Colorado Broker Of Record - Julie McBrearty - License No. : FA1000441441 Faris Lee Investments is pleased to offer for sale a corporate guaranteed, single-tenant, absolute NNN leased property. The cannabis tenant, Star Buds Dispensary, is on a new long-term 15-year lease with two 5-year options to extend the term. The lease includes fixed 15% rental increases every 5 years, with the tenant responsible for all property-related expenses. The lease is guaranteed by Medicine Man Technologies, Inc. (Schwazze), operating under the Star Buds brand. Schwazze runs over 63 retail dispensaries, 6 cultivation facilities, and 4 manufacturing operations across multiple states. Headquartered in Denver, CO, Schwazze is a public company (OTCQX: SHWZ, NEO: SHWZ) with 2024 assets exceeding $339M and revenue surpassing $174M, reflecting a 47% year-over-year growth (2022–2023), and employing more than 850 people. The property is strategically located in Lakewood, Colorado, just under 8 miles from downtown Denver, at a signalized intersection on S. Wadsworth Blvd. and W. Alameda Ave. with 100,000 vehicles per day (VPD) passing by. The location offers high visibility and substantial customer traffic. Adjacent tenants include Dairy Queen and Olive Garden, while nearby retail tenants include Target, Nordstrom Rack, Whole Foods, and The Home Depot, which support consistent consumer activity in the area. Lakewood’s trade area includes over 372,000 residents and 155,000 daytime employees within a 5-mile radius, with an average household income exceeding $108,000. This property represents a secure income stream, backed by a publicly traded corporation, an exceptional location, and long-term investment stability. The location details are as follows: 265 S. Wadsworth Blvd, Lakewood, CO 80226; estimated rentable square footage of 1,220 SF; lot size of 0.27 acres; 13 parking spaces; built in 1967 and recently renovated in 2023; fee simple interest in both the land and building. The property is zoned as Commercial by the City of Lakewood and has one access point via S. Wadsworth Blvd.