Clayton, Washington

🌿 Fully Leased Cannabis Production Campus | 20 Acres | 7.05% Cap Rate | $4,950,000

📍 Overview

An exceptional opportunity to acquire a fully operational cannabis production and manufacturing park in Clayton, Washington, just 25 miles northwest of Spokane.
This 20-acre, multi-building facility spans approximately 55,600 square feet across 14 structures, purpose-built for large-scale cannabis cultivation, extraction, and product manufacturing.

The property is 100% leased to two established, industry-leading tenants—Ray’s Lemonade and Phat Panda—providing stable, long-term NNN income with an in-place NOI of $349,000 and a 7.05% cap rate.

Built between 2015 and 2022, the campus combines modern infrastructure, high-tech cultivation systems, and efficient layouts designed for maximum operational productivity and compliance.

💼 Property Summary

• Asking Price: $4,950,000

• Total Building Area: ±55,600 SF

• Lot Size: ±20 Acres

• Zoning: Agriculture District (A)

• In-Place NOI: $349,000 (NNN)

• Cap Rate: 7.05%

• Year Built: 2015–2022

• Buildings: 14 total

  • Building 1: 6,600 SF

  • Building 2: 5,000 SF

  • Building 3: 4,000 SF

  • Building 4: 10,000 SF

  • Buildings 5–14 (Greenhouses): ±3,000 SF each

🏗️ Facility Highlights

• Purpose-built cannabis cultivation and processing campus

• High-tech greenhouse systems and manufacturing infrastructure

• Multiple specialized structures for growing, processing, and distribution

• Modern utilities and power capacity suitable for heavy industrial/agricultural use

• Secure perimeter fencing and compliance-ready layouts

• Located 25 miles from Spokane, offering access to workforce and logistics networks

🤝 Tenant Overview

Ray’s Lemonade

• One of Washington’s fastest-growing cannabis beverage manufacturers

• Occupies major processing and distribution spaces

Phat Panda

• Renowned for high-tech cultivation and state-of-the-art greenhouse operations

• Leading brand with a proven track record in large-scale production

🌿 Investment Highlights

• Fully leased, income-producing cannabis park

• Established tenants with national brand recognition

• NNN lease structure offering truly passive income

• Strong regional cannabis market with continued growth potential

• Modern construction and infrastructure supporting long-term tenant retention

• Rare large-scale agricultural zoning (A District) ideal for cannabis, hemp, or future diversification

🏁 Summary of Opportunity

This trophy cannabis production and manufacturing park in Clayton, WA represents one of the most stable and scalable investment opportunities in the Pacific Northwest cannabis sector. With long-term tenants, modern facilities, and a 7%+ cap rate, the property offers immediate returns and strategic upside in a growing market.

A turnkey, income-generating asset ideally suited for investors seeking high-yield agricultural real estate with established, credit-quality operators in place.