The Botanist

Long Lease Term: There are about ±9 years remaining on the base term of the
lease which runs through December 31st, 2034, with two (2) five-year renewal
options on the back end.
Absolute NNN Lease: The property is leased under an absolute NNN structure,
with the tenant responsible for all operating expenses, including taxes,
insurance, utilities, repairs, and capital items, providing truly passive ownership.
Attractive Rental Increases: 2.50% annual rent escalations, creating strong,
predictable NOI growth and built-in inflation protection.
Former Bank Branch with Drive-Thru: The Subject Property is a former bank
branch featuring a double drive-thru, providing strong functional utility. The
existing drive-thru infrastructure enhances operational efficiency and offers the
potential to generate higher sales volumes compared to traditional
brick-and-mortar cannabis dispensaries.
Limited Competition: There is only one other operating cannabis dispensary in
Solon, Ohio. The adjacent county of Geauga County, located immediately to the
east, currently has no cannabis dispensaries, positioning the Subject Property
as the easternmost dispensary in Cuyahoga County. Additionally, the City of
Solon has proposed a zoning amendment that would require new cannabis
dispensaries to be located at least three (3) miles from any existing dispensary,
further limiting future competition within the market.
Strong Multi-State/Established Operator: Canopy Growth Corporation is a
leading global cannabis company headquartered in Canada and publicly traded
on the TSX (WEED) and Nasdaq (CGC). Through Canopy USA, it has built a
strong U.S. presence, including ownership of Acreage Holdings, a multi-state
operator with retail operations across multiple markets. Overall, Canopy
manages a portfolio of 10+ cannabis brands worldwide, offering substantial
scale, capital access, and experienced institutional leadership.

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Broker of Record

Matthew Wallace