Big Rapids Cannabis Eligible Provision Center *Adult Recreation*

Retail-Commercial for Lease
Catylist Listing ID: 30606419
Property Subtypes: Free-Standing Building, Other
Contiguous Space: 3,336 SF
Building Size (RSF): 3,336 SF
Gross Building Area: See Agent
Lease Rate: $4,000 (Monthly)
$14.39 PSF (Annual)
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 5/8/2020

Overview / Comments

This property is zoned from the municipality as eligible for a Provision Center in Big Rapids, home to Ferris State University with an enrollment of approximately 13,000 students. Traffic counts of just over 17,000 cars pass by this location per day with over 51,000 people in a 15 mile radius.

This stand alone building with ample parking is a mixed use property that has 2,292 square feet of Commercial Retail Space. It also has two - 3 bedroom apartments on the second floor. The building could be rehabbed for the owners use or swept and a new Provision Center Built.

Be the first to Market in this untapped region of Michigan.

Expand All Available Space

Suite: 701 Maple 3,336 SF $4,000 (Monthly) NNN
Space Available: 3,336 SF
Lease Rate: $4,000 (Monthly)
$14.39 PSF (Annual)
Lease Type: NNN
Space Subcategory: Free-Standing Store, Mixed Use
Date Available: 5/8/2020
Lease Term: 60 Months
Space Type: New
Parking Spaces 14
Tax Expenses $3,759 PSF (Annual)
Rent Escalators Other
Rent Escalators Description .50 increase per year of the Base Rent
Rent Concession Negotiable

Additional Details

Nearest MSA: Big Rapids
County: Mecosta
Taxing Authority: Big Rapids
Tax ID/APN: 17-11-382-005
Zoning: C3
Property Visibility: Excellent
Traffic/Vehicle Count: 17,372
Highway Access: M-20 one block, US-131 2.54 miles away.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,669 14,167 18,846
Median Age: 23.23 27.19 30.67
Households: 1,926 4,652 6,550
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