TURNKEY INDOOR CANNABIS CULTIVATION FACILITY
1415 Industrial Park Drive, Sault Sainte Marie, Michigan 49783
Marketing Description
Michigan Cannabis Properties is pleased to offer for lease 1415 Industrial Park Drive, a fully built-out, permitted and certified indoor cultivation facility in Sault Sainte Marie, Michigan. Prior ownership invested approximately $4 million to convert this 47,100 SF industrial building into an eleven-room cultivation operation: nine flower rooms and two veg rooms totaling 27,174 SF of canopy, two clone labs, and dedicated dry, trim, extraction, packaging, kitchen, vault and security space, with room-by-room HVAC, roughly 725 Fluence LED fixtures, rolling benches, irrigation and an overhead drying rail system. The build was completed under a sealed 2021 permit set, received State of Michigan Bureau of Fire Services approval, and holds a City of Sault Sainte Marie Certificate of Occupancy.
The asking rent of $1.25 per square foot per month NNN is built around one idea: the tenant pays back the improvements over the lease term and gets the building along with them. Over a seven-year term, base rent works out to roughly $1.01 per square foot per month for the $4 million of improvements already in place and about $0.24 per square foot per month for a 47,100 SF industrial building on more than three acres. Nothing to design, permit, build or wait on. Move in, license, and grow.
$15/sf/year NNN
Status: For Lease
Sale Price: $15/sf/year NNN
Building Sq Ft: 47,100 q. ft.
Year Renovated: 2026
Location: Sault Sainte, MI
Use: Cultivation
Investment Highlights
The facility is being offered fully built-out and equipped for cultivation use, including:
Nine flower rooms (21,904 SF) and two veg rooms (5,270 SF), each with dedicated Trane split-system HVAC sized room by room, 157 tons across the grow rooms, plus rooftop units and mini-splits serving the balance of the building
Approximately 725 Fluence SPYDR 2i and RAY LED fixtures (473.7 kW connected) on ceiling-mounted arrays above mobile, rolling canvas grow benches on casters
Electrical service through two 1,200-amp 480Y/277V three-phase switchboards fed by 1,250 kVA of utility transformation, with 75 kVA and 150 kVA step-down transformers for 208/120V loads
Living-soil beds (486) with drip irrigation and drainage piping in the flower rooms
Overhead drying system: 400 feet of stainless V-rail, 14 switches and 170 trolleys serving a dedicated dry room
Direct-gas make-up air unit and six exhaust fans with carbon odor filtration
Fully sprinklered (NFPA 13); one-hour rated extraction room; clone labs, trim, clean packaging, kitchen, vault, security office, lockers and showers
Dehumidification designed into the permitted mechanical set at 11 x 710 pint/day and 14 x 320 pint/day units
Clean, sealed white/reflective wall and ceiling finishes typical of a purpose-built cultivation environment
