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1868 Royal Dr - Cannabis Dispensary Ground Lease Investment 1.2 Acres of Commercial Land Offered at $726,364 CAD in Jackpot, NV 89825
Investment Highlights
- Highway Frontage
- Room to expand
- Current tenant lease
Executive Summary
Rare opportunity to acquire a stabilized cannabis real estate investment featuring a long-term ground lease with an established dispensary tenant. The tenant owns the building and improvements, while the property owner benefits from passive land lease income with minimal landlord responsibilities.
This investment offers predictable cash flow through a NNN ground lease structure, providing investors with a hands-off ownership opportunity in the growing cannabis industry. The property is strategically located with strong visibility and access, serving an established customer base within the market.
Additional upside exists through a second adjacent parcel that has already been improved with water, sewer, and electrical infrastructure, creating future development potential for additional leased parking, expansion, or complementary commercial uses.
Investment Highlights
Long-term cannabis dispensary ground lease
Tenant-owned building and improvements
NNN lease structure with limited landlord responsibilities
Stable, recurring rental income
Established operating dispensary
Additional development parcel included
Utilities installed on expansion parcel
Future income and value-add potential
Passive investment opportunity
This offering combines current cash flow
This investment offers predictable cash flow through a NNN ground lease structure, providing investors with a hands-off ownership opportunity in the growing cannabis industry. The property is strategically located with strong visibility and access, serving an established customer base within the market.
Additional upside exists through a second adjacent parcel that has already been improved with water, sewer, and electrical infrastructure, creating future development potential for additional leased parking, expansion, or complementary commercial uses.
Investment Highlights
Long-term cannabis dispensary ground lease
Tenant-owned building and improvements
NNN lease structure with limited landlord responsibilities
Stable, recurring rental income
Established operating dispensary
Additional development parcel included
Utilities installed on expansion parcel
Future income and value-add potential
Passive investment opportunity
This offering combines current cash flow
Property Facts
| Price | $726,364 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Ground Lease (Leasehold) | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.20 AC |
| Zoning | C2 | ||
| Price | $726,364 CAD |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.20 AC |
| Zoning | C2 |
1 Lot Available
Lot
| Price | $726,364 CAD | Lot Size | 1.20 AC |
| Price Per AC | $605,303.15 CAD |
| Price | $726,364 CAD |
| Price Per AC | $605,303.15 CAD |
| Lot Size | 1.20 AC |
Prime commercial ground lease opportunity on a fully improved and development-ready site. The property features completed infrastructure including water, sewer, power, paved access, curb and gutter, and established ingress/egress points.
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Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 009-008-023 | Improvements Assessment | $31,966 CAD |
| Land Assessment | $8,872 CAD | Total Assessment | $40,838 CAD |
Property Taxes
Parcel Number
009-008-023
Land Assessment
$8,872 CAD
Improvements Assessment
$31,966 CAD
Total Assessment
$40,838 CAD
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Presented by
Bottari & Associates Realty
1868 Royal Dr - Cannabis Dispensary Ground Lease Investment
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