Lawrenceville, New Jersey
Type: Real Estate Investment + Dispensary
Size: 8,638 sqft. | 1 acre
- Full description below -
Lawrenceville, New Jersey
🌿🏢 UNLOCK THE OPPORTUNITY: PRIME CANNABIS RETAIL INVESTMENT 🏢🌿
Welcome to a prime investment opportunity in the world of cannabis retail. Presenting an established cannabis establishment set within an 8,638-square-foot freestanding building, this property offers a robust and lucrative NNN investment that promises long-term value and exceptional returns.
🏢 EXECUTIVE SUMMARY 🏢
This exceptional investment features a well-established cannabis retail operation that promises a stable and reliable income stream. Situated in a freestanding building with an impressive 8,638 square feet, this property offers ample space for the successful operation of the cannabis retail establishment.
🌿 CANNABIS RETAIL AT ITS FINEST 🌿
With a solid track record and a long-term lease in place, this cannabis retail establishment is poised to deliver consistent returns. The property has undergone renovations and updates in 2021, ensuring that it is well-equipped to continue serving the needs of the thriving cannabis market.
🏢 PROPERTY DETAILS 🏢
- Sale Type: Investment
- Property Type: Retail
- Property Subtype: Freestanding
- Building Size: 8,638 SF
- Building Class: C
- Year Built/Renovated: 1970/2021
- Price: $6,850,000
- Price Per SF: $793
- Cap Rate: 5.57%
- NOI: $381,412
- Percent Leased: 100%
- Tenancy: Multiple
- Building Height: 1 Story
- Building FAR: 0.20
- Land Acres: 1.00 AC
- Zoning: HC - Highway Commercial
- Parking: 41 Spaces (4.75 Spaces per 1,000 SF Leased)
- Frontage: 152 FT on US 1
🚀 UNLOCK THE POTENTIAL 🚀
This prime NNN investment offers the perfect opportunity to capitalize on the thriving cannabis industry. With a long-term cannabis retail establishment in place, strategic location, and promising financials, this property is ready to unlock significant value. Contact us today to seize this unparalleled investment opportunity! 🌿🏢🚀
Offered exclusively by Owner or Licensed Agent/Broker
Listing # 7021