1868 Royal Drive

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1868 Royal Drive

Jackpot, NV 89825
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Secure Cash Flow Today. Reset Lease in May. Unlock Additional Income with Second Parcel. <p><span>Investment Highlights</span></p> <p><span></span><br></p> <p><span>* Passive NNN-style land lease with Thrive Cannabis Company</span></p> <p><span>* Stable in-place income with minimal landlord responsibility</span></p> <p><span>* Lease renewal in May – tenant eager to sign, opportunity to increase rent at acquisition</span></p> <p><span>* Immediate NOI upside through lease renegotiation</span></p> <p><span>* Adjacent parcel included with utilities stubbed (build-ready)</span></p> <p><s

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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