9,450
Sq. Ft.
0.9403
Acre Lot
Discover this investment opportunity with a Single Tenant NNN Cannabis Investment, currently generating a monthly cash flow of $24,061.21. The lease, initiated in September 2020, extends through August 31, 2030, providing a solid seven years of lease term remaining. Enjoy the assurance of a 3.00% annual increase to the base rent, ensuring continued growth! The tenant has committed to the property through substantial improvements, and their approach includes collaboration with a consultant to execute planned enhancements and secure a Conditional Use Permit from the City of Adelanto. The tenant has consistently met rent obligations since the sixth month of the first year. With a lease duration, consistent cash flow, and tenant-driven property enhancements, this investment stands as a compelling prospect in the cannabis market. Don't miss out on the opportunity for a stable and thriving investment!
HD23222850
Commercial - Industrial, Business Opportunities, 1 Story
1997
San Bernardino
0.9403
Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Courtesy: Paul Casilla, Lee & Associates
Agent Cell Phone: 760-684-4541
Agent Office Phone: 760 475-4669
Agent License: 01881506
Office License: 01328146
Office Phone: 760-241-5211