Investment Property with 8% CAP

Nestled between Downtown and Old Town Albuquerque this property is a prime investment opportunity. Currently has a established Cannabis Dispensary. Lease is in the first year of a 5 yr lease with 2 - 5yr renewals. Rent increase of 3% yr. Current rate is $5000 month modified lease. Property was a restaurant for many years and still can function as one. The hoods, walk in and kitchen area are still intact. The current users intent is to use the kitchen to manufacture cannabis editable.