CannaMLS ID: 255849
Created | Updated
Price
$ 43,375,000
WeCann is excited to present this unprecedented investment opportunity within the Cannabis Industry. Take ownership of 3 incredible cannabis properties, 2 of wh
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture
WeCann is excited to present this unprecedented investment opportunity within the Cannabis Industry. Take ownership of 3 incredible cannabis properties, 2 of which are currently tenanted by one of the biggest cultivators in the nation.
The two operational, large-scale, indoor cultivation facilities are furnished with state-of-the-art equipment. The 3rd building is currently vacant but has plans for 1,300 lights in a 58,000 SF, 2-story building. Included in the sale are the licenses, permits, and equipment which were all provided by the Seller for the Tenant’s use and are included in the premium rents.
A Buyer will be shielded from market volatility with such a trusted and well-known tenant tied into a long-term lease. Additionally, operators can take advantage of the vacant property to run their own cultivation operation, while earning profit from the 2 cash-flowing properties!
Tenanted Building #1: Adelanto
- Approx. 47,000 SF
- Guard gated cannabis campus
- Annual rent: $3,060,000
- CAP Rate: 15%
- 2500 AMPS - verify
Tenanted Building #2: Los Angeles
- Approx. 29,800 SF
- Annual Rent: $1,800,000
- CAP Rate: 10.59%
- 2500 AMPS - verify
Vacant Building #1: Adelanto *Listed Separately for Sale*
- Approx. 58,000
- Guard gated cannabis campus
- Estimated lease rate of $1.25-1.50/SF NNN
- Estimated CAP rate of 12.5-15%
- Asking $117/SF
- 2500 AMPS
- Sale includes plans for cannabis cultivation with 1,300 lights which can produce 5,000+ lbs per year.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture