In addition to the prime location for future development, the property is leased until May 2029 to a commercially permitted hemp grower for a base annual rent of $675,000 and profit-sharing percentage with significant upside. The tenants have been leasing the property since 2017. The existing lease has two (2) periods of five (5) year options to extend for a maximum date of May 2039
Listing courtesy of from Pearson Realty.
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