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| Price $2,959,594 | Built/Renov 1974 | Tenant Skymint Premium Cannabis |
| Cap Rate 9.50% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
2,936
| Lease Start
01-01-2021
| #Units
350
|
| Price/SF $1,008.04 | Expiration
12-31-2035
| Tenant Type Medical/Health |
| NOI $281,161 | R. Term 11.1 | Ownership Fee Simple |
| Rent/SF
$95.76
| Increases 3.0%/1/yrs | Pop 5Mi 93,299 |
| Lot/AC 1.04 | Options 2/5yrs/3% | AHHI 5Mi $92,111 |
| | |
SkyMint is strategically located at the signalized, hard corner intersection of Nazareth Road and Gull Road/MI Route 343, which serves as the area's primary commercial and commuter corridor, boasting a combined daily traffic count of 29,800 vehicles. The property is located within a densely populated residential neighborhood and is surrounded by a mix of national and local retailers....
...Signalized intersection
Near major nationals
Strategically located
Highway location
Affluent suburb location
Major MSA
Absolute NNN
Long 10+ yr lease
Annual rent increases
Publicly traded company
Skymint Premium Cannabis is a distributor of medicinal and recreational cannabis, with expertise in the cultivation, extraction, distribution, and sales of its cannabis products. Products offered...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,740 | 37,204 | 93,180 |
| 2023 Total Population : | 6,904 | 37,571 | 93,562 |
| 2023 Employed Civilian Pop : | 3,305 | 17,964 | 46,962 |
| 2023 Total Businesses : | 196 | 1,685 | 3,735 |
| 2023 Average Household Income : | $ 61,182 | $ 69,762 | $ 74,887 |
| 2023 Total Consumer Spending : | $ 162 M | $ 957 M | $ 2469 M |
| 2023 Median Age : | 37 | 37 | 33 |
| 2023 Total Households : | 3,001 | 15,604 | 37,559 |
| 2023 Pop Age 25+: Bachelor's Degree : | 690 | 4,521 | 13,079 |
| 2023 Average Home Value : | $ 152,826 | $ 178,030 | $ 199,942 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| M-43/Gull Rd | Borgess Dr | 2021 | 6,138 | 0.05 mi |
| Borgess Dr | 2022 | 5,468 | 0.05 mi | |
| M-43 GULL RD. | Nazareth Rd | 2020 | 17,538 | 0.17 mi |
| Grandessa Dr | 2022 | 423 | 0.19 mi | |
| Gull Road | Brook Dr | 2022 | 18,071 | 0.19 mi |
| Nazareth Road | 2019 | 2,837 | 0.21 mi | |
| Sonia Ln | 2022 | 155 | 0.27 mi | |
| Casper St | 2022 | 2,147 | 0.27 mi | |
| H AVE | Casper St | 2020 | 3,462 | 0.27 mi |
| Borgess Dr | 2022 | 870 | 0.30 mi |
Hammond, IN
Cap Rate 10.00%
Lease NN+
R. Term 3.60 yrs
Size/SF 14,445
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
