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4805-5121 Fenton Rd
Flint, MI 48507

South Flint Plaza Dispensary For Sale · Retail Property For Sale

Executive Summary

Seize the opportunity to own a well-established dispensary in Flint, Michigan, strategically located on Fenton Road. Operating since May
2024, this business has rapidly built a loyal customer base and solid reputation in the Flint community. With its prime location and proven
track record of success, this dispensary offers a unique chance for entrepreneurs to enter the thriving cannabis industry. The business's
established presence, combined with Flint's growing market, presents an excellent investment opportunity for those looking to capitalize on the expanding legal cannabis sector in Michigan.
Operating for just over a year, the dispensary is poised for further growth, with proven profitability and strong community engagement
Business sale includes all business assets, inventory, and operational goodwill. This sale excludes the real estate, allowing for flexible leasing arrangements
Lease duration is negotiable, providing potential buyers the flexibility to align with their business adjectives
The facility features a comprehensive buildout costing $1.1 million and $1.2 million, encompassing modern design and essential amenities within a spacious 6000 SF space

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
278,517 SF
Building Class
B
Year Built/Renovated
1956/2008
Price
£1,198,243
Price Per SF
£4
Net Initial Yield
22.22%
NOI
£266,249
Tenancy
Multiple
Number of Floors
1
Loading Docks
3 Exterior
Building FAR
0.28
Lot Size
23.20 AC
Zoning
D-3
Parking
1,066 Spaces (6.46 Spaces per 1,000 SF Leased)
Frontage
1,500 ft on Fenton Rd Rd

Amenities

  • Pylon Sign
  • Energy Star Labelled

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-30-302-003
  • 59-30-300-001
  • 59-30-551-110
  • 59-30-551-001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£264,495
  • Listing ID: 33434120

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 4805-5121 Fenton Rd, Flint, MI 48507

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