Sale Leaseback with Oregon's largest cannabis retailer. Operating 47+ retail stores across Oregon, California and Ohio. 40+ in Oregon alone. New 10-year lease signed at closing with 2% annual rate increases. Five 5-year options. Nectar operates multiple farms for a completely vertical cannabis operation. This location has been open since 2014. Has a strong history of income production and will continue to be an important location for Nectar. The sale leaseback strategy is being used to fund continued growth. 122nd Ave is a major artery in the Portland transportation system connecting I 84 with areas as far south as Powell Blvd.