Investment Overview

Marcus and Millichap is pleased to present the Mr. Nice Guy (MNG) Quality Cannabis location on Northwest Market Street in Salem, Oregon .Mr. Nice Guy in Salem, Oregon signed a new five year lease in September of 2022. The NNN lease calls for tenant reimbursement of all expenses including property taxes, insurance, and maintenance. Excellent rental increases are in-place at 3% annually, along with a personal guarantee by the company's ownership. MNG has no options to renew its tenancy after 2027, providing the landlord with flexibility upon lease expiration. Additionally, No Cause Eviction language in the lease would allow an owner/user buyer to take possession of the premises at their discretion.