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Fully Verticle Cannabis Campus 10040 N Dort Hwy 23,700 SF Vacant Industrial Building Clio, MI 48420 $1,950,000 ($82.28/SF) 7% Cap Rate
Investment Highlights
- Easily accessible location with strong logistical connectivity and a fully fenced lot approved for outdoor operations.
- 5,500 SF dedicated dry/cure space plus processing and pre-roll automation equipment included in the sale.
- 5.4-acre cannabis campus featuring 16,000 SF main facility, 4,000 SF auxiliary building, and 3,600 SF greenhouse.
- Provisioning center partially built out with municipal approvals and approved plans in place.
Executive Summary
Property Facts
| Price | $1,950,000 | Rentable Building Area | 23,700 SF |
| Price Per SF | $82.28 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1998 |
| Cap Rate | 7% | Parking Ratio | 1.35/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 9 |
| Building Class | C | No. Drive In / Grade-Level Doors | 9 |
| Lot Size | 5.34 AC | ||
| Zoning | CO - Provisioning Center, Dispensary, Cultivation, Medical Marijuana, MMLFA, Recreational, Cannabis, 420 | ||
| Price | $1,950,000 |
| Price Per SF | $82.28 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 5.34 AC |
| Rentable Building Area | 23,700 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 1.35/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | CO - Provisioning Center, Dispensary, Cultivation, Medical Marijuana, MMLFA, Recreational, Cannabis, 420 |
Amenities
- Signage
- Yard
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - Well
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Partially built-out space that is already municipally approved for an Adult-Use Dispensary. The municipal prints are approved and construction is approximately half completed. This is an excellent value-add opportunity to execute the final build-out and launch retail operations.
A fully built-out, move-in-ready office area. This adaptable space is perfectly positioned and zoned to be utilized as a high-functioning AU Processing facility or a secure headquarters for an AU Secure Transport operation.
A premium unit that includes a fully fenced 3.5-acre outdoor lot approved for AU Cannabis cultivation. The infrastructure is highly scalable, featuring a 3,600 SF support greenhouse, a Dosatron feed system with underground plumbing to all plants , 15,000 gallons of water storage, and two dedicated Reverse Osmosis systems. The interior boasts a 5,500 SF dedicated dry/cure space equipped with 2- and 3-tier pallet racks. A Mother Bucker and Batch One Trimmer are also included.
A fully licensed and operational AU Processing unit. This is a true turnkey opportunity; the pricing includes all on-site automation and pre-roll production equipment. Included hardware features an STM Canna grinder, a 144-unit preroll machine, an ATG cart filling machine and press, an industrial band sealer, and a mixer.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - A | 3,000 SF | Industrial | Full Build-Out | Now |
| 1st Fl - B | 5,000 SF | Industrial | Full Build-Out | Now |
| 1st Fl - C | 6,100 SF | Industrial | Full Build-Out | Now |
| 1st Fl - D | 3,000 SF | Industrial | Full Build-Out | Now |
1st Fl - A
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - B
| Size |
| 5,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - C
| Size |
| 6,100 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - D
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - A
| Size | 3,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Partially built-out space that is already municipally approved for an Adult-Use Dispensary. The municipal prints are approved and construction is approximately half completed. This is an excellent value-add opportunity to execute the final build-out and launch retail operations.
1st Fl - B
| Size | 5,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
A fully built-out, move-in-ready office area. This adaptable space is perfectly positioned and zoned to be utilized as a high-functioning AU Processing facility or a secure headquarters for an AU Secure Transport operation.
1st Fl - C
| Size | 6,100 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
A premium unit that includes a fully fenced 3.5-acre outdoor lot approved for AU Cannabis cultivation. The infrastructure is highly scalable, featuring a 3,600 SF support greenhouse, a Dosatron feed system with underground plumbing to all plants , 15,000 gallons of water storage, and two dedicated Reverse Osmosis systems. The interior boasts a 5,500 SF dedicated dry/cure space equipped with 2- and 3-tier pallet racks. A Mother Bucker and Batch One Trimmer are also included.
1st Fl - D
| Size | 3,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
A fully licensed and operational AU Processing unit. This is a true turnkey opportunity; the pricing includes all on-site automation and pre-roll production equipment. Included hardware features an STM Canna grinder, a 144-unit preroll machine, an ATG cart filling machine and press, an industrial band sealer, and a mixer.
Property Taxes
| Parcel Number | 17-30-300-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $392,500 |
Property Taxes
