150 Rio Grande Blvd Denver, CO 80223

Listing agency Marcus & Millichap - Dallas a***@marcusmillichap.com Show Phone

Listed by Adam Abushagur · License #TX 661916

Source Crexi

Added: Apr 11 Updated: Jul 21 at 4:52PM Checked: Jul 22 at 4:37PM

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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.

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

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FAQs

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