Operational Cannabis Cultivation Real Estate for Sale in Hartshorne, Oklahoma

Offered at $3,000,000, the property includes approximately 115,520 square feet of building area on 12.42 acres.

The entire building is leased to a seller-reported OMMA-licensed medical cannabis grower under a triple-net lease. Current seller-reported rent totals $45,000 per month, or $540,000 annualized. At the asking price, the estimated capitalization rate is 18%, assuming no unreimbursed owner operating expenses and subject to verification of rent collections and expenses.

The tenant plans approximately 30,000 additional square feet of cultivation canopy. The seller projects that the expansion could add $30,000 in monthly rent, bringing potential total rent to $75,000 per month. This additional income is projected, is not current rental income, and is subject to completion, applicable lease terms and confirmation of expansion measurements and rental rates.

The property features a single-story industrial building, brick exterior, extensive paved areas and large interior areas. The offering is for the real estate; the tenant’s operating business and commercial license are not included.

Contact Daniel Perry, Broker, to request the offering memorandum and supporting lease information or arrange a private tour. Tenant identity and sensitive financial and operational documents are available through the qualified-buyer review process.

Area, income, expenses, license status and lease terms are subject to buyer verification.