CannaMLS ID: 9593

Marijuana Property for sale in Chandler, AZ 85226

AYR Wellness Tenant in NNN Lease

Created 1/31/22 | Updated 1/31/22

Price

$ 7,000,000

Seller financing available

-AYR Wellness is a publicly traded company and is the current tenant -Date of Lease 01/27/2021 -Lease commencement date 03/22/2021 -Initial term of fifteen

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Property
Licenses
General

Property

Address: 17006 S. Weber Dr
Property is: For sale, For lease

The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Purchase price: $ 7,000,000
Monthly lease rate: $ 37,500
Building size (sq ft): 16,640

General

Medical: yes
Adult use: yes
Operational: yes
Generating revenue: yes
Built-out/turnkey: yes
Equipment included: yes
Green-zone confirmed: yes

-AYR Wellness is a publicly traded company and is the current tenant

-Date of Lease 01/27/2021

-Lease commencement date 03/22/2021

-Initial term of fifteen (15) years

-Options to extend the Lease

-Option term for four (4) additional term(s) of five (5) years each.

-Base Rent: Monthly Base Rent: $37,500.00

-Base Rent shall increase by three percent (3.0%) each year

effective April 1, 2022 - including options too

-NNN, true triple net

-AYR Wellness dispenses, cultivates, and manufactures from this property

:There is an additional property listed at 26427 S. Arizona Avenue Chandler AZ that is being sold by the seller. If both properties are not bought together then the individual list price will increase. Tenant has a 21 day ROFR from day of offer being shown to tenant.

Please contact Brent Russum at 701-580-3260 / brentrussum@gmail.com