Posted on September 19, 2022 / 12Listing ID: 459424APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance

WeCann is excited to present this unprecedented investment opportunity within the Cannabis Industry. Take ownership of 3 incredible cannabis properties, 2 of which are currently tenanted by one of the biggest cultivators in the nation.

The two operational, large-scale, indoor cultivation facilities are furnished with state-of-the-art equipment. The 3rd building is currently vacant but has plans for 1,300 lights in a 58,000 SF, 2-story building. Included in the sale are the licenses, permits, and equipment which were all provided by the Seller for the Tenant’s use and are included in the premium rents.

A Buyer will be shielded from market volatility with such a trusted and well-known tenant tied into a long-term lease. Additionally, operators can take advantage of the vacant property to run their own cultivation operation, while earning profit from the 2 cash-flowing properties!

 

Tenanted Building #1: Adelanto

  –  Approx. 47,000 SF

  – Guard gated cannabis campus

  –  Annual rent: $3,060,000

  –  CAP Rate: 15%

  – 2500 AMPS – verify

Tenanted Building #2: Los Angeles

  –  Approx. 29,800 SF

  –  Annual Rent: $1,800,000

  –  CAP Rate: 10.59%

  –  2500 AMPS – verify

Vacant Building #1: Adelanto 

  – Approx. 58,000

  – Guard gated cannabis campus

  – Estimated lease rate of $1.25-1.50/SF NNN

  – Estimated CAP rate of 12.5-15%

  – Asking $117/SF

  – 2500 AMPS 

  – Sale includes plans for cannabis cultivation with 1,300 lights which can produce 5,000+ lbs per year.

 

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