-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
Listing courtesy of Joseph J Kachuroi.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.