Chandler, Arizona
Type: Real Estate Investment
Size: 16,018 sqft. | 2.1 acres
- Full description below -
Chandler, Arizona
🌟 EXCEPTIONAL CANNABIS INVESTMENT OPPORTUNITY 🌟
Discover a rare and lucrative investment avenue in the flourishing world of Arizona's cannabis industry. This remarkable property presents a unique chance to secure a high-yield venture adjacent to the renowned {Inquire Directly}. Capitalize on its strategic location, commanding visibility from both the I-10 and 202 freeways, ensuring constant exposure and accessibility.
💼 TENANTS: HIGH-GROSSING ARIZONA CANNABIS COMPANIES 💼
Elevate your investment portfolio with tenants of significant stature. The property hosts esteemed Arizona State Licensed Cannabis Dispensaries, Cultivators, and Manufacturers, positioned for growth and sustained demand. {Inquire Directly} holds a lease extending until 2036, with four 5-year options. Tenant Two, {Inquire Directly}, is secured until 2031, boasting a 5-year extension option.
📊 INVESTMENT HIGHLIGHTS 📊
- CAP Rate: 10.25%
- List Price: $8,870,634
- 100% Leased NNN
- Annual 3% Escalators in Lease and Option Terms
- Prime Location: Adjacent to {Inquire Directly}
- I-10 and 202 Freeway Visibility
- High Grossing Active Dispensary Tenant
🏭 PROPERTY FEATURES 🏭
Nestled within a sprawling 2.10-acre parcel, this industrial property boasts:
- Rentable Building Area: 16,018 SF
- Two Stories
- Year Built: 2018
- Parking Ratio: 6.24/1,000 SF
🏢 TENANT DETAILS 🏢
Tenant One: {Inquire Directly}. Industry: Retailer Space Occupied: 3,844 SF Rent/SF: $7.75 Lease Type: Triple Net Lease End: Jan 2036
Tenant Two: {Inquire Directly} Industry: Wholesaler Space Occupied: 12,174 SF Rent/SF: $4.58 Lease Type: Triple Net Lease End: Jul 2031
📈 LEVERAGE THE POTENTIAL 📈
With the cannabis industry thriving and poised for sustained growth, this investment opportunity merges financial success with a strategic vision. Benefit from the current lease agreements and future prospects, all while capitalizing on the powerful allure of cannabis. Inquire today to embark on an investment journey that offers both stability and growth potential. Opportunity awaits – seize it now! 🌿💼
Offered exclusively by Owner or Licensed Agent/Broker
Listing # 1025
*SFA* = Seller Financing Available