590 W Plank Rd Altoona, PA 16602
For Sale
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Introducing an outstanding investment opportunity at Zen Leaf Dispensary located at 590 W Plank Road, Altoona, Pennsylvania. This single-tenant property boasts a corporate-guaranteed lease with 7 years remaining and 2% annual rent increases. Zen Leaf, backed by Verano Holdings Corp, a leading cannabis operator, demonstrates commitment with 4 options to extend the lease. As part of the rapidly growing U.S. cannabis industry, Verano operates in 13 states across 132 retail stores, making it a top 5 MSO by revenue. With strong financials and a robust EBITDA margin, this property offers a lucrative investment opportunity. The lease structure includes limited landlord responsibilities, making it an ideal, passive investment for out-of-state investors. Don't miss out on this exclusive opportunity to own a piece of the thriving cannabis industry while enjoying a hassle-free landlord experience. Contact us today to secure your investment in this premier property.
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Zen Leaf - Altoona Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.