Listing ID : 413706
Posted on June 15, 2022 56
Donβt miss out on this rare opportunity to gain strong returns from this prime cannabis leased investment opportunity which houses one of Southern Californiaβs hottest retail companies. The tenant is a household name in the cannabis retail scene and has established themselves as a quality retailer in the industry. Located in Riverside California, the building enjoys phenomenal freeway visibility from interstate 215. The property is currently under renovation and the owner has already funded the massive improvement made to the building. Once complete, the space will be a fully built out retail storefront with over 22 parking spaces in its exclusive lot. Β
Β·Β Β Β Β Β Asking $5,651,000 β 6% CAP Rate
Β·Β Β Β Β Β Rent: +$27,000/mo
oΒ Β Includes Billboard Rent
Β·Β Β Β Β Β Single Tenant NNN Lease
Β·Β Β Β Β Β Tenant Invested $1,700,000 in Capital Improvements
oΒ Β Elevator Installed
oΒ Β Raised Roof
oΒ Β Modern Exterior
oΒ Β Top Notch Interior Improvements
South East PP Highway, Holt, MO, USA
5,600SQ ft Turn-Key Facility for Indoor Medical Marijuana Caregiver Production.Β This property is producing medical marijuana under Caregivers.Β Thi
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