QUAIL POND FARMS CULTIVATION FACILITY

713 Pestletown Rd, Waterford Works, NJ 08089
$8,000,000

Cap Rate
11%
Gross SQFT
55,120
NOI
$879,996
Property Type
Industrial

INVESTMENT HIGHLIGHTS

  • BRAND-NEW CONSTRUCTION – The facility will be built to suit in 2025, with construction set to begin upon closing, ensuring a state-of-the-art cultivation facility.
  • LONG-TERM STABILITY – Investors benefit from a newly executed 10-year lease, providing secure and predictable cash flow.
  • HANDS-OFF INVESTMENT – Structured as an absolute NNN lease, this opportunity requires zero landlord responsibilities, making it a truly passive income stream.
  • MULTIPLE LEASE GUARANTEES – The lease is backed by Quail Pond Farms, LLC, a Tier 6 Class 1 licensed cultivator, along with a personal guarantee from the CEO, adding additional financial security.
  • LARGE PARCEL – Positioned on a sprawling 35-acre site, the property allows for future expansion or development, enhancing long-term value.
  • PROVEN INDUSTRY EXPERTISE – The tenant is led by an experienced team with a strong track record in the cannabis sector, including leadership roles at established multi-state operators.

Broker of Record

  • Patrick Forde
  • License No. 2330333 (NJ)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 52 Park Avenue,
    Suite B5, Park Ridge NJ 07656
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