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4750 Nome St 42,620 SF Industrial Building Denver, CO 80239 $9,200,000 ($215.86/SF) 10.83% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Structure (Corporate Guarantee)
- 4 Years Remaining on Term (7/19/2029)
- 2% Annual Escalations
- Two - 5 Year Options
EXECUTIVE SUMMARY
The Kramer Group of Marcus & Millichap is pleased to present Medicine Man at 4750 Nome Street, Denver Colorado. Medicine Man was founded in 2009 with the goal of producing high quality and low-cost medical marijuana. After much success on the medical side, Medicine Man moved into the recreational side in 2014. They provide one of the largest varieties of marijuana strains in Colorado and solely sell their own cultivated product. Medicine Man was recently acquired by Columbia Care which is one of the largest and most experienced cultivators, manufacturers, and distributors of cannabis products in the United States. Columbia Care is a publicly traded company.
PROPERTY FACTS
AMENITIES
- Fenced Lot
UTILITIES
- Water
- Sewer
PROPERTY TAXES
| Parcel Number | 1231-01-006 | Improvements Assessment | $1,181,090 |
| Land Assessment | $275,880 | Total Assessment | $1,456,970 |
PROPERTY TAXES
Parcel Number
1231-01-006
Land Assessment
$275,880
Improvements Assessment
$1,181,090
Total Assessment
$1,456,970
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4750 Nome St
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