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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! 🌿💼🚀

Market Intelligence Property

This opportunity is included as part of GreenZones' ongoing coverage of cannabis commercial real estate activity in this market.

View the complete market overview, licensing data and additional opportunities:
Oregon Market Intelligence → https://www.greenzones.us/oregon

Interested in this property? Use Connect with Listing Broker above and GreenZones will help route your inquiry to the appropriate property contact when available.

Are you the listing broker or property representative?
Manage or market this opportunity with GreenZones. Explore Placement Options → https://www.greenzones.us/add-listing

 

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