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| Price $1,430,000 $1,958,715 | Built/Renov 2022/2023 | Tenant Cookies Dispensary |
| Cap Rate 12.33% 9.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,075
| Lease Start
08-26-2020
| #Units
49
|
| Price/SF $689.16 $943.96 | Expiration
08-31-2030
| Tenant Type Medical/Health |
| NOI $176,284 | R. Term 5.3 | Ownership Fee Simple |
| Rent/SF
$84.96
| Increases 2.3%/1/yrs | Pop 5Mi 68,044 |
| Lot/AC 0.35 | Options 2/10yrs/2.33% | AHHI 5Mi $73,767 |
| | |
This Cookies dispensary is strategically situated on a hard corner location along State Park Drive, near the intersection of Henry St (19,600 VPD) and Wilder Rd (28,349) in a strong retail trade area, with many national retailers within a close proximity to the site. The property sits adjacent to Walmart Supercenter and Home Depot - two top national retailers that help drive immense traffic to...
...Hard corner intersection
Major thoroughfare
Near major nationals
Strategically located
Highway location
Strong tenant synergy
Absolute NNN
Annual rent increases
Corporate Guarantee
Publicly traded company
Cookies, founded in 2010 by Billboard-charting rapper and entrepreneur Berner and Bay Area breeder and cultivator Jai, is the most globally recognized cannabis company in the world. The company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,154 | 41,559 | 67,391 |
| 2023 Total Population : | 5,254 | 42,111 | 68,165 |
| 2023 Employed Civilian Pop : | 2,619 | 19,125 | 30,278 |
| 2023 Total Businesses : | 292 | 1,730 | 2,390 |
| 2023 Average Household Income : | $ 62,565 | $ 69,421 | $ 71,502 |
| 2023 Total Consumer Spending : | $ 131 M | $ 1142 M | $ 1886 M |
| 2023 Median Age : | 41 | 42 | 43 |
| 2023 Total Households : | 2,412 | 18,810 | 30,213 |
| 2023 Pop Age 25+: Bachelor's Degree : | 590 | 4,411 | 6,889 |
| 2023 Average Home Value : | $ 105,574 | $ 153,700 | $ 155,432 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| State Park Dr | Schumann Rd | 2021 | 4,490 | 0.07 mi |
| N Henry St | Deens Ln | 2016 | 20,933 | 0.16 mi |
| Wilder Rd | Shrestha Dr | 2014 | 30,511 | 0.17 mi |
| State St | State Street Rd | 2021 | 22,352 | 0.23 mi |
| E Wilder Rd | Country Medows | 2021 | 9,381 | 0.27 mi |
| STATE RD | Wilder Rd | 2020 | 2,570 | 0.27 mi |
| N Henry St | W Smith St | 2016 | 20,443 | 0.42 mi |
| Ferris Dr | N Riata Dr | 2021 | 5,247 | 0.48 mi |
| E Wilder Rd | Wilder Rd | 2021 | 22,919 | 0.65 mi |
| BETWEEN JEANETTE AND SMITH (IN BAY CITY) | Smith St | 2021 | 5,189 | 0.66 mi |
Webberville, MI
Cap Rate 8.75%
Lease Abs NNN
R. Term 7.60 yrs
Size/SF 3,192
Lake Charles, LA
Cap Rate 9.00%
Lease Double NN
R. Term 1.20 yrs
Size/SF 8,319
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
