JARS HAZEL PARK DISPENSARY 20731 Dequindre Rd 3,854 SF 100% Leased Retail Building Hazel Park, MI 48030 $3,182,700 ($825.92/SF) 8% Cap Rate

Rare opportunity to acquire a high-performing net-leased cannabis retail asset in one of Michigan’s limited-license markets—Hazel Park, capped at just six retail licenses. The property is leased to JARS Cannabis, a well-established multi-state operator with strong brand presence and operational history.
Located along Dequindre Road just east of I-75, the site offers exceptional visibility and access within a dense and growing trade area. The property features 8.5 years of remaining lease term, 3% annual rent escalations, and a current NOI of $247,200, increasing to $254,616 at the next scheduled bump—delivering stable long-term cash flow and a predictable yield.
This is a plug-and-play fully built-out retail dispensary with in-store and pickup functionality in place. Ideal for investors seeking durable returns in a recession-resilient industry with high barriers to entry.