Cannabis Cultivation Sale Leaseback Investment

Morenci is a charming city nestled in Lenawee County, Michigan, near the state's southern border with Ohio. Known for its picturesque surroundings and small-town atmosphere, Morenci offers a welcoming community and a blend of rural beauty. The city features a mix of residential neighborhoods, parks, and local businesses, creating a tight-knit community feel. With its proximity to the Michigan-Ohio border, Morenci enjoys a strategic location that adds to its cultural diversity and regional influences. Residents and visitors alike can explore the town's history through its historic architecture, including well-preserved buildings that reflect the area's heritage. The city's parks provide recreational spaces for outdoor activities and gatherings, contributing to the overall quality of life. Morenci's community spirit is evident through local events, festivals, and a strong sense of civic engagement. The city embraces its roots while embracing modern amenities, making it a delightful place to call home or visit for those seeking a peaceful and scenic escape in the heart of the Midwest.Fortis Net Lease is pleased to present this multi-tenant, free-standing Cannabis Cultivating, large scale extraction and processing facility located on 520 Hammontree Dr, Morenci, MI. At the close of escrow, both tenants will sign a brand new 10-year lease which will expire in 2034. The Absolute NNN leases will require zero landlord responsibilities and will feature 2.0% annual increases. This is an ideal opportunity for an investor to purchase a passive income real estate asset with limited responsibilities. The tenants are responsible for all property taxes and insurance.