3275 E Waterloo Rd - Fully Leased Cannabis Park
$2,888,695
3275 E Waterloo Rd, Edmond, OK 73034
22,400 sqft
Building Size
1.18 acres
Lot Area
Details:
Highlights:
- 12 Flex Industrial Buildings (1,800 SF per Building)
- 1 Administrative Office
- 100% Leased (All OMMA Compliant Cannabis Grow Facilities)
- 11.5% CAP Rate
- Consistent Occupancy
- Highly Desirable Facilities for Medical Marijuana Industry
- Easy Access to I-35
Description:
Built in 2020, 3275 E Waterloo Rd was designed to accommodate cannabis cultivators seeking a turnkey grow facility. Each building on the property was specifically built in compliance with OMMA regulations and has continued to stay in compliance with ever evolving regulations in the industry. In turn this property has become a hub for boutique growers in the Medical Marijuana space. Since completion, occupancy levels have stayed high, given the limited availability of this type of space in the OKC metro. The property features 12 individual grow buildings, on site restrooms, and an administrative office. Currently at 100% occupancy, 3275 E Waterloo Rd boasts a high cap rate of 11.5%.
North side of E Waterloo Road, East side of Robey Dr
Documents:
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| Sale_Brochure.pdf |
Location
