Single-Tenant Cannabis Cultivation
For Sale
Contact for pricing
150 Rio Grande Blvd, Denver, CO 80223
Single-tenant cannabis cultivation facility with a fully fenced yard and on-site dispensary.
Property Size18,763 SF
Lot Size0.69 Acres
Days on Market128
Property Features for 150 Rio Grande Blvd
General Information
Standard status
Active
Size
18,763 SF
Lot size
0.69 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Adam Abushagur · License #TX 661916
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 14 at 7:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This single-tenant property is leased to The Chronic Factory, LLC and configured for cannabis cultivation with an on-site dispensary. The offering includes approximately 18,763 square feet of total space on 0.69 acres, featuring about 2,582 square feet of retail/office space and a fully fenced-in yard.
The property is located at 150 Rio Grande Boulevard in Denver, positioned about 2.5 miles from downtown Denver and centrally along Interstate 25 and 6th Avenue.
As of May 2022, the lease has five years remaining on an absolute net structure, with 3.0% annual rent escalations and two seven-year renewal options. The operator is described as a vertically integrated cannabis company in operation since 2013, with five active licenses attached to the subject property.
The property is located at 150 Rio Grande Boulevard in Denver, positioned about 2.5 miles from downtown Denver and centrally along Interstate 25 and 6th Avenue.
As of May 2022, the lease has five years remaining on an absolute net structure, with 3.0% annual rent escalations and two seven-year renewal options. The operator is described as a vertically integrated cannabis company in operation since 2013, with five active licenses attached to the subject property.
Key Highlights
- Single‑tenant property at 150 Rio Grande Boulevard in Denver, CO leased to The Chronic Factory, LLC
- Approximately 18,763 SF on 0.69 acres with a fully fenced‑in yard
- Includes 2,582 SF of retail/office space plus cannabis cultivation facility and on‑site dispensary
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,383
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Cannabis property - Single-tenant cannabis cultivation facility with a fully fenced yard and on-site dispensary.
Where is this cannabis property located?
The property is located at 150 Rio Grande Blvd Denver, CO.
What are key features of this property?
This property features: Single‑tenant property at 150 Rio Grande Boulevard in Denver, CO leased to The Chronic Factory, LLC; Approximately 18,763 SF on 0.69 acres with a fully fenced‑in yard; Includes 2,582 SF of retail/office space plus cannabis cultivation facility and on‑site dispensary
