Ann Arbor - Former Treehouse Provisioning Center

Retail-Commercial for Sale
Catylist Listing ID: 30833979
Building Size (RSF): 1,725 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $724.64 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2023

Overview / Comments

Municipal & State Approved Adult-Use Provisioning Center available for Sale – formerly operating with a turn-key buildout.

The sale includes the License and Leasehold Rights. Real estate is not included.

This location is turn-key and can operate immediately. All it is missing is your branding and inventory.

Located on the 2nd floor of the mixed-use building, the opportunity comes with a large building sign.

Prime location abutting the Diag, University of Michigan's central campus, with strong synergy in Ann Arbor’s State Street District. This location is surrounded by retail, restaurants, theaters, and museums - offering plenty of daytime traffic.

Current Lease Agreement in place is $6,088 per month NNN, with 7 years remaining with two (2) five year options.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: 09-09-29-400-026
Property Condition: Excellent

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,404 117,693 165,477
Median Age: 24.5 33.48 34.29
Households: 11,301 48,427 68,589


Photograph of Listing Agent

Corbin Yaldoo

C3 CRE CPIX Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions.