Attleboro, Massachusetts
Type: Dispensary, Cultivation Business with Real Estate included in Sale
Size: 24,700 sqft. | 1.48 acres
- Full description below -
Attleboro, Massachusetts
💼 Prime Cannabis Investment Opportunity in Attleboro!
🌿 Investment Highlights:
- 2,400 Daily Customers: Vital to operation.
- Tenant Investment: Huge infrastructure investment.
- True Triple Net Lease: Tenant responsible for all operating expenses.
📝 Executive Summary: This is your chance to secure a true triple net lease property with Nova Farms at 34 Extension Street, Attleboro. Nova Farms has made substantial investments into the property, turning it into a state-of-the-art facility. With a true triple net lease, the tenant covers all operating expenses, making it a hassle-free investment.
🏢 Property Overview:
- Usage: Industrial/Warehouse
- Year Built/Renovated: 1972/2019
- Building Class: B
- Lot Size: 1.48 AC
- Rentable Building Area: 24,700 SF
🌐 Tenant Details: Nova Farms, a well-known and respected player in the cannabis industry, operates from this location. They have achieved recognition and awards for their products in national competitions, making them a trusted name. Nova Farms is vertically integrated, handling everything from cultivation to retail.
🏭 Facility Features:
- Daily Customers: 2,400
- Triple Net Lease: Tenant covers all operating expenses.
- Lab Space: Comparable to a pharmaceutical lab in Cambridge, MA.
- Distribution: Serves Nova's dispensaries and over a hundred independent dispensaries.
🏆 Awards and Recognition: Nova Farms has received awards in national competitions, including being named the "Beast of the East" by High Times Cannabis Cup. Their commitment to quality and sustainability has earned them a prominent position in the industry.
🌱 Cultivation Practices: Nova Farms cultivates its cannabis on a 90-acre farm in Sheffield, MA, using sustainable and pesticide-free practices. Their dedication to quality without compromising on sustainability sets them apart.
🔍 Utilities:
- Gas: Natural
- Water: City
- Sewer: City
- Heating: Gas
🚀 Investment Potential: With Nova Farms as a stable and successful tenant, this property offers a unique opportunity for a hassle-free and lucrative cannabis investment. Contact us for more details and to explore this prime investment in the cannabis industry! 💸🌿
Offered exclusively by Licensed Agent/Broker
Listing # 5031