NNN Lease cannabis income property for +11% (w/ escalations) blended cap rate over 3 years. $516,000/year current income. 3 years left on lease with 1 termination option. Tenant has occupied property for 9 years. The tenant is showing strong YTD financials, with nearly $1 million in net profit and solid personal guarantees supporting the lease.
A 25,014 square foot industrial building on .88 acres, fully converted into a licensed cannabis cultivation facility. Situated in the Park Hill neighborhood of Denver, the property benefits from a prime central location — just ½ mile from Interstate 70, providing direct access east toward Kansas City and St. Louis, and west toward Las Vegas and Salt Lake City.
Located less than one mile from Denver’s Central Business District, the property is among the most centrally located industrial properties in the City of Denver, offering unmatched logistical
and access advantages