Quality Roots - Recreational Cannabis Dispensary
41 E Walton Blvd, Pontiac, Michigan 48340
$1,440,000
$445 / sq ft 10% cap rate Listed Jul 28, 2026
3,236 sqft
Building
0 acres
Lot
1968
Built
1
Stories
20
Parking
1
Units
About this property
Quality Roots - Recreational Cannabis Dispensary is a retail for sale in Pontiac, Michigan, listed at $1,440,000. Key details: year built 1968, building size 3,236 sqft, lot size 0 acres, stories 1. Listed by Ayson Shammami of APEX Commercial Real Estate Advisors on LoopingCloud and last updated July 28, 2026.
High-Yield Single-Tenant Commercial Property
This single-tenant recreational cannabis dispensary offering presents a lucrative commercial real estate opportunity in the booming Michigan cannabis retail market. Priced at $1,440,000 with an attractive 10% Cap Rate ($144,000 NOI), this property features a long-term lease through March 31, 2031, backed by three additional 5-year extension options for extended income security.
Operated by Quality Roots—a premier, vertically integrated cannabis operator with a widespread 12-location footprint—this property provides absolute long-term stability. Featuring a fully passive Absolute NNN lease structure, the tenant handles all property expenses including taxes, insurance, and structural maintenance, delivering zero landlord responsibilities and a completely hands-off cash flow stream.
Investment Highlights & Financial Breakdown
-
100% Passive Absolute NNN Lease Structure: Zero landlord operational expenses or maintenance responsibilities—ideal for 1031 exchange investors seeking hassle-free passive income.
-
Exceptional Yield Potential: Offered at $1,440,000 generating a stable Net Operating Income (NOI) of $144,000, delivering a high-performing 10% cap rate.
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Secured Long-Term Occupancy: Initial term runs through March 31, 2031, with three additional 5-year renewal options providing potential income security through 2046.
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High-Exposure Retail Location: Direct positioning along Walton Boulevard with over 17,200 vehicles per day (VPD) and 137 feet of prominent road frontage.
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Densely Populated Trade Corridor: Serves a robust target demographic of over 153,000 residents within a 5-mile radius in the thriving Pontiac, Michigan market.
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Synergistic Retail Environment: Surrounded by major national tenants—including McDonald’s, Taco Bell, Wendy’s, Dollar General, and Chase Bank—driving steady cross-shopping and daily foot traffic.
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Flexible Commercial Zoning: Supported by versatile commercial zoning (C-3/BI) allowing a broad range of future retail, service, or redevelopment uses.
Strategic Location & Market Demographics
Situated directly along Walton Boulevard, this high-visibility standalone property benefits from strong traffic counts and excellent access point design. Pontiac's primary retail corridor benefits from heavy commercial activity, drawing daily commuters and local shoppers alike.
Michigan remains one of the largest and fastest-growing recreational cannabis markets in the United States. Quality Roots' position as an established operator with 12 locations across the state ensures high brand recognition and consistent operational success at this site.
Detailed Property Specifications
| Asset Parameter | Property Details |
| Property Type | Retail / Freestanding Commercial |
| Tenant | Quality Roots (Single Tenant) |
| Lease Type | Absolute NNN (Zero Landlord Responsibilities) |
| Purchase Price | $1,440,000 |
| Cap Rate | 10.00% |
| Net Operating Income (NOI) | $144,000 |
| Price Per Square Foot | $444.99 / SF |
| Building Size | 3,236 SF |
| Lot Size | 0.31 Acres |
| Year Built | 1968 |
| Lease Expiration | March 31, 2031 (Plus 3 x 5-Year Options) |
| Parking Ratio | 20 Spaces (6.25 per 1,000 SF) |
| Frontage | 137 Feet along Walton Boulevard |
| Zoning | C-3 / BI (Business/Commercial) |
Key highlights
- Occupied
- Net Lease Investment
- Tenant Quality Roots
- Guarantor KAPP WALLED LAKE, LLC
- Lease Commencement March 30,2026
- Lease Expiration March 31,2031
- Term Remaining 4+ Years
- Original Lease Term 5 Years
- Renewal Options 3,5 Years
- Lease Type Absolute NNN
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1968
- Building Size
- 3,236 sqft
- Lot Size
- 0 acres
- Stories
- 1
- Parking Spaces
- 20
- Total Units
- 1
- Building Class
- Class C
- Occupied
- Yes
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
- Net Lease Investment
- Yes
Pricing details
- Net Operating Income
- $144,000
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
10%
Cap rate
$144,000
Net operating income
$445
Price per sq ft
Actual - Cash Flow
Source: Yearly tax returns
Gross incomeNet operating income
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2026 | - | - | - | $144,000 | - | - |
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,440,000 | 10% | - | - | - |
Features and amenities
Property Features
- Tenant: Quality Roots
- Guarantor: KAPP WALLED LAKE, LLC
- Lease Commencement: March 30,2026
- Lease Expiration: March 31,2031
- Term Remaining: 4+ Years
- Original Lease Term: 5 Years
- Renewal Options: 3,5 Years
- Lease Type: Absolute NNN
Highlights
- 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.
- 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.
- The property is secured by a lease extending through March 31, 2031, providing years of dependable rental income and investment stability.
- The lease includes three additional five-year renewal options, creating the potential for decades of future occupancy and long-term cash flow continuity.
- 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.
- 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.
- 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 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's C-3 zoning designation permits a broad range of commercial uses, providing investors with valuable flexibility and future redevelopment potential.
- 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.
Location
Address as shown by the lister.
Get directionsAbout this area - Pontiac
- Population
- 24,829
- Housing units
- 10,263
- Land area
- 7.4 sq mi
- County
- Oakland
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Quality Roots - Recreational Cannabis Dispensary?
Quality Roots - Recreational Cannabis Dispensary is listed at $1,440,000. That works out to about $445 per square foot. The stated cap rate is 10%.
Where is Quality Roots - Recreational Cannabis Dispensary located?
The property is in 41 E Walton Blvd, Pontiac, Michigan 48340, Oakland County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 3,236 sqft. The lot is 0 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Ayson Shammami of APEX Commercial Real Estate Advisors listed this property. Use the Request Info button to send a message or call (248) 554-5709.
When was this listing published?
It was published on July 28, 2026 and last updated on July 28, 2026.
Listing information
- Listing ID
- CL-Michigan-28085
- Published
- Jul 28, 2026
- Last updated
- Jul 28, 2026
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