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