1234 Plainfield Ave - Storefront Retail/Office FOR SALE


Grand Rapids, MI 49505- Creston
$1,495,000 USD
248-977-7799
1234 Plainfield Ave, Grand Rapids, MI for Sale
$1,495,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 10% Cap Rate

1234 Plainfield Ave
Grand Rapids, MI 49505
Creston


HIGHLIGHTS

  • 15 Year Lease Term.
  • Special Land Use.
  • Zero Landlord Responsibilities.

OVERVIEW

This is a rare investment opportunity to acquire a high-performing Noxx Cannabis retail location in Grand Rapids, Michigan, offered as a sale-leaseback with a 15-year absolute NNN lease in place. Positioned along a high-traffic corridor, this property benefits from exceptional road visibility, strong consumer demand, and special land use approval for cannabis retail, making it a highly sought-after asset in a competitive market.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$838 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Noxx Cannabis

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

COMMERCIAL

APN/PARCEL ID

41-14-18-380-060

ASK ABOUT THIS PROPERTY

Joseph QonjaOn Q Commercial Real Estate, LLCMore Info
248-977-7799

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Joseph QonjaOn Q Commercial Real Estate, LLCMore Info
248-977-7799

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