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SKYMINT Listing Details & Market Data

120 N Main St, Camden, MI 49232

  • For Sale $2,571,428
  • Property Type Retail - Street Retail
  • Property Size 2,758 SF
  • Lot Size 0.17 Acre
  • Property Tenancy Single Tenant
  • Year Built 1970
  • Date Updated Sep 24, 2022

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Location

  • Walk Score ® Car-Dependent (31)
  • Bike Score ® Somewhat Bikeable (29)
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  • City Camden, MI
  • Neighborhood Camden
  • Zip Code 49232

Points of Interest

BP

0.13 miles

BP

5.46 miles

Citgo

5.49 miles

Sum Gas

6.51 miles

Lake Diane Ice Cream and Food

6.49 miles

Contacts

broker

Danny Samona

Encore Real Estate Investment Services

(248) 702-0286

Highlights

  • Long Term 10 Year Absolute NNN Lease w/ No Landlord Obligations
  • Attractive 3% Increases Annually
  • SKYMINT is the largest vertically operating cannabis company and operator in the State of Michigan with 30 locations with an additional 15 licensed location going through approval process.
  • High intrinsic value fundamentals; Business can only operate in this specific location due to strict Michigan zoning laws— Zero Re-Location Possibility
  • Camden Benefits from Being Located Less Than 3 Miles (5 min drive) From the Indiana Border & 4 Miles (5 min drive) from the Ohio Border. Indiana Doesn't Allow Medical nor Recreational Use Whatsoever. Ohio is a State Not Approved for Adult Use and 3+ Years From Being Approved.
  • Additionally, The Adult Use Licensing in Camden is Capped to 4 location in the City - the Nearest Available Cannabis Stores are 31 Miles East & 6 Miles North. No Cannabis Available to West or South.
  • The Location is a High Performing Location
  • 2021 report shows Michigan ranked third in the country for total cannabis employment; only behind the states of California and Colorado. Michigan saw $1.79 Billion in 2021 Sales for adult-use and for medical cannabis.

Contact Listing Broker

broker

Danny Samona

Encore Real Estate Investment Services

(248) 702-0286

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