This offering presents a compelling opportunity to acquire a stable, cash-flowing asset leased to The Dispensary, a leading cannabis operator backed by Ayr Wellness Inc., a top-tier, publicly traded multi-state operator with a national footprint. The property is secured by a 9-year triple net lease featuring 3% annual rent increases, offering investors passive income with built-in inflation protection.
Located in the Henderson submarket of Las Vegas, the property benefits from prime frontage along S Eastern Avenue, with visibility to 31,000 vehicles per day and immediate proximity to I-215. The tenant’s long-term commitment is evidenced by a 12-year lease extension, full building occupancy, and $1.6 million in capital improvements.
Ayr Wellness operates a fully integrated platform in Nevada — including six dispensaries and multiple cultivation/production facilities — delivering operational scale and supply chain control. Combined with Nevada’s tax-friendly environment, record-setting tourism, and robust job growth, this investment offers a resilient income stream in one of the nation’s most dynamic cannabis markets.