Leased Investment Sale in Sacramento

Details

Listing 4540

ASKING: $1,500,000

Price Includes Real Estate and Delivery & Distribution CUPs.
New Owner/Operator will finalize tenant improvements and the Business Operating Permit.
Approximately $70,000 in tenant improvements required.
Roughly 2 months of construction work, plus state licensing time.

Leased Investment Sale

• Cash-flowing property

Cannabis-tenanted building

• 7,000 SF bldg / 9,150 SF lot
• Operational Cannabis Delivery and Distribution
• Existing Lease: $15k/mo rent including NNN ($2,000)
• Lease terms: 20 years + annual increases

BONUS

• Two additional, vacant, .2-acre, fenced lots included in sale
• Valued at $200,000
• Vacant lots are located across the street from subject property
• In an Opportunity ZoneTerms of Purchase

Term of Purchase

• Asking price: $1,500,000

Jason Piazza – License# 01405965 – WeCann