strong average income ($80k+), high population (1.27m people), stable real estate value, and limited cannabis competition.

The seller is looking to sell outright, however for the right purchaser the seller is open a variety of options including 1) seller financing on a short to midterm note 2) long-term lease w/ license acquisition, or even 3) Lease with license acquisition and option to purchase the real estate… all depending on the terms.
About the Property
Type
Building Status
Established
Current & Prior Use
The space is currently non-operational but it is fully city/state licensed recreational cannabis
About the Lease
Rent
$24,500.00 per month
Lease Is NNN
Yes
Lease Terms
$795,000 License Acquisition fee and $24,500/mo. NNN Lease (Purchase Options Ava
Listing Info
ID
2339429
Listing Views
419

Contact Seller

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Property Listed by: Elijah Simkins MCP Brokerage LLC

Listing ID: 2339429 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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