2024 CANIFF, Hamtramck, Michigan 48212

$1,600,000
3,040
SqFt

Property Description

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!

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Listing courtesy of Brookstone, Realtors LLC.

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