The Fire Station Cannabis Co. Dispensary
Retail | 9.50% CAP | 5,080 SqFt
Marketing description
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase the fee-simple interest in a Fire Station ("Fire Station") dispensary located in Menominee, MI (“The Property”). The Property consists of a 5,080 square foot freestanding retail building on a 1.65-acre parcel of land. The Property was built in 2024. Fire Station will operate under a brand new fifteen (15) year Absolute NNN lease with zero landlord responsibilities and preferred 10% rental escalations every 5 years during the base term.
Investment highlights
New 15-Year, Absolute NNN Lease with Favorable Increases
Corporate Guaranty with Established Operator & Top-Performing Location
Prominent Frontage on 10th Street with Green Bay Exposure
Broad 60-Mile Trade Area with Cross-Border Demand
Outdoor-Oriented Market with Established Recreation Drivers
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