Oakland County - Confidential Provisioning Center

For Sale

Oakland County, Oakland County, MI 48359

This Oakland County property for sale is located at Oakland County. The current listed sale price for Oakland County - Confidential Provisioning Center is $8,250,000.

Contacts

broker

Corbin Yaldoo

Property Details

  • Property Type Retail
  • Property Size 3,537 SF
  • Additional Rent Contact for pricing
  • Year Built 2020
  • Date Updated Aug 8, 2024
  • Rare opportunity for a flagship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Center's in the immediate area.
  • Operating Adult-Use/Medical Provisioning Center available for sale - Business/License & real estate available. Buyer has the option to purchase the Business/License and lease the real estate. Approximately $1M +/- worth of inventory can be purchased separately.
  • Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging north of $500,000 per month in revenue and has room for improvement.
  • Current ownership operates near a 60% gross profit margin, making this a more attractive value-add opportunity than the model of 35-45% gross profit margin for most other Michigan Provisioning Centers.
  • Freestanding building that was brand-new ground-up construction before its opening in 2021.
  • The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure.
  • Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants.

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Attachments

Getting around

  • 64/100

    Walk Score ®

  • 48/100

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Location

  • City Oakland County, MI
  • Neighborhood Lyndon Manor - Compton
  • Zip Code 48359

Points of Interest

  • CDM Transport LLC

    7.64 miles

  • Smith's Creek Depot Station

    8.41 miles

  • Firestone Station

    8.46 miles

  • Walnut Grove Station

    8.62 miles

  • Mobil

    0.18 miles

  • BP

    0.88 miles

  • Kroger Fuel Center

    0.98 miles

  • BP

    0.99 miles

  • Shell

    0.99 miles

  • Mobil

    1.31 miles

  • Costco Gasoline

    1.36 miles

  • Livonia, MI Supercharger

    1.48 miles

  • BP

    1.48 miles

  • Speedway

    1.49 miles

  • OHM Advisors Parking Lot

    3.13 miles

  • Parking Lot - North

    3.63 miles

  • Parking Lot - East

    3.66 miles

  • Parking Lot - South

    3.76 miles

  • Oak Grove Trailhead Parking Lot

    3.77 miles

  • Parking Lot - West

    3.79 miles

  • Parking Lot - Central Convent

    3.95 miles

  • Public Parking

    4.77 miles

  • school parking

    4.81 miles

  • Parking Lot B

    4.85 miles

  • Burger King

    0.07 miles

  • McDonald's

    0.10 miles

  • Steve's Family Dining

    0.18 miles

  • Fortune Buffet

    0.22 miles

  • Taco Bell

    0.30 miles

  • Domino's

    0.38 miles

  • Old Mexico

    0.51 miles

  • Lefty’s Cheesesteak Hoagies

    0.82 miles

  • Steak 'n Shake

    0.93 miles

  • IHOP

    1.01 miles

  • Westborn Market

    0.35 miles

  • Kroger

    0.76 miles

  • Gordon Food Service

    0.89 miles

  • ALDI

    1.11 miles

  • Value Center

    1.32 miles

  • Meijer

    1.57 miles

  • Sears

    2.04 miles

  • Big Lots

    2.05 miles

  • Walmart Supercenter

    2.09 miles

  • Kohl's

    2.10 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

Corbin Yaldoo