

Institutional-Quality Dispensary Sale-Leaseback
Institutional-Quality Sale-Leaseback Opportunity | 10-YR Absolute NNN
Marketing description
Rare opportunity to acquire a newly constructed, institutional-quality cannabis dispensary leased to Aces Dispensary, a growing multi-location Illinois operator, through a 10-year Absolute NNN lease with a corporate guarantee. The property consists of a ±3,500 SF freestanding building situated on ±3.91 acres along highly trafficked Route 59, benefiting from over 30,000 vehicles per day and strong surrounding retail and residential growth. The investment features a Year 1 NOI of $330,000 with 4.00% annual rent escalations, providing investors with predictable income growth and a hedge against inflation. Under the Absolute NNN structure, the tenant is responsible for all operating expenses, maintenance, taxes, and insurance, creating a truly passive ownership opportunity. Located within Illinois' limited-license cannabis market and one of the fastest-growing suburbs in the southwest Chicago MSA, the property benefits from high barriers to entry, affluent demographics, and continued population expansion. This offering presents investors with secure, long-term cash flow backed by an experienced cannabis operator with four operating dispensary locations throughout Illinois.
Investment highlights
- 10-Year Absolute NNN Lease: Passive investment structure with tenant responsible for all operating expenses, maintenance, taxes, and insurance.
- Corporate Guaranteed Lease: Lease obligations backed by an established multi-location cannabis operator.
- 4.00% Annual Rent Escalations: Built-in NOI growth providing a strong hedge against inflation over the lease term.
- Experienced Multi-Location Tenant: Tenant currently operates four dispensary locations within Illinois.
- Located in a High-Barrier-to-Entry Cannabis Market: Illinois' limited-license structure supports long-term operator stability and continued market demand.
- Positioned within the growing Plainfield market surrounded by dense residential and retail development.
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