Menu

Confidential Oakland County Provisioning Center - Oakland County, Oakland County, MI

3,537 ft²
Retail
$8,250,000
Sale


Corbin Yaldoo
Corbin Yaldoo

Download Brochures

Rare opportunity for a flagship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Center's in the immediate area. Operating Adult-Use/Medical Provisioning Center available for sale - Business/License & real estate available. Buyer has the option to purchase the Business/License and lease the real estate. Approximately $1M +/- worth of inventory can be purchased separately. Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging north of $500,000 per month in revenue and has room for improvement. Current ownership operates near a 60% gross profit margin, making this a more attractive value-add opportunity than the model of 35-45% gross profit margin for most other Michigan Provisioning Centers. Freestanding building that was brand-new ground-up construction before its opening in 2021. The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure. Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants.


The Space
Asking Price$8,250,000
Available Space3,537 ft²
Suite NumberConfidential Oakland County Provisioning Center
Floor1
Year Built2021
Parking Spaces22
SourceDirect

The Building - Confidential Oakland County Provisioning Center

Rare opportunity for a flagship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Center's in the immediate area. Operating Adult-Use/Medical Provisioning Center available for sale - Business/License & real estate available. Buyer has the option to purchase the Business/License and lease the real estate. Approximately $1M +/- worth of inventory can be purchased separately. Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging north of $500,000 per month in revenue and has room for improvement. Current ownership operates near a 60% gross profit margin, making this a more attractive value-add opportunity than the model of 35-45% gross profit margin for most other Michigan Provisioning Centers. Freestanding building that was brand-new ground-up construction before its opening in 2021. The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure. Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants.

Property TypeRetail
Floors1
Building Size3,537 ft²
Lot Size0.48 AC
Year Built2021
Parking Spaces22
Inquire
Corbin Yaldoo
Corbin Yaldoo
Contact