Miscellaneous
Cloud Cannabis - Established Cannabis Operator | Detroit - Strong Demos | Favorable 3% Annual Bumps
16001 Mack Ave, Detroit, MI 48224
Listing Price: $4,017,000
Investment Overview
Detroit is one of the Midwest’s largest and most established metropolitan markets, supported by a diverse economic base spanning automotive manufacturing, healthcare, logistics, technology, education and professional services. The Detroit-Warren-Dearborn metropolitan area contains approximately 4.4 million residents, providing businesses and investors with access to a substantial regional population and consumer base.
The property at 16001 Mack Avenue is positioned along one of Detroit’s primary east-side commercial corridors, connecting dense residential neighborhoods with the affluent Grosse Pointe communities. Nearby Grosse Pointe Park reports a median household income exceeding $124,000, creating a notable contrast to the broader Detroit market and providing the surrounding Mack Avenue corridor with exposure to significant household purchasing power.
Major employment and institutional demand drivers strengthen the surrounding trade area. The Stellantis Detroit Assembly Complex – Mack represents a significant automotive manufacturing hub and was developed through approximately $1.6 billion in investment. Corewell Health Beaumont Grosse Pointe Hospital, a 280-bed acute-care facility, serves as another major nearby employment and healthcare anchor. The surrounding area also benefits from established grocery, restaurant and daily-needs retail along Mack Avenue.
Regional accessibility is supported by nearby Interstate 94, which provides connectivity throughout Metro Detroit and to major employment centers, Downtown Detroit, Detroit Metropolitan Airport and surrounding suburban communities. Mack Avenue is additionally served by DDOT public transportation.
The surrounding east-side neighborhoods, including Morningside, East English Village and Cornerstone Village, are established residential communities that continue to benefit from public and private reinvestment. Combined with strong neighboring demographics, major employers, healthcare infrastructure, regional transportation access and an established commercial corridor, the location offers compelling long-term real estate fundamentals within the greater Detroit market.
Cloud Cannabis - Established Cannabis Operator | Detroit - Strong Demos | Favorable 3% Annual Bumps
Investment Highlights
- Long-Term NN Lease Featuring 3.0% Annual Rental Increases, with the Tenant Recently Exercising Its First Renewal Option, Demonstrating Long-Term Commitment to the Site, Plus Four, 5-Year Options.
- Prime Mack Avenue Retail Location Directly along a Major East-Side Commercial Corridor Connecting Detroit with the Grosse Pointe Communities, Supporting Neighborhood, Commuter, Destination Traffic.
- Cloud Cannabis Is an Established Michigan Operator with 11 Locations, Offering Flower, Pre-Rolls, Vapes, Concentrates and Edibles, Supported by Both Online Ordering and Customer Loyalty Programs.
- Major Metro Detroit Trade Area - the Detroit-Warren-Dearborn Metropolitan Area Contains Approximately 4.39 Million Residents, Giving the Property Exposure to one of the Midwest's Largest Population and Consumer Markets Today.
- Excellent I-94 Connectivity - the Site Offers Convenient Access to Interstate 94, Providing Direct Regional Connectivity Across Metro Detroit and Improving Accessibility from Harper Woods, Eastpointe, St. Clair Shores, and Beyond.
- Direct Public Transit Access - Mack Avenue is Directly Served by DDOT Route 31, Providing Convenient Public Transportation Access Along the Corridor for Employees, Customers, and Surrounding Residents.
- Major Nearby Automotive Employment Anchor - Stellantis Detroit Assembly Complex – Mack Represents a $1.6 Billion Investment Creating Thousands of Jobs and Strengthening East-Side Daytime Population and Retail Demand.
- Nearby 280-Bed Healthcare Campus - Corewell Health Beaumont Grosse Pointe Hospital is a 280-Bed Acute-Care Campus Serving Detroit's East Side and Grosse Pointe, Generating Substantial Employee, Patient, and Visitor Activity. Growing Detroit Population & Aflluent Trade Area - Detroit's Population Reached 649k in 2025, while Avg. HHI Income Exceeds $108k within a 1-Mile Radius, Combining Substantial Population Density with Strong Surrounding Purchasing Power and Consumer Demand.
Exclusively Listed By
Broker of Record
-
Gordon Navarre
Managing Director, Market Leader - Michigan
Financing By
Miscellaneous
Cloud Cannabis - Established Cannabis Operator | Detroit - Strong Demos | Favorable 3% Annual Bumps
Listing Price: $4,017,000
Investment Highlights
- Long-Term NN Lease Featuring 3.0% Annual Rental Increases, with the Tenant Recently Exercising Its First Renewal Option, Demonstrating Long-Term Commitment to the Site, Plus Four, 5-Year Options.
- Prime Mack Avenue Retail Location Directly along a Major East-Side Commercial Corridor Connecting Detroit with the Grosse Pointe Communities, Supporting Neighborhood, Commuter, Destination Traffic.
- Cloud Cannabis Is an Established Michigan Operator with 11 Locations, Offering Flower, Pre-Rolls, Vapes, Concentrates and Edibles, Supported by Both Online Ordering and Customer Loyalty Programs.
- Major Metro Detroit Trade Area - the Detroit-Warren-Dearborn Metropolitan Area Contains Approximately 4.39 Million Residents, Giving the Property Exposure to one of the Midwest's Largest Population and Consumer Markets Today.
- Excellent I-94 Connectivity - the Site Offers Convenient Access to Interstate 94, Providing Direct Regional Connectivity Across Metro Detroit and Improving Accessibility from Harper Woods, Eastpointe, St. Clair Shores, and Beyond.
- Direct Public Transit Access - Mack Avenue is Directly Served by DDOT Route 31, Providing Convenient Public Transportation Access Along the Corridor for Employees, Customers, and Surrounding Residents.
- Major Nearby Automotive Employment Anchor - Stellantis Detroit Assembly Complex – Mack Represents a $1.6 Billion Investment Creating Thousands of Jobs and Strengthening East-Side Daytime Population and Retail Demand.
- Nearby 280-Bed Healthcare Campus - Corewell Health Beaumont Grosse Pointe Hospital is a 280-Bed Acute-Care Campus Serving Detroit's East Side and Grosse Pointe, Generating Substantial Employee, Patient, and Visitor Activity. Growing Detroit Population & Aflluent Trade Area - Detroit's Population Reached 649k in 2025, while Avg. HHI Income Exceeds $108k within a 1-Mile Radius, Combining Substantial Population Density with Strong Surrounding Purchasing Power and Consumer Demand.
Investment Overview
Detroit is one of the Midwest’s largest and most established metropolitan markets, supported by a diverse economic base spanning automotive manufacturing, healthcare, logistics, technology, education and professional services. The Detroit-Warren-Dearborn metropolitan area contains approximately 4.4 million residents, providing businesses and investors with access to a substantial regional population and consumer base. The property at 16001 Mack Avenue is positioned along one of Detroit’s primary east-side commercial corridors, connecting dense residential neighborhoods with the affluent Grosse Pointe communities. Nearby Grosse Pointe Park reports a median household income exceeding $124,000, creating a notable contrast to the broader Detroit market and providing the surrounding Mack Avenue corridor with exposure to significant household purchasing power. Major employment and institutional demand drivers strengthen the surrounding trade area. The Stellantis Detroit Assembly Complex – Mack represents a significant automotive manufacturing hub and was developed through approximately $1.6 billion in investment. Corewell Health Beaumont Grosse Pointe Hospital, a 280-bed acute-care facility, serves as another major nearby employment and healthcare anchor. The surrounding area also benefits from established grocery, restaurant and daily-needs retail along Mack Avenue. Regional accessibility is supported by nearby Interstate 94, which provides connectivity throughout Metro Detroit and to major employment centers, Downtown Detroit, Detroit Metropolitan Airport and surrounding suburban communities. Mack Avenue is additionally served by DDOT public transportation. The surrounding east-side neighborhoods, including Morningside, East English Village and Cornerstone Village, are established residential communities that continue to benefit from public and private reinvestment. Combined with strong neighboring demographics, major employers, healthcare infrastructure, regional transportation access and an established commercial corridor, the location offers compelling long-term real estate fundamentals within the greater Detroit market.
Exclusively Listed By
Broker of Record
-
Gordon Navarre
Managing Director, Market Leader - Michigan
Financing By
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