Updated about 7 years ago on . Most recent reply
Invest Passively in a
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.