When it comes to procuring a proper piece of cannabis real estate, you really need to know what you’re doing. You can’t just go about this all-too-important aspect of your business all “willy-nilly.” You’ll need to know a litany of vital information before you can even start your quest for the “perfect” cannabis real estate venture.
You’ll need to know what cities in Michigan allow dispensaries, which ones don’t, and if they do, you’ll need to know what areas are even a potential contender, given that region’s specific zoning laws and restrictions. And this is just the tip of the “knowledge iceberg” that you’ll need to dominate before proceeding onward with your marijuana endeavor.
Now, just because picking out the right piece of cannabis real estate is a tad difficult, that doesn’t mean it’s an impossible task. You just need to know what to do and when to do it. And who knows that better than a seasoned cannabis real estate broker?
In short, nobody does. This is why enlisting their services is vital if you even stand a chance at finding an ideal location to set up shop.
I mean, when you really sit down and think about it, don’t you want to give yourself the best chance at finding the perfect spot to start your burgeoning cannabis business, whatever that may be? I know I certainly would.
And that’s another thing, these experts know the intricate details surrounding the litany of cannabis laws that are in place in Michigan.
With that knowledge, they are better suited to streamline your search and not only find you the best property for your given situation, but they will be able to do so in a far more efficient fashion. And, at the end of the day, the sooner you can move into a place, the sooner you can get to work, which in turn puts you that much farther ahead of your competition.
And, in this ever-competitive industry, the more advantages you have over your competitors, the better chance you stand at becoming a lasting, successful business in the area. People tend to rely on longevity, so the longer you’re around, the more inherent trust the cannabis community will instill onto you. That trust usually results in a plethora of repeat business, which, as you can already assume, translates into hoards of well-deserved cannabis revenue.
When it comes to cannabis real estate brokers, you can obviously do some Googling and find a specific person (or firm) that you feel comfortable dealing with. But, that’s not your only option, there’s an alternative.
Just as easily, and for far less money, you could utilize the services of a cannabis real estate brokerage website. These sites provide all the same services as a typical broker, but they also offer up an easy-to-use internet database and search engine of potential properties. All of which with a specific focus on cannabis businesses.
“If you have started looking for cannabis zoned real estate, you know what a nightmare it is to dig through hundreds and hundreds of pages of ordinances, zoning maps, and minutes from local meetings. We do that, so you don’t have to. Our on-staff researchers spend all day keeping up on municipality changes, so that we can provide up-to-date information faster than anybody else.”That sort of professional statement does nothing but instill confidence in the otherwise undecided cannabis business owner. Conversely, if you have a property that you are looking to rent out to a local cannabis business, they make sure that you know they can help you out with that, as well. Saying,
“Do you have a location that is eligible for commercial recreational or medicinal marijuana licensing? We handle the whole transaction, from marketing, to vetting buyers and tenants, to the closing table, and beyond. Set up a call with one of our experienced agents today!”Later on, in this very same section of their homepage, they bring up the potential positive aspects about owning the building where you run your marijuana business, as opposed to simply renting it for a period of time. Under a heading, titled Owner Operator Acquisition, the fine people at Wellrootedrealestate.com wrote, “There are many upsides to owning the building that you operate your business out of. From potential tax benefits, to the security of a permanent location, it can be a very strategic move to purchase the property. We can help you with everything from negotiating a purchase agreement with your current landlord, to finding a new location, and coordinating the purchasing process with local and state approvals.”
To me, that sounds like the ideal set-up.Going through the whole rigamarole with the governing bodies can be an agonizing hassle, especially if they don’t know anything about you. But, if they have experience working with a trusted real estate broker, one that can vouch for you and work for you on your behalf, that should only serve to help expedite the entire process. And brokers can only gain that sort of reputation with lawmakers through diligent service and honest, authentic approaches towards real estate. This brilliant brokerage boasts about just such a reputation at the bottom of their homepage, in which they list off the various elements of their business model, and how it sets them apart from the competition. They write, “Our company works closely with real estate professionals, attorneys, architects, consultants, and operators in the cannabis industry to provide the highest quality service for our clients. The members of our organization have 30+ years of combined cannabis industry experience, and have been working with clients to successfully vet the best properties in Michigan commercial marijuana property opportunities.” They conclude their encapsulating mission statement, by saying, “Our business is centered around a unique workflow that improves your success rate for licensing a cannabis business. We pride ourselves on presenting qualified cannabis properties to our clients.” I don’t know about you, but any place that routinely puts quality above all else is always preferred, in my opinion. And it appears as though Wellrootedrealestate.com is nothing but quality! More than that, they are experts in the Michigan area. And they say so on their website, stating, “We have been focused on negotiating real estate deals in Michigan and have a strong background in Michigan cannabis real estate practices, as well as business acquisitions and dispositions.”