-CAP RATE 11%
-List Price $8,769,000
-Seller will carry a note
-100% leased NNN
-Tenant One, Total Health & Wellness lease terms end in 2036. Included in lease are four 5 year options.
-Tenant Two, P1 Capital Group, LLC lease terms end in 2031. Included in lease is one 5 year option.
-Each lease has annual 3% escalators, options also have annual 3% escalators.
-Tenants are Arizona State Licensed Cannabis Dispensary, Cultivation, and manufacturers.
-High grossing active dispensary tenant. Great demand for this site now and in the future.
-Zoning is a special county island located in the city of Chandler, AZ.
-This is a county island in Chandler, AZ.
*Only the sale of the property. Not a sale of the actual cannabis state license held by tenants.