41 E Walton Blvd - Freestanding FOR SALE


Pontiac, MI 48340
$1,440,000 USD
248-579-5045
41 E Walton Blvd, Pontiac, MI for Sale
$1,440,000 USD
Freestanding - FOR SALE
1/2
null | 10% Cap Rate

41 E Walton Blvd
Pontiac, MI 48340


HIGHLIGHTS

  • Fully passive absolute NNN lease with tenant covering all expenses.
  • Long-term lease through 2031 with three additional 5-year renewal options.
  • Positioned along Walton Boulevard with more than 17,200 VPD for maximum exposure.
  • Surrounded by major national brands creating powerful retail synergy.
  • Located in a high-demand trade area serving over 153,000 residents within five miles.
  • Property zoning supports a wide range of future commercial uses.

OVERVIEW

This single-tenant recreational cannabis dispensary, operated by Quality Roots, presents an outstanding investment opportunity in one of Michigan’s fastest-growing retail sectors. Offered at $1,440,000 with a 10% cap rate, the property is backed by a strong lease until March 31, 2031, creating long-term income stability. The absolute NNN structure ensures zero landlord responsibilities, resulting in a truly passive investment. Positioned on Walton Boulevard, the site enjoys visibility to more than 17,200 vehicles daily and excellent access to major retailers including McDonald’s, Taco Bell, Wendy’s, Dollar General, and Chase Bank, driving consistent foot traffic. Pontiac’s retail corridor, with over 153,000 residents within five miles, provides substantial consumer demand and growth potential. The property benefits from Quality Roots’ strong statewide presence as a vertically integrated cannabis operator with 12 locations. Investors gain security from long-term occupancy and multiple 5-year renewal options. The C-3 zoning designation allows diverse commercial uses, enhancing flexibility for future redevelopment. With cannabis continuing its trajectory as one of the fastest-growing retail categories in the U.S., this asset offers strong income stability and significant upside in Michigan’s expanding cannabis marketplace.

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$445 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

BI

APN/PARCEL ID

14-08-455-036

ASK ABOUT THIS PROPERTY

Sal YaldoAPEX Commercial Real Estate AdvisorsMore Info
248-579-5045

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Sal YaldoAPEX Commercial Real Estate AdvisorsMore Info
248-579-5045

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