Description
We are pleased to present this opportunity. Quality Roots is a single-tenant recreational-cannabis retail investment offered for sale at 41 East Walton Boulevard in Pontiac, Michigan. The 3,236-square-foot property is priced at $1,440,000, or approximately $445 per square foot, at a reported 10.00% capitalization rate and $144,000 in net operating income.
The property is leased to Quality Roots under an absolute NNN structure that places operating expenses—including roof, HVAC, parking lot, taxes, insurance and common-area maintenance—with the tenant. Broker materials report that the lease runs through March 2031 and includes three additional five-year renewal options.
Built in 1968, the freestanding building occupies approximately 0.31 acres and provides 20 parking spaces with about 137 feet of frontage along Walton Boulevard. The corridor carries reported traffic exceeding 17,200 vehicles per day and serves a five-mile population of more than 153,000 residents.
Offering Summary
- Asking Price$1,440,000
- Price PSF$445
- Property TypeRetail
- Size3,236 SF
- Built1968
- Parking20
- Total Acres~0.31 ac
Sale Details
- Cap Rate10%
- NOI$144,000
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
3,236 SF - Frontage (ft)
137 ft - Year Built
1968 - Total Parking
20 - Acres
0.31 - Zoning
BI - APN
14-08-455-036
Deal Team



