Listing ID : 811416
Listed On June 21, 2024 35
Listing Updated June 21, 2024
WeCann is proud to present this unique opportunity to acquire a 27,827 SF industrial property with strong cash-flow and vacancy for increased investment or owner occupant. The existing tenant is a well-positioned cannabis manufacturer with a proven track record of maintaining profitability in a competitive market, and which has maintained clockwork payments of monthly rent and operating expenses. The vacant unit has city approval for a cannabis micro-business. A buyer may either increase cash-flow through a new lease or occupy the unit.
Property Highlights:
- 27,827 SF Building11,527 SF Vacant
- 28 Acre Lot
- Multiple Units
- 50+ Parking Spaces
- 1,000 AMPs – buyer to verify
- 18’ Clear Height
- 5 Roll-Up Doors
Financial Summary:
Regardless what a buyer is looking to accomplish, this property is a safe bet due to the strong existing tenant – a multi-state cannabis operator. An owner-occupant may occupy the 11,527 SF vacant unit and maintain a strong 8% CAP rate, or lease the building to a new operator which, depending on the use, can increase CAP returns up to 11.38% based on the asking price of $6,250,000.
Listings You May Also Like
15401 Gaddy Road, Shawnee, OK, USA
4,000 Sq Ft Grow Facility that sits on 2.5 beautiful acres. Remote location with no foot traffic and a gated entrance. Turnkey Grow with 120 HPS Lig
13679 Powerhouse Road, Potter Valley, CA, USA
Fully equipped for licensed cannabis cultivation, this turn-key opportunity includes a transferable county permit, OCal certification, greenhouse and
Inverness, FL, USA
Prime location on SR 44 with street to street access and exposure to the fronting Hwy traffic count of over 34,000 cars per day. The entire buildi
278 Walton Boulevard, Pontiac, MI, USA
Municipal Approved Adult-Use Provisioning Center available for sale - license and real estate included.Freestanding building approved for construction