Our team is proud to present a Multi-Tenant Lease Investment with one California’s top Cannabis Industry groups as the main tenant. 14,000 SF building at the asking sales price of $4,500,000 at a 10.39% cap rate.
Main tenant in 11,204 SF is Connected Cannabis Co. at $2.79/SF lease rate.
Second tenant R&D Enterprises in 2,560 SF at $3.00/SF lease rate.
See attached OM for additional information.
If you are searching for Cannabis Approved space in Sacramento or surrounding Northern California, get in touch with Sacramento’s Top Cannabis Real Estate Team! We have dozens of listed and off market Cannabis approved spaces in our portfolio. Call 916-834-7902 for more information. See our team page at: https://kidder.com/teams/team-richter/