330 Ann St NW | Grand Rapids, MI 49504
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- LoopNet Team
330 Ann St NW
Grand Rapids, MI 49504
Cookies - Cannabis Retail & Manufacturing · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Absolute NNN Lease w/ No Landlord Obligations
- Exclusive Cookies License Serving the Grand Rapids MSA as Only Site to Sell Cookies Cannabis
- Low Price Per SF of $199 SF - Below Replacement Value
- 15 Year Lease w/ 3% Annual Increases in Term & Option Periods
- 22,509 SF Building on 2.18 Acres - Completely Renovated in 2023
- Low Rent of $16 SF - 2 to 3 Times Lower Than Cannabis Market Rental Rates
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,579 SF
Building Class
B
Year Built
1979
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.27
Lot Size
2.18 AC
Zoning
SD-IT - Special District - Industrial Transportation
Parking
23 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
272’ on Ann Street Northwest
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 41-13-13-251-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $945,800 |
PROPERTY TAXES
Parcel Number
41-13-13-251-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$945,800
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