Asking Price: $5,440,000 |VPO|

Type: Cultivation Warehouse, Investment, Licenses

Size: 26,670 +/- sqft. | 8.47 +/- acres

Zoning: I-2

Description: For sale is a turn-key adult use and medical marijuana grow facility and business.​

Price: $5,440,000 Building Size: 26,670 SF Total Lot Size: 8.47 Acres Lot 1: 2.82 Acres

Lot 2: 2.82 Acres (Vacant Land) Lot 3: 2.83 Acres (Vacant Land) Year Built: 2018

Parking Spaces: 23

Electrical Service; 2,400 amps

Real Estate Taxes: $76,136,02 (2021 Summer & 2021 Winter) Insurance: $22,149.84

• Suite 19 – A: 11,101 SF.​ Owner occupied and operated.​ Turn-key business for sale

• Suite 19-B: 15,302 SF.​ Leased through November 1, 2024.​ $21 PSF/NNN.​ $26,250 Per Month plus Triple Net charges

• Common Area: 267 SF

• Steel frame building

• Grow up to 10,000 plants.​ Six Class-C cultivation licenses (4

medical and 2 recreational)

• Sale includes two additional vacant lots

• Balance of property is site plan approved for a 26,670 SF Phase II Building

Investment Highlights

BUSINESS INCLUDED IN SALE –

Suite 19-A is 11,101 SF and is owner-occupied and operated. The Seller’s grow business is included in the sale. Premises includes eight flower/veg rooms, a vault, dry, trim, and prep rooms, a mother room, and a small office. One of the flower rooms is a double rack system and all other rooms have single-level racking. Each of the growing rooms has its own HVAC system and climate monitoring system (Smart Bee), and the building contains both dehumidification and humidification and has a CO2 storage tank on the south side of the building.

TENANT IN PLACE –

Suite 19-B is 15,302 SF and is leased (Option Period) for a 3-year term that began November 1, 2021, and expires October 31, 2024. Rent is currently at $21 per square foot per year, or $26,250 per month, on a triple-net basis.

The premises is built out with a pod-style growing system which contains all the necessary climate controls and irrigation within a modular, movable unit. The building has basic HVAC and two dehumidifiers.

LARGE SCALE PRODUCTION –

The Seller has obtained three Class-C Grow Licenses, one Adult-Use and two Medical, per suite, for a total of six Class C licenses, allowing up to 10,000 plants (1,500 for each medical and 2,000 for each recreational).

CENTRAL LOCATION -

Close proximity to Ohio and Indiana border.

OPPORTUNITY FOR EXPANSION -

In addition to the subject property, the offering includes two additional vacant lots for development. Lot 1 is 2.82 acres and Lot 2 is 2.83 acres. The subject property is site plan approved for a 26,670 SF Phase II building. Processing licenses are available through the municipality.

POWER -

2400A existing amps. 800A to Suite A, 800A to Suite B and 800A available in the transformer.

Presented by: Michigan Licensed Broker

id code: Mi730

Asking Price: Inquire Directly |VPO|

Type: Cultivation Warehouse

Size: 51,196 +/- sqft. | 6.2 +/- acres

Zoning: M-2

Description: Under new ownership! Renovations are planned for Summer 2022. The property is Green Zone qualified for Medical/Adult-Use Cultivation, Processing, & Provisioning Center, and additionally works for Heavy Industrial & Self-Storage users. Freestanding building that sits along the main road offering great signage, visibility, and access. Zoned M-2 Industrial. Built in 1946. Existing building is 51,196 SF and sits on 6.2 Acres, with the ability to expand it to 71,196 SF and/or additional truck parking. Currently, it has 3,371 SF of office space and 47,825 SF of warehouse/storage space. Ceiling heights range from 8-6’ FT clear (office) to 19-4’ FT clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade. Includes (1) loading dock and (4) overhead doors, (2) 2-ton cranes on heavy-duty monorail crane systems used for unloading trucks. Great site located 1.8 miles from the I-94 Freeway Ramp and almost directly on the business loop; within proximity to Downtown Kalamazoo as well.

Presented by: Michigan Licensed Broker

id code: Mi734

Asking Price: $1,500,000 |VPO|

Type: Cultivation/Processing Warehouse

Size: 9,304 +/- sqft. | .84 +/- acres

Zoning: Industrial

Description: Investment Opportunity - Don't waste 12-18 months of your time building out your own cultivation/processing facility, take over this build that has done extensive, costly, and most importantly time-consuming updates. This property is a blank canvas with great ceiling heights that allows for flexibility in all growing types, single, stacked or otherwise. This property is already municipally permitted for grow and processing and could be complete within 60-90 days. Everyone in the industry knows how long and onerous of a process it is to get city approval and start you build out, so why not take over this project that has already put close to a year of labor into the facility. Current owner has PO's and work orders in place, and would be willing to help the new owner seamlessly transition to effectuate a clean and quick buildout.

List of Property Improvements - Construction and Electrical demo. LVL Beam in grow rooms. County permits, mechanical engineering, site plan drawings, and survey. Well abandonment, plumbing, masonry, insulation, concrete, drywall.

Presented by: Michigan Licensed Broker

id code: Mi735

Asking Price: Inquire Directly |VPO|

Type: Cultivation, Manufacturing Warehouse w/ Licenses

Size: 23,134 +/- sqft. | 1.25 +/- acres

Description: ​​Municipal Approved & Partial Turn-Key Medical/Adult-Use Grow and Processing Facility with Class C Grow and Processing Licenses and real estate included with the sale.

• ​Freestanding building with direct visibility and signage seen off the I-94 freeway, offering a great opportunity for branding exposure.
• ​The site is zoned Industrial and was built in 1969.
• ​Ceiling height is 17-10’ feet clear and has 2,000 amps electrical service.
• ​Fire suppression is installed and also includes 1 exterior truckwell. A new TPO roof was installed in 2020 as well. Great site located in the heart of Metro Detroit in a limited market; 1 of 18 approvals in the municipality.
• ​A full listing of existing Furniture, Fixtures, and Equipment (FFE) included in the sale can be shared upon request.

Presented by: Michigan Licensed Broker

id code: Mi732

Asking Price: Inquire Directly |VPO|

Type: Adult-Use Provisioning Center

Size: 3,581 +/- sqft. | .63 +/- acres

Description: Confidential Monroe County Municipal Approved Medical & Adult-Use Provisioning Center available for sale.​ Does not include real estate, 25 years lease in place.​ Option to buy the real estate from third-party landlord is available.​ New parking lot and new roof will be needed; the building has a unique design with 3 garage bay doors and 10-25 feet ceiling heights making way for a great customer experience.​ Pre-construction build-out and new operator will be provided the ability to start from scratch with their own design.​ Great opportunity for flagship location - freestanding building with 22 parking spaces.​ Located near the Indiana/Ohio borders – Indiana/Ohio marijuana laws are very stringent, plan to see many out of state customers as well. Tremendous synergy in the immediate marketplace surrounded by dense residential population and several national tenants.​

Presented by: Michigan Licensed Broker

id code: Mi733

Asking Price: Inquire Directly |VPO|

Type: Land, License

Size: 114.6 +/- acres

Description: ​Municipal Licensed Outdoor Grow available for sale. Class C Grow License is attached with unlimited licensed stacking permitted.

• ​Additionally, the Township will approve all other license types to add to the site: Provisioning Center, Processing, Indoor Grow, etc
• ​The property is 114.60 Acres of mostly flat land, with about 6 acres of trees, ready to be tilled. Rare opportunity for an Outdoor Grow site of this size in the State of Michigan.
• ​A great value add is the tree lines around the edges provide natural fencing.
• ​Being located in the 45th Parallel North, allows well over 100 days of harvest in this climate.
• ​Single Phase electrical power is currently on site with the ability to upgrade through Consumers Energy. Cost TBD on load factor of operation.
• ​Well and septic will be required, but inexpensive.
• ​Great site located right off M-66 with easy access to US-131 freeway.

Presented by: Michigan Licensed Broker

id code: Mi731

Asking Price: $995,000 |VPO|

Type: Medical Dispensary, Cultivation (1 Class A + 25 Class C)

Size: 10,500 +/- sqft. | 1.75 +/- acres

Description: Landmark building with maximum visibility on M-13! Most recently used as a medical dispensary. Per township ordinance, this property can also be used as a cultivation facility, with 1 Class A & 25 Class C licenses available (as of 3/1/2021). Front of the building was built new to serve as lobby, show room (sales floor), and office/storage. Back of the building has been gutted and framework is in place, but do need some attention for maximum performance going forward. 3 phase power @ road to building (and wiring per seller), two 20-ton and 2 5-ton AC units on site to be included. The possibilities are seemingly endless for this nearly 2 acres, and over 10,000 sqft. of building! Sale includes 3 parcels.

Presented by: Michigan Licensed Broker

id code: Mi635

Asking Price: $1,495,000 |VPO|

Type: Cultivation Warehouse

Size: 14,868 +/- sqft. | .50 +/- acres

Zoning: Light Industrial

Description: Clean industrial warehouse in close proximity to Detroit Metropolitan Wayne County Airport. Potential marijuana grow facility for state-licensed group. Newly surfaced parking lot and good freeway access. 18' clear ceiling height with dock-high loading doors, grade-level. Not located in Opportunity Zone.

Presented by: Michigan Licensed Broker

id code: Mi722