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Leased Investment ($130/SF) with 11% CAP Rate

16350 Beaver Road, Adelanto, CA, USA
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  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale

Listing ID : 492652

Listed On August 7, 2024 View Count 114

Listing Updated August 7, 2024

Price :
$5,500,000
Cap Rate:
11%
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis Only, Hemp Only, Cannabis and/or Hemp
City Cannabis Tax Rate:
.412/SF%
Size:
42,355 Sq. Ft.
Lot Size:
1.7 Acres
Utilities:
Electricity, City Water, Solar
Year Built:
2007 w/ 2022 renovations
Terms :
Financing:
Cash, Financing , Owner Financing
Company Overview :
Description :

Originally 22,178 square feet of usable space, the building was recently renovated with a mezzanine to expand to 42,355 square feet of floor space. Approximately 22,000 square feet is occupied by a long-term, cultivation tenant. The building is situated on its own parcel of approximately 1.7 acres. At $130 per square foot, this is a competitively priced.

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