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Tillamook, Oregon

Tillamook, Oregon

Asking Price: $795,000 | 9.5% Cap Rate

Type: Real Estate Investment

Size: 1,920 sqft. | .27 acres

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Tillamook, Oregon

 

🌿🏢 SEIZE YOUR CANNABIS INVESTMENT OPPORTUNITY 🏢🌿

Unlock the potential of the booming cannabis industry with this remarkable sale leaseback proposition. Partner with Oregon's largest cannabis retailer, {Inquire Directly}, as they continue to expand their presence. Take advantage of a prime location on Hwy 101 in Tillamook, along with a new 10-year lease and strong income potential.

🌟 INVESTMENT HIGHLIGHTS 🌟

  • New 10-Year Lease at Closing
  • Prime Tillamook Location on Hwy 101
  • Prominent Highway Frontage
  • Sale Leaseback Strategy for Growth
  • Renovated in 2016
  • Close to Major Retailers

🏢 EXECUTIVE SUMMARY 🏢

This sale leaseback opportunity offers a strategic partnership with {Inquire Directly}, Oregon's largest cannabis retailer with locations in multiple states. With a new 10-year lease signed at closing and a 9.50% cap rate, this investment provides a reliable income stream. The Tillamook location is conveniently situated in the heart of the city, close to prominent retailers and the famous Tillamook Creamery.

🌆 PRIME LOCATION 🌆

Located on Hwy 101, this property boasts prominent highway frontage and serves as a vital access point for residents and visitors. {Inquire Directly} strategic positioning between major grocery retailers like Fred Meyer and Safeway ensures high visibility and customer engagement.

🏢 PROPERTY DETAILS 🏢

  • Sale Type: Investment
  • Property Type: Retail
  • Building Size: 1,920 SF
  • Building Class: C
  • Year Built/Renovated: 1973/2016
  • Price: $795,000
  • Price Per SF: $414
  • Cap Rate: 9.50%
  • NOI: $75,525
  • Tenancy: Single
  • Building Height: 1 Story
  • Building FAR: 0.16
  • Land Acres: 0.27 AC
  • Zoning: TM-C-H - Cannabis Approved
  • Parking: 25 Spaces (13.02 Spaces per 1,000 SF Leased)
  • Frontage: 100 FT on Hwy 101

📈 SECURE YOUR INVESTMENT 📈

Join forces with {Inquire Directly}, Oregon's leading cannabis retailer, and capitalize on the thriving cannabis industry. With a prime location on Hwy 101, a new 10-year lease, and a strong cap rate, this sale leaseback opportunity is your gateway to a secure and lucrative investment. Contact us to seize this exceptional opportunity! 🌿🏢🚀

Offered exclusively by Owner or Licensed Agent/Broker

Listing # 9021

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