🌿 CANNABIS INVESTMENT OPPORTUNITY! 🌿

Unlock the potential of the booming cannabis industry with this prime investment property. Featuring a strong corporate guaranteed lease and a strategic location in Carlsbad, New Mexico, this single tenant, absolute NNN leased property is an opportunity you won't want to miss. Don't wait—seize your chance to capitalize on the thriving cannabis market today!

💼 INVESTMENT HIGHLIGHTS 💼

• Price: $2,010,000
• Price Per SF: $306
• Sale Type: Investment NNN
• Property Type: Retail
• Property Subtype: Freestanding
• Building Size: 6,562 SF
• Building Class: B
• Year Built/Renovated: 1990/2023
• Cap Rate: 8.5%
• NOI: $170,800
• Tenancy: Single
• Building Height: 1 Story
• Zoning: C-2 - Commercial

🏢 PROPERTY DETAILS 🏢

This corporate guaranteed lease property is an exceptional opportunity for investors looking to enter the thriving cannabis market. With a strategic location and a strong tenant, R.Greenleaf, this property is well-positioned for long-term success.

📈 INVESTMENT POTENTIAL 📈

• Strong Corporate Guaranteed Lease: Medicine Man Technologies, Inc. (Schwazze) | Public company (OTCQX: SHWZ) (NEO: SHWZ) | 2022 revenue: $160M
• Fixed 15% rental increases every 5 years, including option periods
• New long term 10-year lease plus multiple options to renew | 3 (5-yr) options
• NNN lease for ease of management
• Located on major retail corridor | Adjacent to Denny’s & directly across from Ross, Family Dollar, Famous Footwear, and Maurice’s

🌎 STRATEGIC LOCATION 🌎

The subject property is strategically located in Carlsbad, New Mexico, making it a key dispensary across the northwest Texas border into New Mexico. With cannabis recently legalized in New Mexico, this property is in a prime position to draw from a population trade area of approximately 794,000 people, including Odessa & El Paso, only 115 miles away. The property's advantageous location ensures a steady flow of customers and potential for high foot traffic.

💼 COMPANY PROFILE 💼

Medicine Man Technologies, Inc. (Schwazze) dba: R.Greenleaf owns & operates 43 retail locations in New Mexico and Colorado. As a public company with substantial assets and revenue, Schwazze brings a strong corporate guarantee to this investment.

🌿 CAPITALIZE ON CANNABIS 🌿

With its strategic location, strong tenant, and solid corporate guarantee, this cannabis investment property offers an incredible opportunity to tap into the thriving cannabis market. Secure your stake in the industry's growth and financial potential—act now and make this investment yours! 🌿📈🏢

Listing # 8029