Off-Market Sale Lease Back | Cannabis CRE Investment Opportunity
Rittertime has recently entered into an agreement with a real estate fund that invests in single-tenant, net leased commercial properties with privately owned cannabis companies. fully integrated, in limited licensed states. Due to federal prohibition on cannabis, even fully integrated cannabis companies in limited licensed states are looking for private funding.
Together, Rittertime and its partners are capitalizing on the opportunity to deploy capital in the space at strong risk-adjusted returns. We have a great opportunity and we would like to give you first look.
INVESTMENT HIGHLIGHTS
- Off-market investment opportunity to acquire and leaseback two cannabis facilities in a densely populated limited-license state
- 8% Preferred Return to LPs, immediate cash flow
- Dynamic, growing sub asset class of cannabis commercial real estate is largely unserved by traditional financing sources
- Assets acquired at 12.50% cap rate (3% escalations per year), Expected LP IRR of 15.10%
INTERESTED?
We would love the opportunity to share more about this exciting project with you. The next step is for us to set up a short call to go over all of your questions and concerns as well as share with you key information that will aid you in your review of this opportunity.
