Cookies - Cannabis Retail & Manufacturing Processing Facility Listing Details & Market Data

330 Ann St W, Grand Rapids, MI 49504

  • For Sale $4,500,000
  • Property Type Retail - Street Retail
  • Property Size 22,509 SF
  • Units 1
  • Lot Size 2.18 Acre
  • Property Tenancy Single Tenant
  • Year Renovated 2023
  • Date Updated Feb 15, 2024
.Long Term Absolute NNN Lease w/ No Landlord Obligations 15 Year Lease w/ 3% Annual Increases in Term & Option Periods Exclusive Cookies License Serving the Grand Rapids MSA as Only Site to Sell Cookies Cannabis 22,509 SF Building on 2.18 Acres - Completely Renovated in 2023 Low Price Per SF of $199 SF - Below Replacement Value 16,000+ VPD - High Traffic Counts and Entrance/ Exit to Highway

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Highlights

  • Long Term Absolute NNN Lease w/ No Landlord Obligations
  • 15 Year Lease w/ 3% Annual Increases in Term & Option Periods
  • Exclusive Cookies License Serving the Grand Rapids MSA as Only Site to Sell Cookies Cannabis
  • The Location Serves as Walk Up and Delivery Retail Adult Use Recreational & Processing Facility; Manufacturing and Packaging Products Onsite
  • 22,509 SF Building on 2.18 Acres - Completely Renovated in 2023
  • Low Price Per SF of $199 SF - Below Replacement Value
  • Low Rent of $16 SF - 2 to 3 Times Lower Than Cannabis Market Rental Rates
  • 16,000+ VPD - High Traffic Counts and Entrance/ Exit to Highway
  • Experienced Cannabis Tenant/ Operator with 3 Total Sites in Grand Rapids

Contacts

broker

Danny Samona

Encore Real Estate Investment Services

(734) 945-5967

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (54)

  • Transit Score ®

    Some Transit (34)

  • Bike Score ®

    Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood West Grand
  • Zip Code 49504
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    2.75 miles

  • Shell

    0.35 miles

  • Mobil

    0.54 miles

  • Speedway

    0.73 miles

  • Pacific Pride

    0.80 miles

  • Shell

    0.84 miles

  • Marathon

    0.94 miles

  • Sunoco

    0.94 miles

  • Meijer

    1.08 miles

  • Admiral

    1.20 miles

  • Marathon

    1.29 miles

  • Ramp 7

    1.83 miles

  • Area 7

    1.88 miles

  • Ramp 8

    1.91 miles

  • Area 9

    1.92 miles

  • Ramp 6

    1.97 miles

  • Grand Valley State University Pew Campus Parking

    2.08 miles

  • Museum Parking

    2.10 miles

  • Seidman Lot

    2.29 miles

  • Area 3

    2.35 miles

  • Sneden Hall Parking Ramp

    2.35 miles

  • twisters ice cream

    0.58 miles

  • Taco Bell

    0.72 miles

  • Arnie's

    0.84 miles

  • Mr Gyros

    0.86 miles

  • Lucy's Cafe

    0.88 miles

  • Wendy's

    0.93 miles

  • Papa John's

    1.06 miles

  • New Great Wall Buffet

    1.11 miles

  • Brickyard Tavern

    1.13 miles

  • Arby's

    1.14 miles

  • Creston Market

    0.79 miles

  • Meijer

    1.13 miles

  • Bridge Street Market

    1.68 miles

  • Kohl's

    1.84 miles

  • Target

    1.94 miles

  • Family Fare

    2.08 miles

  • Grand Central Market

    2.20 miles

  • Fulton Street Farmer’s Market

    2.92 miles

  • Walmart Supercenter

    2.96 miles

  • Family Fare

    3.03 miles

Contact Listing Broker

broker

Danny Samona

Encore Real Estate Investment Services

(734) 945-5967