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Lawrenceville, New Jersey

Lawrenceville, New Jersey

Asking Price: $6,850,000 | 5.57% Cap Rate

Type: Real Estate Investment + Dispensary

Size: 8,638 sqft. | 1 acre

- Full description below -
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Lawrenceville, New Jersey

 

🌿🏢 UNLOCK THE OPPORTUNITY: PRIME CANNABIS RETAIL INVESTMENT 🏢🌿

Welcome to a prime investment opportunity in the world of cannabis retail. Presenting an established cannabis establishment set within an 8,638-square-foot freestanding building, this property offers a robust and lucrative NNN investment that promises long-term value and exceptional returns.

🏢 EXECUTIVE SUMMARY 🏢

This exceptional investment features a well-established cannabis retail operation that promises a stable and reliable income stream. Situated in a freestanding building with an impressive 8,638 square feet, this property offers ample space for the successful operation of the cannabis retail establishment.

🌿 CANNABIS RETAIL AT ITS FINEST 🌿

With a solid track record and a long-term lease in place, this cannabis retail establishment is poised to deliver consistent returns. The property has undergone renovations and updates in 2021, ensuring that it is well-equipped to continue serving the needs of the thriving cannabis market.

🏢 PROPERTY DETAILS 🏢

  • Sale Type: Investment
  • Property Type: Retail
  • Property Subtype: Freestanding
  • Building Size: 8,638 SF
  • Building Class: C
  • Year Built/Renovated: 1970/2021
  • Price: $6,850,000
  • Price Per SF: $793
  • Cap Rate: 5.57%
  • NOI: $381,412
  • Percent Leased: 100%
  • Tenancy: Multiple
  • Building Height: 1 Story
  • Building FAR: 0.20
  • Land Acres: 1.00 AC
  • Zoning: HC - Highway Commercial
  • Parking: 41 Spaces (4.75 Spaces per 1,000 SF Leased)
  • Frontage: 152 FT on US 1

🚀 UNLOCK THE POTENTIAL 🚀

This prime NNN investment offers the perfect opportunity to capitalize on the thriving cannabis industry. With a long-term cannabis retail establishment in place, strategic location, and promising financials, this property is ready to unlock significant value. Contact us today to seize this unparalleled investment opportunity! 🌿🏢🚀

Offered exclusively by Owner or Licensed Agent/Broker

Listing # 7021

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