Commercial Real Estate /MI /Cheboygan County /Cheboygan /100 N Main St
Commercial Real Estate /MI /Cheboygan County /Cheboygan /100 N Main St
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100 N Main St - Freestanding FOR SALE


Cheboygan, MI 49721 | 
Off Market
1/5

100 N Main St
Cheboygan, MI 49721

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HIGHLIGHTS

  • 8+ years remain on the primary lease term
  • Roof warranty through November 2035
  • Strong sales – best performing location for the tenant
  • Meds Café was founded in 2018 and has grown to 7 locations across Michigan
  • Renovated in 2021
  • Significant 12.5% rental escalations every five years

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Meds Café (Cannabis Dispensary)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

2050

STORIES

1

YEAR BUILT

2000

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

054-H20-000-031-00
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