561-279-6511
969 Pikes Peak Rd, Chickasha, OK for Sale
Warehouse - FOR SALE
1/28
null | 15% Cap Rate

969 Pikes Peak Rd
Chickasha, OK 73018


HIGHLIGHTS

  • 969 Pikes Peak Road is a cannabis cultivation warehouse and commercial heavy power facility spanning 18,600 square feet on five fully fenced acres.
  • Sale-leaseback opportunity with immediate income from the established tenant on a NNN lease providing $40,000 per month at a 15% cap rate.
  • Fully licensed cannabis operations with eight grow rooms, four large greenhouses, a clone room, processing room, and automated lighting and watering.
  • 1MW of power available and expandable to 5MW, perfect for energy-intensive uses like AI computing, manufacturing warehouses, or cryptocurrency mining.
  • Owner financing available and is open to trade options for California land or SFR/commercial properties, Bitcoin is also accepted.
  • Expansion opportunity with the 2 acres of vacant land included with blueprints available for two additional 20,000-square-foot buildings.

OVERVIEW

969 Pikes Peak Road is a premium, income-generating facility presenting a powerhouse for investors seeking a turnkey opportunity in cannabis, high-power operations (AI, crypto, data center, etc.), or broader commercial applications. With Triple Net (NNN) lease income, room for expansion, and unique flexibility, this property guarantees immediate returns with boundless potential. Cash Flow and Lease: Sale-leaseback opportunity with a stable tenant providing an income of $40,000 per month at a 15% cap rate. Facility: 969 Pikes Peak Road is a 5-acre fully fenced site that boasts 1MW of heavy power. The main building is an 18,600-square-foot warehouse facility with a dry room, processing room, clone room, lounge/kitchen areas, eight grow rooms (44 by 30 feet), and four 2,000-square-foot greenhouses with fans for teenage plants. A six-bed, three-bath worker housing building is on-site with a kitchen and additional trailer for flexible accommodations. Turnkey Cannabis Operation: This site is fully licensed and designed for efficient and high-quality cannabis production. 969 Pikes Peak Road is equipped with automated lighting and watering, plus security is ensured with alarm systems, key-card access, surveillance cameras, and perimeter fencing. Development and Expansion: 969 Pikes Peak Road has a strategic location in an unincorporated zone of Grady County, which does not require permitting for new buildings, and the only inspection needed is from the fire marshal after construction. Buyers will have full rights and access to 2 acres of undeveloped land behind the building, with blueprints available for the construction of two 20,000-square-foot buildings/grow rooms. The power can be upgraded to 5MW, perfect for high-volume industries like advanced manufacturing, warehouse distribution, crypto mining, AI and other data center applications, expanded cannabis farm cultivation, and more. There is a nearby substation with high kv lines, 5 megawatts are immediately available, and there is an opportunity to build a 30 megawatt substation on site. Bitcoin, artificial intelligence, and HPC collocation space available with natural gas lines and multiple fiber lines to property available as well. Flexible Financing: This can be seller-financed; Owner-Will-Carry (OWC) terms are available. The seller is open to exchange options for California land or SFR/commercial properties and can accept Bitcoin.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chickasha Distribution

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

24 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

Rural

APN/PARCEL ID

0000-16-06N-07W-2-001-00,0000-16-06N-07W-2-016-00

ASK ABOUT THIS PROPERTY

Mac BagbyEmaxMore Info
561-279-6511

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Mac BagbyEmaxMore Info
561-279-6511

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.