Listed by Malman Real Estate
$1,369,000
7289 East Hampden Avenue
Details
Property Type Retail
Sub Type Storefront
Square Footage 1,404
Cap Rate 10%
NOI $136,940
Occupancy 100%
Rent Bumps Yes
Price per SqFt $975
Lot Size (SqFt) 5,250
Retail | 10.00% CAP | 1,404 SqFt
Marketing description
» 100% leased cannabis dispensary
» High visibility location with over 45,000 vehicles per day
» Trees Dispensary is the tenant and is a vertically integrated cannabis company and multi-state operator
» Strong tenant in-place with lease expiring December 31, 2032
» Tenant has two 5-year options to renew at FMV (no less than the previous years rent)
» Next door to a full service and busy gas station, complimentary to the dispensary
Listing Contacts
Listed by Malman Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,940.00
$11,411.67/mo
Valuation Metrics
0
DSCR
10%
Cap Rate
10%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
