Prime Investment Opportunity in the heart of Hamtramck, with a great tenant owning and running a state of the art Recreational Cannabis business. This opportunity won't last long, the tenant has one the only four high performing cannabis businesses in Hamtramck. The lease on this property has exercised a total two of the five year lease, which is increasing yearly. The lessee has an option to renew the five year term for a total of three periods; which is a total of a 20 year term. The annual gross rent to increase by two percent yearly after the five year term. Contact me at 5866892211 for any questions!
Listing courtesy of Brookstone, Realtors LLC.
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and Realcomp II Ltd. Copyright 2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.