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Updated almost 6 years ago on . Most recent reply

User Stats

184
Posts
79
Votes
Erik K.
  • Realtor
  • McLean, VA
79
Votes |
184
Posts

Invest Passively in a

Erik K.
  • Realtor
  • McLean, VA
Posted

I have a great deal for passive investors.  The tenant for this 19-acre property in Southern California is a publicly traded cannabis company on a triple net lease.  They recently spent $33M on the build out of a state of the art cultivation and production facility.  The second phase of the project was another $10M which will be complete in the next 90 days.  Cashflow from day 1 with no expenses!

Purchase Price: $102,000,000

Cap Rate Year 1-5: 10.79%

Cap Rate Year 6-10: 11.87%

Cap Rate Year 11-15: 13.06%

The improvements, crops and licenses are held as collateral.  The licenses alone are worth $40M.

Syndication or JV opportunity. If you're interested in learning more reach out and I'll send an NDA. I have a ton of information and would be happy to share.

Offering

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