
Tillamook, Oregon
Type: Real Estate Investment
Size: 1,920 sqft. | .27 acres
- Full description below -
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! 🌿🏢🚀
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
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