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5602 Washington 270 Pullman, WA

For Sale
$595,000

Fully leased cannabis-zoned investment near Washington State University.

Lot size:
3.13 Acres

Property Features for 5602 Washington 270

General Information

Lot size
3.13 Acres

Source: SVN Cornerstone LLC Agent Cayden Kerr

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Cannabis-Zoned Investment Opportunity

This is a rare opportunity to acquire a fully leased, cannabis-zoned NNN investment along the highly visible Moscow-Pullman Highway, situated in one of the only commercially zoned corridors between Washington State University and the University of Idaho. This 3.13-acre site features two stabilized tenants: a dispensary on a new 5-year lease with 5% annual increases, and a grow operation paying consistent rent. Both tenants have been in place since 2016. The current lease extends through December 31, 2030, with a 5-year renewal option. The property is multi-tenant, featuring a retail storefront and a cannabis grow operation. As an absolute NNN property, it offers a fully passive, hands-off investment. The property includes a newer roof and well-maintained infrastructure. There is additional income potential with an existing unused structure ready for redevelopment. The location benefits from strong student, local, and commuter traffic.
Location Intelligence

Current Use by Public Records

Retail space

Map

City
Pullman
County
Whitman
State
Washington
Longitude
-117.1796158
Latitude
46.7312745

FAQs

What type of property is this?
Retail space - Fully leased cannabis-zoned investment near Washington State University.
Where is this retail space located?
The property is located at 5602 Washington 270 Pullman, WA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: - Cannabis-zoned property in a limited-supply market, located between Washington State University and University of Idaho.; - Fully leased with two established tenants (dispensary and grow operation) in place since 2016.; - Absolute NNN lease structure provides a fully passive, hands-off investment.
More about this property
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