Listing ID : 973453
Listed On September 28, 2026 3
Listing Updated September 28, 2026
Property Description
WeCann Commercial Real Estate is pleased to exclusively offer 953-955 Hensley Street in Richmond, California, a +/-17,307 SF two-unit industrial property offering a combination of in-place NNN income and vacant owner-user or lease-up space.
The 8,100 SF front unit (953 Hensley) is leased to a cannabis cultivation tenant currently completing its build-out and nearing operational status. Current rent is approximately $18,231/month NNN, with 4% annual increases, an initial term through January 1, 2028, and two additional 5-year renewal options.
The 9,207 SF rear unit (955 Hensley) is vacant and available for owner-user occupancy or lease. The space was previously operated for cannabis cultivation, Type 7 manufacturing and distribution and retains substantial infrastructure from its prior cannabis use.
The property features significant electrical capacity with 1,000A combined 480/277V service – 600A serving 953 Hensley and 400A serving 955 Hensley.
Asking Price: $3,800,000
Property Highlights
- +/-17,307 SF two-unit industrial property
- Existing NNN income from cannabis cultivation tenant
- $18,231/month current NNN rent with 4% annual increase
- 8,100 SF leased front unit
- 9,207 SF vacant rear unit available for owner-user occupancy or lease
- Former cultivation, Type 7 manufacturing and distribution operations in rear unit
- Significant existing cannabis infrastructure
- Investment, owner-user and lease-up potential
- Richmond / San Francisco Bay Area location
Listing Contacts
Jason Piazza
Director of Real Estate
949-682-5867 | [email protected]
Meilad Rafiei
President / CEO
949-393-3077 | [email protected]
Contact Listing Owner
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