Posted on April 19, 2023 / 75Listing ID: 548299APPLY FOR A REAL ESTATE LOAN
Price : $1,888,000
Listing Types : Cannabis Real Estate Listings / Cannabis & Hemp Real Estate Listings For Sale / Other Commercial Properties for Cannabis Business Use For Sale
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
Email : firstname.lastname@example.org
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.