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1513 Business Loop E 18,427 SF Retail Building Jamestown, ND 58401 $1,775,000 ($96.33/SF) 6.01% Cap Rate
Investment Highlights
- Institutional tenant
- Regulated industry barriers
- Long-term stability with growth potential
- Absolute NNN
- Below-market rent
Executive Summary
CIC Realty is pleased to present this institutional-quality net-lease
investment featuring Curaleaf as tenant, one of the largest and most
established operators in the regulated cannabis sector. The asset
offers secure, passive income through a long-term lease structure,
while benefiting from below-market in-place rent that provides
built-in mark-to-market upside. Supported by substantial tenant
capital investment and high regulatory barriers to entry, this offering
combines durability with long-term growth potential.
investment featuring Curaleaf as tenant, one of the largest and most
established operators in the regulated cannabis sector. The asset
offers secure, passive income through a long-term lease structure,
while benefiting from below-market in-place rent that provides
built-in mark-to-market upside. Supported by substantial tenant
capital investment and high regulatory barriers to entry, this offering
combines durability with long-term growth potential.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
18,427 SF
Building Class
C
Year Built/Renovated
1970/2021
Price
$1,775,000
Price Per SF
$96.33
Cap Rate
6.01%
NOI
$106,601
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.96 AC
Zoning
AA6 - Industrial
Frontage
305’ on Business Loop East
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Air Conditioning
Property Taxes
| Parcel Number | 74-6684200 | Improvements Assessment | $353,837 |
| Land Assessment | $71,505 | Total Assessment | $425,342 |
Property Taxes
Parcel Number
74-6684200
Land Assessment
$71,505
Improvements Assessment
$353,837
Total Assessment
$425,342
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1513 Business Loop E
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