Contacts
APEX Commercial Real Estate Advisors
Property Details
- Property Type Retail - Street Retail
- Property Size 3,236 SF
- Units 1
- Lot Size 0.31 Acre
- Property Tenancy Single Tenant
- Year Built 1968
- Date Updated Jun 23, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- Cannabis remains one of the fastest-growing retail sectors in the United States, and this investment provides exposure to a proven operator positioned within Michigan's mature and expanding cannabis marketplace.
- Investors benefit from a completely passive ownership structure, as the tenant is responsible for all operating expenses, including roof, HVAC, parking lot, taxes, insurance, and CAM.
- Positioned directly on Walton Boulevard, the property enjoys outstanding visibility and exposure to more than 17,200 vehicles per day, maximizing consumer awareness and accessibility.
- Quality Roots has quickly become one of Michigan's premier vertically integrated cannabis operators, with 12 locations and a growing statewide footprint supported by strong brand recognition and customer loyalty.
- The asset is strategically located among major retailers and service providers including McDonald's, Wendy's, Taco Bell, Dollar General, Dollar Tree, Chase Bank, Mobil, and O'Reilly Auto Parts, creating a powerful retail synergy.
- The lease includes three additional five-year renewal options, creating the potential for decades of future occupancy and long-term cash flow continuity.
- The property benefits from a substantial consumer base with more than 153,000 residents within a five-mile radius, supporting sustained retail demand and long-term tenant success.
- The property is secured by a lease extending through March 31, 2031, providing years of dependable rental income and investment stability.
- The property's C-3 zoning designation permits a broad range of commercial uses, providing investors with valuable flexibility and future redevelopment potential.
- This opportunity offers an attractive 10.00% cap rate, delivering immediate and stable cash flow backed by a long-term retail tenant in one of Michigan's fastest-growing retail sectors.
Getting around
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55/100
Walk Score ®
-
44/100
Bike Score ®
Location
- City Pontiac, MI
- Zip Code 48340
- Market Detroit
Points of Interest
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Pontiac
3.11 miles
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Mobil
0.07 miles
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Sunoco
0.40 miles
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BP
0.75 miles
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Shell
0.96 miles
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Marathon
1.41 miles
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Speedway
1.77 miles
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Auburn Hills, MI Supercharger
2.10 miles
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Sun Country
2.12 miles
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Pontiac School Bus Yard
1.33 miles
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Notre Dame Preparatory Marist Academy Parking Lot
2.04 miles
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Phoenix Center
2.98 miles
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RMHA Pool Parking Lot
3.66 miles
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Deck 20/21
3.67 miles
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Lot 20
3.68 miles
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FCA Visitor Parking
3.72 miles
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Lot 10
3.80 miles
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Deck 60
3.82 miles
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Lot 22
3.83 miles
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Burger King
0.12 miles
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Dairy Queen
0.15 miles
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Rocket Restaurant
0.20 miles
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Little Caesars
0.49 miles
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Bob E's Super Chief
0.74 miles
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McDonald's
0.90 miles
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Wendy's
1.02 miles
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El Rincon Chilango
1.07 miles
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Hungry Howie's
1.31 miles
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Steak 'n Shake
1.58 miles
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Save-A-Lot
0.43 miles
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Burlington
1.69 miles
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Marshalls
1.70 miles
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TJ Maxx
1.71 miles
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Great Lakes Crossing Outlets
1.77 miles
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Carnival Market
1.98 miles
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Meijer
2.02 miles
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Target
2.04 miles
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ALDI
2.11 miles
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Kohl's
2.27 miles
APEX Commercial Real Estate Advisors