17006 S WEBER Drive, Chandler, AZ 85226

  • $8,769,000
17006 S WEBER Drive, Chandler, AZ 85226

Overview

  • 0
  • Bathroom
  • 2018
  • Year Built

Description

-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.

  • Address WEBER
  • City Chandler
  • State/county Maricopa
  • Zip/Postal Code 85226
  • Area PECOS INDUSTRIAL PARK

Details

Updated on September 3, 2023 at 6:06 pm
  • Price: $8,769,000
  • Land Area: 2.1 Square Feet
  • Bathroom: 0
  • Year Built: 2018
  • Property Status: Comm/Industry Sale

Additional details

  • Listing ID: 6584213
  • Source System: Arizona Regional Multiple Listing Service (ARMLS)
  • Listing Office: Joseph J Kachuroi

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