Posted on April 19, 2023 / 75Listing ID: 548299APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Banking
Price : $1,888,000
Size : 5150
Cap Rate : 6.72
Cannabis or Hemp Use Allowed? : Cannabis, Hemp, Cannabis and/or Hemp
Current Cannabis Business License? : yes
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash
Company Name : Newmark
Phone : 4155312815

1525 Francisco Blvd. E, San Rafael, CA.

8 Commercial office condominiums, fully leased to six tenants with a net income of $129,253. Four tenants are in the cannabis business, with two delivery services (of 5 total in San Rafael), 2 in manufacturing and one in hemp.

Owner has spent $200,000 in tenant improvements and space upgrades.

Contact Listing Owner
Cannabis & Hemp Insurance
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