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Portland, Oregon

Portland, Oregon

Asking Price: $1,000,000 | 8.5% Cap Rate

Type: Real Estate Investment

Size: 1,323 sqft. | .22 acres

- Full description below -
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Portland, Oregon

 

💼🌿 YOUR CANNABIS RETAIL INVESTMENT OPPORTUNITY 🌿💼

Discover a secure investment in the thriving cannabis industry with this exceptional sale leaseback opportunity. Partner with Oregon's largest cannabis retailer, {Inquire Directly}, as they continue to expand their operations. Take advantage of heavy daytime traffic, absolute NNN lease terms, and a prime location in NE Portland.

🌿 INVESTMENT HIGHLIGHTS 🌿

  • Absolute NNN Lease
  • New 10-Year Lease Signed at Closing
  • Strong History of Income Production
  • Cannabis Operation Vertical Integration
  • Prime NE Portland Location
  • Sale Leaseback Strategy for Continued Growth

🏢 EXECUTIVE SUMMARY 🏢

This sale leaseback opportunity offers a partnership with {Inquire Directly}, Oregon's largest cannabis retailer. With a new 10-year lease signed at closing and a history of strong income production, this investment is built for stability. {Inquire Directly} operates multiple farms, ensuring a completely vertical cannabis operation. This location, operational since 2014, holds a key role in {Inquire Directly} expansion plans.

🌆 PRIME LOCATION 🌆

Situated on {Inquire Directly}, a major Portland artery connecting I-84 to various areas, this property benefits from heavy daytime traffic. The location is central to {Inquire Directly} operations and ensures ongoing visibility and customer engagement.

💼 PROPERTY DETAILS 💼

  • Sale Type: Investment
  • Property Type: Retail
  • Property Subtype: Freestanding
  • Building Size: 1,323 SF
  • Building Class: C
  • Year Built/Renovated: 1951/2014
  • Price: $1,000,000
  • Price Per SF: $756
  • Cap Rate: 8.5%
  • NOI: $80,000
  • Tenancy: Single
  • Building Height: 1 Story
  • Building FAR: 0.14
  • Land Acres: 0.22 AC
  • Opportunity Zone: Yes
  • Zoning: CO1 - Cannabis Approved
  • Parking: 7.56 Spaces per 1,000 SF Leased

📈 SECURE YOUR INVESTMENT 📈

Join forces with a leading cannabis retailer in Oregon and secure your foothold in this rapidly growing industry. Benefit from absolute NNN lease terms, a strong income history, and a prime location in NE Portland. Contact us to learn more and capitalize on this exceptional investment opportunity! 🌿💼🚀

Offered exclusively by Owner or Licensed Agent/Broker

Listing # 9023

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