Portland, Oregon
Type: Real Estate Investment
Size: 1,323 sqft. | .22 acres
- Full description below -
Portland, Oregon
💼🌿 YOUR CANNABIS RETAIL INVESTMENT OPPORTUNITY 🌿💼
Discover a secure investment in the thriving cannabis industry with this exceptional sale leaseback opportunity. Partner with Oregon's largest cannabis retailer, {Inquire Directly}, as they continue to expand their operations. Take advantage of heavy daytime traffic, absolute NNN lease terms, and a prime location in NE Portland.
🌿 INVESTMENT HIGHLIGHTS 🌿
- Absolute NNN Lease
- New 10-Year Lease Signed at Closing
- Strong History of Income Production
- Cannabis Operation Vertical Integration
- Prime NE Portland Location
- Sale Leaseback Strategy for Continued Growth
🏢 EXECUTIVE SUMMARY 🏢
This sale leaseback opportunity offers a partnership with {Inquire Directly}, Oregon's largest cannabis retailer. With a new 10-year lease signed at closing and a history of strong income production, this investment is built for stability. {Inquire Directly} operates multiple farms, ensuring a completely vertical cannabis operation. This location, operational since 2014, holds a key role in {Inquire Directly} expansion plans.
🌆 PRIME LOCATION 🌆
Situated on {Inquire Directly}, a major Portland artery connecting I-84 to various areas, this property benefits from heavy daytime traffic. The location is central to {Inquire Directly} operations and ensures ongoing visibility and customer engagement.
💼 PROPERTY DETAILS 💼
- Sale Type: Investment
- Property Type: Retail
- Property Subtype: Freestanding
- Building Size: 1,323 SF
- Building Class: C
- Year Built/Renovated: 1951/2014
- Price: $1,000,000
- Price Per SF: $756
- Cap Rate: 8.5%
- NOI: $80,000
- Tenancy: Single
- Building Height: 1 Story
- Building FAR: 0.14
- Land Acres: 0.22 AC
- Opportunity Zone: Yes
- Zoning: CO1 - Cannabis Approved
- Parking: 7.56 Spaces per 1,000 SF Leased
📈 SECURE YOUR INVESTMENT 📈
Join forces with a leading cannabis retailer in Oregon and secure your foothold in this rapidly growing industry. Benefit from absolute NNN lease terms, a strong income history, and a prime location in NE Portland. Contact us to learn more and capitalize on this exceptional investment opportunity! 🌿💼🚀
Offered exclusively by Owner or Licensed Agent/Broker
Listing # 9023