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4645 S Swenson Rd Clayton, WA 99110

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20-acre cannabis and agricultural property northwest of Spokane, WA.

Type:Special Purpose
Property size:
55,600 SF
Lot size:
20.00 Acres
Price / SF:
$89/SF
Added:
Sep 29, 2023
Days on Market:
939
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 4645 S Swenson Rd

General Information

Standard status
Active
Size
55,600 SF
Lot size
20.00 Acres
Property subtype
Special Purpose

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Listing Contact
Dave Black

Listing agent Dave Black License #WA12150

Listing office NAI Black

Listing date Sep 29, 2023

Source Crexi

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 NAI Black


Overview

Cannabis and Agricultural Property For Sale

This 20-acre property, located approximately 25 miles northwest of Spokane, WA, is zoned for agricultural use. Constructed between 2015 and 2022, the property includes multiple buildings. Building 1 measures approximately 6,600 square feet, Building 2 is approximately 5,000 square feet, Building 3 is approximately 4,000 square feet, and Building 4 is approximately 10,000 square feet. Additionally, there are ten greenhouses (Buildings 5-14), each measuring approximately 3,000 square feet. The total building size across all structures is approximately 55,600 square feet. Existing tenants include Ray's Lemonade, described as one of the fastest-growing liquid cannabis manufacturers, and Phat Panda, a high-tech grow operation utilizing state-of-the-art technology and occupying the greenhouses. The in-place net operating income (NOI) is $349,000 NNN, with a cap rate of 7.05%.
Location Intelligence

Current Use by Public Records

Ray's Lemonade Corporate Office

Suggested Use

Garden Center Shopping Center & Mall

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Clayton
County
Stevens
State
Washington
Longitude
-117.566505
Latitude
47.966938

FAQs

What type of property is this?
Cannabis property - 20-acre cannabis and agricultural property northwest of Spokane, WA.
Where is this cannabis property located?
The property is located at 4645 S Swenson Rd Clayton, WA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: High In‑Place NOI: $349,000 NNN with a 7.05% Cap Rate; Large Total Building Size: 55,600 SF +/- on 20 Acres +/-; Multiple Buildings: Includes a mix of warehouse/manufacturing buildings and 10 greenhouses
More about this property
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