Elevated Growth Dispensary

High-Yielding Investment – The property is being offered at a Year-1 in-place cap rate of 9.75%.
Absolute NNN Lease – There are zero landlord responsibilities, making it a great investment opportunity for a passive investor.
Attractive Rental Increase – 3.00% annual rent escalations offer a built-in hedge against inflation and long-term income growth.
Large Lot – Situated on a 1.8-acre parcel, offering strong long-term real estate value and future redevelopment potential.
Sticky Tenant – Due to stringent zoning restrictions, cannabis operators face significant challenges relocating. In Ohio, dispensary relocations require state Board of Pharmacy approval and compliance with a detailed regulatory process (contact broker for details). Additionally, per the construction budget, the current tenant has invested over $900,000 in improvements to the property.

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