Cookies - Cannabis Retail & Manufacturing Processing Facility

For Sale

330 Ann St W, Grand Rapids, MI 49504

This Grand Rapids property for sale is located at 330 Ann St W. The current listed sale price for Cookies - Cannabis Retail & Manufacturing Processing Facility is $3,525,000. Cookies - Cannabis Retail & Manufacturing Processing Facility is situated on a lot that is 2.18 acre in size.

Contacts

broker

Danny Samona

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 22,509 SF
  • Units 1
  • Lot Size 2.18 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Renovated 2023
  • Date Updated Oct 21, 2024
.Long Term Absolute NNN Lease w/ No Landlord Obligations 10 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
  • 10 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

Getting around

  • 54/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Marathon

    0.94 miles

  • Sunoco

    0.94 miles

  • Meijer

    1.08 miles

  • Admiral

    1.20 miles

  • Walker, MI Supercharger

    2.82 miles

  • ChargePoint

    9.15 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

    2.09 miles

  • Museum Parking

    2.09 miles

  • Louis Campau Parking Ramp

    2.13 miles

  • Monroe Center Parking Ramp

    2.17 miles

  • Seidman Lot

    2.29 miles

  • twisters ice cream

    0.58 miles

  • New Beginnings

    0.59 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

  • Linear Restaurant

    1.08 miles

  • New Great Wall Buffet

    1.11 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

  • ALDI

    3.06 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Danny Samona

Encore Real Estate Investment Services