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Industrial Property For Sale: Long-Term Sale Leaseback Investment Opportunity

700 State Highway 32, Kingston, Oklahoma, USA
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Cannabis Real Estate Listings | Cannabis Greenhouses For Sale

Listing ID : 545941

Posted on April 17, 2023 View Count 406

Price For Sale:
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Description :

The Property is ideally located in Kingston, OK on Hwy 32, which gives great access to Hwy 75 and I-35 which can be used to reach most of the North Texas market. The Seller, M&H Farms currently use the facility as a medical cannabis grow farm. With the upcoming referendum in Oklahoma to legalize cannabis recreationally in March 2023, M&H Farms is looking to raise profits through a sale-leaseback in order to increase production with the likely regulatory changes coming.

M&H Farms will sign a 5-7 year lease at the time of closing at $8.50 NNN with two 5-year options to renew at the then prevailing Fair Market Rental Value. This gives investors the unique opportunity to acquire an income-producing property at below replacement cost, with a Tenant that is positioned for tremendous growth over the next 3-5 years.

1500 SF. Los Angeles Cannabis Retail Delivery, Distribution, And Manufacturing Space For Lease.
1500 SF. Los Angeles Cannabis Retail Delivery, Distribution, And Manufacturing Space For Lease.

2408 South Broadway, Los Angeles, CA, USA

Warehouse/ Industrial For Lease

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