Property Intelligence

Located along Ute Highway in Lyons, Colorado, this is a freestanding, purpose-built cannabis retail property offered as a single-tenant investment. Constructed specifically for cannabis dispensary operations, the approximately 1,904-square-foot building occupies a 0.43-acre parcel in Boulder County.

The property is leased to IgadI, Ltd., an established Colorado cannabis operator, providing investors with an opportunity to acquire specialized cannabis commercial real estate supported by an existing operating tenant and long-term lease income.

Cannabis Zoning & Licensing Intelligence

The property's established cannabis retail use and specialized building configuration are important investment considerations.

IgadI operates the dispensary at this location. The tenant is an established Colorado cannabis retailer with multiple operating locations.

The property's existing cannabis retail occupancy demonstrates its historical suitability for regulated cannabis operations. However, the real estate transaction should be distinguished from a cannabis business or license acquisition. The tenant's operating license is not represented as part of the property sale.

Prospective purchasers should independently verify the property's current land-use approvals, applicable local requirements, tenant licensing status, and any restrictions affecting continued cannabis retail operations.

Cannabis Market & Investment Perspective

At an advertised asking price of $1,832,000, the property is marketed as a long-term, income-producing cannabis real estate investment.

The offering reports approximately $210,683 in annual net operating income, supported by an absolute triple-net lease with approximately 11.25 years remaining. The lease reportedly includes a corporate guaranty from IgadI, Ltd.

The absolute NNN structure is particularly relevant to investors seeking specialized commercial real estate with contractual income and reduced direct responsibility for property operating expenses.

The combination of purpose-built dispensary improvements, an established cannabis tenant, and an extended lease term distinguishes this property from conventional retail investment opportunities.

Prospective purchasers should review the complete lease, guaranty, rent escalation schedule, tenant financial information, property condition, and remaining contractual obligations before acquisition.

GreenZones Intelligence Score: 90/100

This editorial score reflects the property's purpose-built cannabis retail configuration, established operating tenant, absolute NNN lease structure, reported corporate guaranty, and long remaining lease term.

The property's specialized cannabis use and income-producing characteristics support a strong assessment. The score is an informed GreenZones evaluation of cannabis suitability and commercial real estate characteristics, not an appraisal or guarantee of investment performance.

About This Market Intelligence Record

This property is included in GreenZones' independent cannabis commercial real estate research. Information is compiled from publicly available sources and may not reflect current availability, pricing, lease terms, zoning, or licensing. Inclusion does not imply broker affiliation, owner authorization, or endorsement. Representative imagery may be used.

Explore More: Colorado Market Intelligence

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