CannaMLS ID: 246481
Marijuana Property for sale in Chandler, AZ 85248
AYR Wellness Tenant in NNN Lease
Created | Updated
Price
$ 3,000,000
Seller financing available
-AYR Wellness a publicly traded company is the existing cannabis tenant operator -Date of Lease agreement 01/27/2021 -Lease commencement date 03/22/2021 -15
Stock image generated by CannaMLS. Request listing photos from seller.
- Property
- Licenses
- General
Property
Address: 26427 S Arizona Ave
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Purchase price: $ 3,000,000
Monthly lease rate: $ 17,500
Building size (sq ft): 2,600
-AYR Wellness a publicly traded company is the existing cannabis tenant operator
-Date of Lease agreement 01/27/2021
-Lease commencement date 03/22/2021
-15 year base lease
-Tenant option to extend the Lease
-Option terms for four (4) additional term(s) of five (5) years each
-Base Rent: Monthly Base Rent: $17,500.00 (increasing April 22')
-Base Rent shall increase by three percent (3.0%) each year
effective April 1, 2022
-All lease options also have a 3% annual increase
-NNN, full true triple net
-Cannabis dispensary has been operating at this location since 2016
-There is an additional property for sale from the same owner at address is 17006 S. Weber Dr Chandler AZ with the same tenant. If both properties are not bought together then the individual list price will increase. Tenant has a 21 day ROFR from day of offer being shown to tenant.
Please contact Brent Russum at 701-580-3260 / brentrussum@gmail.com
-AYR Wellness a publicly traded company is the existing cannabis tenant operator
-Date of Lease agreement 01/27/2021
-Lease commencement date 03/22/2021
-15 year base lease
-Tenant option to extend the Lease
-Option terms for four (4) additional term(s) of five (5) years each
-Base Rent: Monthly Base Rent: $17,500.00 (increasing April 22')
-Base Rent shall increase by three percent (3.0%) each year
effective April 1, 2022
-All lease options also have a 3% annual increase
-NNN, full true triple net
-Cannabis dispensary has been operating at this location since 2016
-There is an additional property for sale from the same owner at address is 17006 S. Weber Dr Chandler AZ with the same tenant. If both properties are not bought together then the individual list price will increase. Tenant has a 21 day ROFR from day of offer being shown to tenant.
Please contact Brent Russum at 701-580-3260 / brentrussum@gmail.com
Stock image generated by CannaMLS. Request listing photos from seller.
- Property
- Licenses
- General
Property
Address: 26427 S Arizona Ave
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Purchase price: $ 3,000,000
Monthly lease rate: $ 17,500
Building size (sq ft): 2,600
