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The Landing Dispensary Cincinnati 4029 Smith Rd Local commercial 341 m² Immeuble 4 étoiles À vendre Cincinnati, OH 45209 3 937 704 € (11 558,52 €/m²) Taux de capitalisation 10 %

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Certaines informations ont été traduites automatiquement.

INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

Long-Term Corporate Guaranteed NNN Lease: 10-year NNN lease commenced 12/1/ 2023, with three (3) five-year renewal options. 2% annual rent increases.
Excellent Accessibility: Property situated at a 4-way signalized intersection w/ dedicated left turn arrow and two curb cuts
Premier Retail Corridor: 0.2 mi. from Rookwood Commons & Pavilion (600,000 SF Center) - Whole Foods, Macy’s, West Elm, Sephora, Capital Grille & more

Dual-Use License: The Landing Cincinnati operates under Ohio’s “dual-use” license, serving both medical and adult-use cannabis customers.
Immediate I-71 Access: 500 feet from I-71 (127,000 VPD), between Williams St. off-ramp and Smith Rd. on-ramp.
New Build-to-Suit Construction: Completed in 2023: high-end finishes and state-of-the-art security systems.

RÉSUMÉ ANALYTIQUE

Introducing The Landing Dispensary, located at 4029 Smith Road, Cincinnati, Ohio 45209, this single-tenant net lease investment offers a lucrative opportunity in the booming cannabis market. Key features include a long-term 10-year NNN lease with a top-tier tenant, corporately guaranteed by Firelands Scientific, a premier multi-state cannabis operator. The property features a new build-to-suit construction with high-end finishes and cutting-edge security systems. Located in the prime retail corridor of the Rookwood area, this dual-use licensed dispensary caters to both medical and adult-use cannabis customers. Investors will benefit from a stable income stream with built-in rent growth of 2% annually and an award-winning tenant voted Best Dispensary in the 2024 Community Choice Awards. With Ohio's dual-use license allowing for both medical and adult-use cannabis sales, the property is poised for continued success in a market projected to exceed $1 billion annually by 2025. Don't miss out on this opportunity to own a premium property in a high-traffic area with excellent accessibility and a corporate guaranty in place.

The Landing Dispensary Cincinnati