Berkley-Butter Provisioning Center & Ind FOR SALE


Berkley, MI
$2,500,000 USD
248-752-1276
, Berkley, MI for Sale
$2,500,000 USD
FOR SALE
1/2
null | Request Cap Rate

Berkley-Butter Provisioning Center & Ind
Berkley, MI


HIGHLIGHTS

  • The site is centrally located to I-696 freeway, Woodward Avenue, and Coolidge Highway.
  • Surrounded by a high-income residential population and a strong mix of national and regional tenants.
  • Located in a capped retail license market, this operating Adult-Use Provisioning Center provides the opportunity to maintain the existing cash flow.
  • Rare opportunity for a flagship location in the heart of one of Oakland County's best suburbs.

OVERVIEW

Rare opportunity for a flagship location in the heart of one of Oakland County's best suburbs – includes both the real estate and business/license. Freestanding building built in 2023 with 38 parking spaces, with the potential to add up to an additional 20 spaces with an adjacent neighbor. The site is centrally located to I-696 freeway, Woodward Avenue, and Coolidge Highway. Surrounded by a high-income residential population and a strong mix of national and regional tenants—providing additional exposure and traffic. Located in a capped retail license market, this operating Adult-Use Provisioning Center provides the opportunity to maintain the existing cash flow and increase sales under amplified day-to-day management and existing employee retention. All that is missing is new branding and inventory. Included in the sale price is the neighboring industrial building, currently leased to a storage tenant at $3,938.00 per month Gross and the lease expires in the middle of 2027, offering great upside as an investment. It can be excluded from the sale and sold separately, subject to an agreed-upon deal for the PC.

ASK ABOUT THIS PROPERTY

Corbin YaldooC3 CRE, LLCMore Info
248-752-1276

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

Corbin YaldooC3 CRE, LLCMore Info
248-752-1276

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