Quality Roots - Recreational Cannabis Dispensary
Retail | 3,236 SF | 10% CAP
Marketing description
Quality Roots presents a rare opportunity to acquire a high-yield, absolute NNN investment occupied by one of Michigan's fastest-growing cannabis operators. Offered at a 10.00% cap rate, this single-tenant asset provides investors with truly passive ownership, as the tenant is responsible for all expenses including roof, HVAC, parking lot, taxes, insurance, and CAM. Strategically located on heavily traveled Walton Boulevard with over 17,200 vehicles per day, the property benefits from exceptional visibility, strong consumer traffic, and a dense trade area of more than 153,000 residents within a 5-mile radius. Quality Roots, a vertically integrated cannabis company with 12 locations throughout Michigan, continues to strengthen its market presence through disciplined growth and brand recognition. Supported by a long-term lease through 2031, three additional 5-year renewal options, and a prime retail location surrounded by national retailers, this offering delivers an attractive combination of stable cash flow, passive management, and long-term appreciation potential in one of the nation's most established cannabis markets.
Investment highlights
This opportunity offers an attractive 10.00% cap rate, delivering immediate and stable cash flow backed by a long-term retail tenant in one of Michigan's fastest-growing retail sectors.
Investors benefit from a completely passive ownership structure, as the tenant is responsible for all operating expenses, including roof, HVAC, parking lot, taxes, insurance, and CAM.
The property is secured by a lease extending through March 31, 2031, providing years of dependable rental income and investment stability.
The lease includes three additional five-year renewal options, creating the potential for decades of future occupancy and long-term cash flow continuity.
Quality Roots has quickly become one of Michigan's premier vertically integrated cannabis operators, with 12 locations and a growing statewide footprint supported by strong brand recognition and customer loyalty.
Positioned directly on Walton Boulevard, the property enjoys outstanding visibility and exposure to more than 17,200 vehicles per day, maximizing consumer awareness and accessibility.
The asset is strategically located among major retailers and service providers including McDonald's, Wendy's, Taco Bell, Dollar General, Dollar Tree, Chase Bank, Mobil, and O'Reilly Auto Parts, creating a powerful retail synergy.
The property benefits from a substantial consumer base with more than 153,000 residents within a five-mile radius, supporting sustained retail demand and long-term tenant success.
The property's C-3 zoning designation permits a broad range of commercial uses, providing investors with valuable flexibility and future redevelopment potential.
Cannabis remains one of the fastest-growing retail sectors in the United States, and this investment provides exposure to a proven operator positioned within Michigan's mature and expanding cannabis marketplace.
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