1938 Sanford StMuskegon, MI 49441

For Lease
$10/SF/YR

Turnkey Cannabis Facility, 14,112 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 14,112-square-foot turnkey cannabis cultivation facility in Muskegon, Michigan, presents a rare investment opportunity. Located on a one-acre lot at 1938 Sanford St, Muskegon, MI 49441, this single-tenant industrial property boasts a fully operational setup, ideal for immediate use. Previously licensed for recreational cannabis cultivation (Class C, 2,000 plants), the facility includes over 450 grow and vegetation lights, and a robust 2000-amp, 480-volt electrical system. An additional 1,200-square-foot auxiliary building is also on the property. The spacious layout allows for expansion, with room to add more flowering rooms within the existing building and ample land for future facility growth. The seller, an out-of-state owner, is open to exploring various options, including lease-to-own agreements or leases with purchase options, making this a highly flexible and attractive proposition for qualified buyers or lessees. This property is ready for immediate occupancy and offers significant potential for a thriving cannabis cultivation operation. The monthly lease rate is $12,000 NNN.

Highlights

  • Turnkey recreational cannabis cultivation facility, previously licensed for 2,000 plants.
  • $12,000/month NNN lease rate.
  • 14,112 square-foot main building plus a 1,200 square-foot auxiliary building on a 0.97-acre lot.
  • Features 450+ grow and vegetation lights and a robust 2000-amp, 480-volt electrical system.
  • Located at 1938 Sanford St, Muskegon, MI 49441.

Unit(s) available at that property

Space
Size
14,112 SF
Rate per SF
$10

Location Insight

City
Muskegon
County
Muskegon
State
Michigan
Latitude
43.2172057
Longitude
-86.2453071
1938 Sanford St, Muskegon, Michigan

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1938 Sanford St
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