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Attleboro, Massachusetts

Attleboro, Massachusetts

Asking Price: Inquire Directly

Type: Dispensary, Cultivation Business with Real Estate included in Sale

Size: 24,700 sqft. | 1.48 acres

- Full description below -
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Attleboro, Massachusetts

 

💼 Prime Cannabis Investment Opportunity in Attleboro!

🌿 Investment Highlights:

  • 2,400 Daily Customers: Vital to operation.
  • Tenant Investment: Huge infrastructure investment.
  • True Triple Net Lease: Tenant responsible for all operating expenses.

📝 Executive Summary: This is your chance to secure a true triple net lease property with Nova Farms at 34 Extension Street, Attleboro. Nova Farms has made substantial investments into the property, turning it into a state-of-the-art facility. With a true triple net lease, the tenant covers all operating expenses, making it a hassle-free investment.

🏢 Property Overview:

  • Usage: Industrial/Warehouse
  • Year Built/Renovated: 1972/2019
  • Building Class: B
  • Lot Size: 1.48 AC
  • Rentable Building Area: 24,700 SF

🌐 Tenant Details: Nova Farms, a well-known and respected player in the cannabis industry, operates from this location. They have achieved recognition and awards for their products in national competitions, making them a trusted name. Nova Farms is vertically integrated, handling everything from cultivation to retail.

🏭 Facility Features:

  • Daily Customers: 2,400
  • Triple Net Lease: Tenant covers all operating expenses.
  • Lab Space: Comparable to a pharmaceutical lab in Cambridge, MA.
  • Distribution: Serves Nova's dispensaries and over a hundred independent dispensaries.

🏆 Awards and Recognition: Nova Farms has received awards in national competitions, including being named the "Beast of the East" by High Times Cannabis Cup. Their commitment to quality and sustainability has earned them a prominent position in the industry.

🌱 Cultivation Practices: Nova Farms cultivates its cannabis on a 90-acre farm in Sheffield, MA, using sustainable and pesticide-free practices. Their dedication to quality without compromising on sustainability sets them apart.

🔍 Utilities:

  • Gas: Natural
  • Water: City
  • Sewer: City
  • Heating: Gas

🚀 Investment Potential: With Nova Farms as a stable and successful tenant, this property offers a unique opportunity for a hassle-free and lucrative cannabis investment. Contact us for more details and to explore this prime investment in the cannabis industry! 💸🌿

Offered exclusively by Licensed Agent/Broker

Listing # 5031

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