Pahrump, Nevada
Type: Real Estate Investment | Cultivation
Size: 30,000 sqft.
- Full description below -
Pahrump, Nevada
🏢 EXCEPTIONAL MMJ CULTIVATION INVESTMENT 🏢
Discover an unparalleled investment opportunity with this meticulously crafted NNN Leased Licensed Adult Use MMJ Cultivation Facility. Revitalized in 2022, this facility radiates innovation and potential, showcasing a masterful setup for efficient operations.
🌱 INVESTMENT HIGHLIGHTS 🌱
- NNN Leased MMJ Cultivation Facility
- Upgraded in 2022
- 9+ Years Remaining on Initial 10-Year Term
- 45-Minute Drive to Las Vegas
💰 FINANCIAL SUCCESS 💰
Delve into a world of financial prosperity with this coveted investment. In 2023, the property boasts an impressive Net Operating Income of $865,200, reflecting a compelling annual yield of $28.84 per square foot.
🏢 PROPERTY PROFILE 🏢
- Price: $8,652,000
- Price Per SF: $288
- Sale Type: Investment
- Cap Rate: 10%
- Property Type: Specialty
- Building Size: 30,000 SF
- No. Stories: 1
- Year Built/Renovated: 1990/2022
🌿 THRIVING INNOVATION 🌿
Witness the transformation of a cultivation facility that is a true testament to innovation. With meticulous upgrades completed in 2022, this property sets the stage for modern cultivation practices. While photos depict a previous tenant's setup, rest assured that a new tenant is poised to bring this space to life with a renewed vision.
🏢 A FUTURE-READY GEM 🏢
Embark on a journey of financial prosperity and innovation with this NNN Leased Licensed Adult Use MMJ Cultivation Facility. With substantial years left on the lease, proximity to Las Vegas, and a solid 10% cap rate, this investment promises a future full of potential and growth. Don't miss your chance to be a part of the thriving MMJ landscape - seize this opportunity today!
Offered exclusively by Owner or Licensed Agent/Broker
Listing # 6029