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INVESTMENT HIGHLIGHTS
Limited Landlord Responsibilities with Attractive Rental Increases | AYR Wellness and Jersey Mike’s operate under passive net leases with AYR responsible for paying all operating expenses directly.
Long Weighted Average Lease Term Remaining | 8+ years AYR, new 10-year lease Jersey Mike's
Best-in-Class Tenant, Anchored by Publicly Traded Cannabis Operator | AYR’s position as a significant player in the cannabis sector is cemented by its vast network of dispensaries, providing investors with a solid foundation for a safe passive investment.
Proximity to Indiana University of Pennsylvania | The Property is less than two miles from the Indiana University of Pennsylvania (IUP) campus, with over 11,000+ students.
Immediate Retail Synergy & Adjacent to the Indiana Mall |The Property is located along the primary retail corridor in Indiana and is adjacent to the Indiana Mall.
Well Positioned on Oakland Ave & McKnight Blvd |The Property sits on the corner of a primary thoroughfare with two full access points.
Limited License State | As of September 2023, there are only 176 dispensaries throughout the entire state
Exclusively Listed By
BJ Feller
Senior Vice President & Managing Director Contact Broker PA Broker #AB068695
