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Price on request
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
87%
Lot Size
32 ac
Clear height
20 ft
Loading docks
4
2N WATABEAG ROAD, KIRKLAND LAKE-LICENSED INDOR CANNABIS CULTIVATION FACILITY Rare opportunity to lease or acquire a purpose-built, large-scale indoor cannabis cultivation facility situated on approximately 32 acres in Kirkland Lake, Ontario. The property offers approximately 40,00 sq.ft of indoor cultivation space, plus an additional 15,000 sq.ft of purpose-built storage and support space. KEY HIGHLIGHTS; Active Health Canada cultivation license Cultivation capacity of up to 3500 kg annually Approximately 2 MW of hydro power Approximately 40,000 sq.ft of indoor cultivation space Additional 15,000 sq ft storage and support facility High end cfultivation systems, equipment and infrastructure designed for high-quality, controlled indoor production Millions of dollars invested in the fafility, equipment and infrastructure Established infrastructure allowing a qualified operator to scole production efficiently Eu-GMP-desgined faciity, providing an opportunity to pursure EU-GMP certification, subject to applicable regulatory requirements, inspections and approvals Approximately 32 acres with additional room for expansion and operational flexibilit A substantial turnkey cultivation platform for an experienced licensed cannabis operator, with significant capital investment alreaedy in place and infrastructure designed to support high-quality commercial production. (id:66811)
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Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
65,722
Households
29,544
Median income
$90,500
Median age
43.1
Daytime population
102,751
5-yr growth
9.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2N WATABEAG ROAD, Kirkland Lake.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.