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Details

-CAP RATE 10.25 -List Price $8,870,634 -Seller will carry a note -100% leased NNN -Tenant One, Total Health & Wellness lease terms end in 2036. Included in lease are four 5 year options. -Tenant Two, P1 Capital Group, LLC lease terms end in 2031. Included in lease is one 5 year option. -Each lease has annual 3% escalators, options also have annual 3% escalators. -Tenants are Arizona State Licensed Cannabis Dispensary, Cultivation, and manufacturers. -High grossing active dispensary tenant. Great demand for this site now and in the future. -Zoning is a special county island located in the city of Chandler. -This is a county island in Chandler, AZ. *Only the sale of the property. Not a sale of the actual cannabis state license held by tenants

PROPERTY FEATURES

Water Source : City Franchise Sewer Source : Public Sewer Electric : 3 Phase Power, Over 220 Amp
Parking Features: Private Parking, Free
Fencing : Chain Link
Cooling: Central A/C Heating : Electric, Natural Gas
Construction Materials: Block
Flooring : Concrete, Other

PROPERTY DETAILS

Street Address: 17006 S WEBER Drive
City: Chandler
State: Arizona
Postal Code: 85226
County: Maricopa
MLS Number: 6584213
Year Built: 2018
Courtesy of Joseph J Kachuroi

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