Listing ID : 598490
Posted on July 31, 2023 192
-CAP RATE 9.25%
-List Price $11,775,000
-100% leased NNN
-Tenant One, Total Health & Wellness lease terms end in 2036. Included in lease are four 5 year options.
-Tenant Two, P1 Capital Group, LLC lease terms end in 2031. Included in lease is one 5 year option.
-Each lease has annual 3% escalators, options also have annual 3% escalators.
-Tenants are Arizona State Licensed Cannabis Dispensary, Cultivation, and manufacturers.
-High grossing active dispensary tenant. Great demand for this site now and in the future.
-Zoning is a special county island located in the city of Chandler, AZ.
Please inquire with us about local state banks that fund cannabis property loans*
*Only the sale of the property. Not a sale of the actual cannabis state license held by tenants.
Call / Text Brent Russum at 701-580-3260 or BrentRussum@gmail.com
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