🌿 EMBRACE A PRIME CANNABIS INVESTMENT 🌿

Discover a remarkable investment opportunity with this corporate-guaranteed, single-tenant property, anchored by the powerhouse {Inquire Directly}, known as {Inquire Directly}. Positioned in Ruidoso, New Mexico, this property offers a plethora of compelling investment highlights and potential for long-term growth.

💼 INVESTMENT HIGHLIGHTS 💼

• Strong Corporate Guarantee from {Inquire Directly}
• 2022 Revenue: $160M | Publicly Traded
• Fixed 10% Rental Increases Every 5 Years
• New Long-Term 10-Year Lease + Renewal Options
• NNN Lease for Ease of Management
• Strategically Located on Major Retail Corridor
• Surrounded by Well-Known Fast Food Chains
• Monthly Cannabis Sales Exceeding $32M (March 2023)

🏢 PROPERTY OVERVIEW 🏢

This impressive property spans 1,600 square feet and showcases a freestanding, single-story building. {Inquire Directly}, the tenant, is a pivotal player in the cannabis retail landscape, boasting 43 locations across New Mexico and Colorado. With a solid corporate guarantee, this investment promises stability and growth potential.

📊 FINANCIAL INSIGHTS 📊

• Cap Rate: 8.50%
• Net Operating Income: $101,643
• Price: $1,196,000
• Price Per SF: $748

🌟 STRATEGIC LOCATION 🌟

Nestled in Ruidoso, New Mexico, this property capitalizes on the state's legalization of cannabis in 2021. As Ruidoso stands across the border from Texas, it attracts a significant population seeking cannabis products. With a population of over 11,000 within a 5-mile radius, this investment harnesses a thriving local market.

Seize the opportunity to invest in a robust cannabis-driven property anchored by a prominent industry player. With a guaranteed lease, strong financials, and strategic positioning, this investment promises enduring value and potential for remarkable returns. Reach out today to unlock the full potential of this prime investment gem! 🌟

Listing # 8023