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Dry Good

HIGHER LOVE DISPENSARY

46479 US Hwy 41, Houghton, MI 49931

Listing Price: $1,334,000

Cap Rate
9.00%
Tenant Name
HIGHER LOVE DISPENSARY
Years Remaining On Lease
7.0
Guarantor
Private Guarantee
Rentable SF
4,459
Lease Type
Absolute Net
Rent Per Square Feet
$26.91

Investment Overview

Located in the Upper Peninsula of Michigan.

Investment Highlights

  • Over Seven Years Remain (Tenant can Terminate After Year Five with Costs Paid Back)
  • Two - Five Year Options with 90 Days Notice
  • Absolute Net-Lease
  • Situated off US-41
  • Over 16,800 Residents Within Five Miles with an Average Household Income of $63,388

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Dry Good

HIGHER LOVE DISPENSARY

Listing Price: $1,334,000

Cap Rate
9.00%
Tenant Name
HIGHER LOVE DISPENSARY
Years Remaining On Lease
7.0
Guarantor
Private Guarantee
Rentable SF
4,459
Lease Type
Absolute Net
Rent Per Square Feet
$26.91

Investment Highlights

  • Over Seven Years Remain (Tenant can Terminate After Year Five with Costs Paid Back)
  • Two - Five Year Options with 90 Days Notice
  • Absolute Net-Lease
  • Situated off US-41
  • Over 16,800 Residents Within Five Miles with an Average Household Income of $63,388

Investment Overview

Located in the Upper Peninsula of Michigan.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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