Absolute NNN Lease – Zero landlord responsibilities. Tenant is responsible for real estate taxes, insurance, and all maintenance including the roof.
Annual Rent Increases – Fixed 2.5% annual rental escalations provide a reliable hedge against inflation and support consistent income growth throughout the least term.
Long Term Lease – 10-year initial base term projected to commence Q4 2025, with two additional five-year renewal options that include 2.5% annual rental increases.
Large Parcel Size – Positioned on a ±1.00 acre site, the property offers strong residual land value.
Excellent Access – Easy ingress/egress for both south- and northbound travelers, with a dedicated left-turn lane for northbound drivers.
National Brand Tenant – Leased to Cookies, a globally recognized cannabis brand with 70+ retail locations across the U.S., Canada, and Europe, known for premium proprietary strains and strategic market expansion.