Chickasha Distribution 969 Pikes Peak Rd 18,600 SF Industrial Building Chickasha, OK 73018 $2,995,000 ($161.02/SF) 16.03% Cap Rate
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INVESTMENT HIGHLIGHTS
- 969 Pikes Peak Road is a cannabis cultivation warehouse and commercial heavy power facility spanning 18,600 square feet on five fully fenced acres.
- Fully licensed cannabis operations with eight grow rooms, four large greenhouses, a clone room, processing room, and automated lighting and watering.
- Owner financing available and is open to trade options for California land or SFR/commercial properties, Bitcoin is also accepted.
- Sale-leaseback opportunity with immediate income from the established tenant on a NNN lease providing $40,000 per month at a 15% cap rate.
- 1MW of power available and expandable to 5MW, perfect for energy-intensive uses like AI computing, manufacturing warehouses, or cryptocurrency mining.
- Expansion opportunity with the 2 acres of vacant land included with blueprints available for two additional 20,000-square-foot buildings.
EXECUTIVE SUMMARY
969 Pikes Peak Road is a premium, income-generating facility presenting a powerhouse for investors seeking a turnkey opportunity in cannabis, high-power operations (AI, crypto, data center, etc.), or broader commercial applications. With Triple Net (NNN) lease income, room for expansion, and unique flexibility, this property guarantees immediate returns with boundless potential.
Cash Flow and Lease:
Sale-leaseback opportunity with a stable tenant providing an income of $40,000 per month at a very high cap rate.
Facility:
969 Pikes Peak Road is a 5-acre fully fenced site that boasts 1MW of heavy power. The main building is an 18,600-square-foot warehouse facility with a dry room, processing room, clone room, lounge/kitchen areas, eight grow rooms (44 by 30 feet), and four 2,000-square-foot greenhouses with fans for teenage plants. A six-bed, three-bath worker housing building is on-site with a kitchen and additional trailer for flexible accommodations.
Turnkey Cannabis Operation:
This site is fully licensed and designed for efficient and high-quality cannabis production. 969 Pikes Peak Road is equipped with automated lighting and watering, plus security is ensured with alarm systems, key-card access, surveillance cameras, and perimeter fencing.
Development and Expansion:
969 Pikes Peak Road has a strategic location in an unincorporated zone of Grady County, which does not require permitting for new buildings, and the only inspection needed is from the fire marshal after construction. Buyers will have full rights and access to 2 acres of undeveloped land behind the building, with blueprints available for the construction of two 20,000-square-foot buildings/grow rooms. The power can be upgraded to 5MW, perfect for high-volume industries like advanced manufacturing, warehouse distribution, crypto mining, AI and other data center applications, expanded cannabis farm cultivation, and more. There is a nearby substation with high kv lines, 5 megawatts are immediately available, and there is an opportunity to build a 30 megawatt substation on site. Bitcoin, artificial intelligence, and HPC collocation space available with natural gas lines and multiple fiber lines to property available as well.
Flexible Financing:
This can be seller-financed; Owner-Will-Carry (OWC) terms are available. The seller is open to exchange options for California land or SFR/commercial properties and can accept Bitcoin.
Cash Flow and Lease:
Sale-leaseback opportunity with a stable tenant providing an income of $40,000 per month at a very high cap rate.
Facility:
969 Pikes Peak Road is a 5-acre fully fenced site that boasts 1MW of heavy power. The main building is an 18,600-square-foot warehouse facility with a dry room, processing room, clone room, lounge/kitchen areas, eight grow rooms (44 by 30 feet), and four 2,000-square-foot greenhouses with fans for teenage plants. A six-bed, three-bath worker housing building is on-site with a kitchen and additional trailer for flexible accommodations.
Turnkey Cannabis Operation:
This site is fully licensed and designed for efficient and high-quality cannabis production. 969 Pikes Peak Road is equipped with automated lighting and watering, plus security is ensured with alarm systems, key-card access, surveillance cameras, and perimeter fencing.
Development and Expansion:
969 Pikes Peak Road has a strategic location in an unincorporated zone of Grady County, which does not require permitting for new buildings, and the only inspection needed is from the fire marshal after construction. Buyers will have full rights and access to 2 acres of undeveloped land behind the building, with blueprints available for the construction of two 20,000-square-foot buildings/grow rooms. The power can be upgraded to 5MW, perfect for high-volume industries like advanced manufacturing, warehouse distribution, crypto mining, AI and other data center applications, expanded cannabis farm cultivation, and more. There is a nearby substation with high kv lines, 5 megawatts are immediately available, and there is an opportunity to build a 30 megawatt substation on site. Bitcoin, artificial intelligence, and HPC collocation space available with natural gas lines and multiple fiber lines to property available as well.
Flexible Financing:
This can be seller-financed; Owner-Will-Carry (OWC) terms are available. The seller is open to exchange options for California land or SFR/commercial properties and can accept Bitcoin.
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Security System
- Yard
- Storage Space
- Air Conditioning
- Smoke Detector
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Fort Worth
895,008
173
3 h 18 m
Dallas
1,345,047
199
3 h 49 m
Austin
964,254
360
6 h 32 m
Houston
2,325,502
427
7 h 50 m
San Antonio
1,532,233
440
8 h 2 m
Memphis
650,618
519
9 h 13 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
22,998
Total Labor Force
11,823
Unemployment Rate
3.36%
Median Household Income
$51,989
Warehouse Employees
1,743
High School Education Or Higher
88.30%
NEARBY AMENITIES
HOTELS |
|
|---|---|
| Fairfield Inn |
91 rooms
4 min drive
|
| Holiday Inn Express |
62 rooms
5 min drive
|
| Super 8 |
52 rooms
4 min drive
|
| Hampton by Hilton |
63 rooms
4 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $84,725 | |
| Land Assessment | $18,502 | Total Assessment | $103,227 |
