Miscellaneous
Higher Love Cannabis Co
46479 US-41, Houghton, MI 49931
Listing Price: $2,000,000
Cap Rate
6.00%
Tenant Name
HIGHER LOVE DISPENSARY
Years Remaining On Lease
8.8
Gross SF
4,459
Guarantor
Franchisee Guarantee
Rentable SF
4,459
Price/Gross SF
$448.53
Lease Type
Absolute Net
Rent Per Square Feet
$26.91
Investment Overview
OVER 16,800 RESIDENTS WITHIN FIVE MILES WITH AN AVERAGE HOUSEHOLD INCOME OF $63,388
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
Listing Price: $2,000,000
Cap Rate
6.00%
Tenant Name
HIGHER LOVE DISPENSARY
Years Remaining On Lease
8.8
Gross SF
4,459
Guarantor
Franchisee Guarantee
Rentable SF
4,459
Price/Gross SF
$448.53
Lease Type
Absolute Net
Rent Per Square Feet
$26.91
Investment Highlights
- NEW TEN YEAR LEASE
- ABSOLUTE NET LEASE
- TWO –FIVE YEAR OPTIONS WITH 90 DAYS NOTICE
- RECENTLY REMODELED FOR TENANT
Investment Overview
OVER 16,800 RESIDENTS WITHIN FIVE MILES WITH AN AVERAGE HOUSEHOLD INCOME OF $63,388
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
