Posted on July 19, 2022 / 32Listing ID: 429235APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $3,774,459
Status : ACTIVE
Cap Rate : 6.75%
Company Name : Colliers
Phone : 8473842840

Colliers International is pleased to offer for sale the single tenant net leased cannabis facility operated by Sunnyside Dispensary, an arm of Cresco Labs located in Elmwood Park, IL. This is a rare opportunity to acquire a Fee Simple long term leased asset by the largest owner/operator in the cannabis space. The opportunity is to acquire a site with excellent underlying real estate.

The opportunity is offered at a 6.75% cap rate which translates to $3,774,459 and has a term through February 28th, 2030.

Market Leading Colorado MIP – Extremely Profitable, Well Run, All Process & Procedures, Semi-Absentee – $824,833 EBITDA!
This established business is a Cannabis Concentrates Manufacturer and Wholesaler producing and distributing the highest-quality concentrate products for the medical and recreational markets in Colorado. Despite the recent softness in the Medical segment the business continues to grow the bottom line. Trailing 12 month EBITDA is $824,833! VIEW LISTING
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Cannabis & Hemp Banking
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