CannaMLS ID: 5823
Cannabis Cultivation Property for sale in Anacortes, WA 98221
Active Tier 2 Cannabis Production Facility
Created | Updated
Price
$ 2,100,000
This property is an operating legal Tier 2 Cannabis indoor production facility. The Tenant is the licensee, currently in the first year of a multi-year lease. T
- Property
- Licenses
Property
Address: 9642 Padilla Heights Rd
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Purchase price: $ 2,100,000
Monthly lease rate: $ 17,510
Building size (sq ft): 10,000
- Property
- Licenses
Property
Address: 9642 Padilla Heights Rd
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Purchase price: $ 2,100,000
Monthly lease rate: $ 17,510
Building size (sq ft): 10,000
Description
This property is an operating legal Tier 2 Cannabis indoor production facility. The Tenant is the licensee, currently in the first year of a multi-year lease. Tenant pays all operating expenses and customary "triple net" expenses in addition to monthly rent. The facility is fully licensed with all required infrastructure improvements to service the cannabis production license in place. The Premises are made up of Seven adjacent commercial/industrial condominiums, secured as a single licensed facility. The Property is located on the East side of Anacortes, in a quiet, light industrial district, South of Highway 20. Fully sprinkled space, secure storage, security system, heavy electrical, HVAC and controlled access. The sale offering includes 1.38 Acres of raw land for potential expansion. Tax iD #: 49570040010000
5 year NNN lease, commenced 8/15/20. 3% annual rent escalations. Tenant pays most expenses directly. Three 1 year extensions available.
