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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!
IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 24th March, 2023 11:25 AM (UTC)
Listing Agent: Raphael Roufail
Listing Office: Brookstone, Realtors LLC