| 8.2% Cap - NNN lease w/ corporate guaranty from Connected International Inc., zero defaults, escalating to 9.2% in 2029 and 10.4% at the 2034 renewal |
| $82,688/month base rent + NNN — zero landlord expense obligations, perfect on-time payment record since lease inception |
| Institutionally backed tenant — Connected Cannabis Co., $55M+ raised, $9.5M 2025 EBITDA, ~$15M projected 2026, distributes to 175+ dispensaries in CA |
| Address-locked occupancy — cultivation license is site-specific; tenant cannot relocate without a multi-year regulatory restart from scratch |
| Defensible conventional floor — heavy-power infrastructure supports $1.25/SF market rent; conventional re-tenanting yields 5.14% cap at asking |
| 41,600 SF on 2.34 acres, M-2S zoning — Power Inn corridor, direct I-5 and US-50 access, Sacramento's primary cannabis industrial zone |
Jason Piazza
WeCann
