120 N Main St - Freestanding FOR SALE


Camden, MI 49232
$1,363,723 USD
201-919-6148
120 N Main St, Camden, MI for Sale
$1,363,723 USD
Freestanding - FOR SALE
1/3
null | 12.5% Cap Rate

120 N Main St
Camden, MI 49232


HIGHLIGHTS

  • Absolute NNN Lease with Annual Increases
  • Border Town Location Drawing Multi-State Demand
  • Downtown Camden Main Street Frontage
  • Located in a Proven Michigan Cannabis Market

OVERVIEW

Northmarq is pleased to present the opportunity to acquire a fee simple interest in a single-tenant retail asset leased to Skymint, located at 120 N Main St, in Camden, Michigan. The tenant, The District Park, LLC (d/b/a 3Fifteen), operates under an Absolute NNN lease with ±6 years of base term remaining and 3.00% annual rent escalations, creating a truly passive investment structure with built-in NOI growth.

FOR SALE DETAILS

PRICE

$1,363,723 USD

PRICE/SF

$494 USD /SF

CAP RATE

12.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SKYMINT (Branded as 3Fifteen)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C

APN/PARCEL ID

14-022-300-011-22-8-4

ASK ABOUT THIS PROPERTY

Christian TremblayNorthmarqMore Info
201-919-6148

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Christian TremblayNorthmarqMore Info
201-919-6148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.