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20731 Dequindre Rd
Hazel Park, MI 48030
JARS HAZEL PARK DISPENSARY · Specialty Property For Sale · 4,379 SF

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EXECUTIVE SUMMARY

Rare opportunity to acquire a high-performing net-leased cannabis retail asset in one of Michigan’s limited-license markets—Hazel Park, capped at just six retail licenses. The property is leased to JARS Cannabis, a well-established multi-state operator with strong brand presence and operational history.
Located along Dequindre Road just east of I-75, the site offers exceptional visibility and access within a dense and growing trade area. The property features 8.5 years of remaining lease term, 3% annual rent escalations, and a current NOI of $247,200, increasing to $254,616 at the next scheduled bump—delivering stable long-term cash flow and a predictable yield.
This is a plug-and-play fully built-out retail dispensary with in-store and pickup functionality in place. Ideal for investors seeking durable returns in a recession-resilient industry with high barriers to entry.

PROPERTY FACTS

Sale Type Investment
Cap Rate 8%
Sale Condition Ground Lease (Leased Fee)
Property Type Specialty
Building Size 4,379 SF
No. Stories 1
Year Built 2023

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-36-483-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$298,116 CAD
  • Listing ID: 38197425

  • Date on Market: 2025-10-24

  • Last Updated:

  • Address: 20731 Dequindre Rd, Hazel Park, MI 48030

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