Leased Marijuana Grow Facility

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30774407
Property Subtypes: Manufacturing
Status: Pending/Contingent
Building Size (RSF): 7,370 SF
Gross Building Area: See Agent
Gross Land Area: 1.05 Acres
Sale Price: $1,250,000
Unit Price: $169.61 PSF
Ceiling: 10 ft. Clear
Docks/Doors: 1 Dock
Drive In Bays: 1 Bay
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 11/21/2021

Overview / Comments

Fully Leased Marijuana Grow Facility located in Auburn. This is a strong investment property offering in a growing Cannabis market. This building is completely turn key and built out for the use and isn't duplicatable at the existing asking price. The current tenant has a history in the building and has a growing business that is currently expanding with a retail operation in the building to go along with their growing operation. Solid numbers for any investor looking to take advantage of this market!

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 208-15
Zoning: GB2
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 1956
Parking Type: Surface
Column Spacing: 10

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,039 36,972 57,298
Median Age: 44.33 35.16 37.9
Households: 1,273 15,621 24,191


Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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