Cultivation/ 3 net lease-3 locations/ Turn key

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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
Yes
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
Yes
Operations Are Needed:
No

Turn Key. There are 3 tenants (NNN Leases) in 5 buildings netting the owner/landlord over $740,000 annually. This is as easy an income as an investor can have. When it says passive...THIS IS PASSIVE!

Building Size

location 1 :   19,900 sq ft  

location 2 :   15,000 sq ft

location 3 :    2,200  sq ft

 

Price: $11,800,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: LOS ANGELES, California 91605

Recreational: Yes
Medicinal: No

Listing Type

  • Grower/cultivator/producer
  • Manufacturer/processor/extraction
  • Dispensary

Terms And Options

All of the tenants are properly licensed by the state of california to cultivate and sell the product
All of the leases are absolutely NNN (zero landlord/owner responsibilities)
Tenants pay all of the hazard insurance premiums and all of the real estate taxes......this is as passive as it is going to getAll the growers want to extend their leases but 3 years remain.