$4,200,000 Cannabis and Hemp Processing Facility/Flex Buildings w/Heliport in Grants Pass, OR 9.0% Cap

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Grants Pass Cannabis and Hemp Processing Facility

$4,200,000 | 9.0% Cap Rate
2794 Foothill Blvd. Grants Pass, OR 97526-4157
Exclusive Rose City Commercial Real Estate Listing
Rick Bean: 503-577-1034 rick@rosecitycre.comLOCATION, LOCATION, LOCATION

  • Near I-5 Freeway
  • Located near the Emerald Triangle, the THC/CBD capital of the US
  • Heliport licensed for 2 helicopters

$10k/month upside in rents available

3 buildings located on 3.57 acres with 24,070 sf of warehouse/office/Commercial Kitchen/other buildouts.

  • Currently operating as a hemp processing center with 2 tenants. The seller has a transferable LUCS (Land Use Condition Statement) permitting cannabis and hemp processing.
  • NVESTORS: Fully occupied with 2 tenants desiring to stay– 9.0% Cap on existing rents/expenses. $10,000/month upside available in existing rents = 9.6% Cap.
  • OWNER-USER: Seller will deliver facilities vacant at closing if desired by Buyer.
  • FLEXIBLE ZONING: Rural Commercial allow over 90 uses
  • DOUBLE DOWN: Room for additional development
  • TRIPLE PLAY: Seller also has 3.11 adjacent acres ready for development

Also Available for Purchase: Seller also has 3.11 acres adjacent available. Same flexible zoning and low property tax rate. (2798 Foothill Blvd. Grants Pass 97526)

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Price:$4,200,000
Address:2794 Foothill Blvd.
City:Grants Pass
County:Josephine
State:Oregon
Zip Code:97526
Property Type:Flex
Cap Rate:9.0
Gross Leasable Area:24,070
No. Stories:1-2
Year Built:2005
Parking Ratio:4.0 per 1000
Square Feet:24,070
Acres:3.57
Zoning Description:R-C (Rural Commercial)
APN/Parcel ID:R-333082
No. Dock-High Doors/Loading:20' X 40' Door

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