Boulder Industrial Portfolio

7077 Winchester is 84.4% leased to a cannabis grow and extraction tenant, with the basement space vacant and available for lease. Though leased to a single user, the property accommodates multi-tenancy. The building not only offers a stable tenant, but also provides an investment for the long term in view of the significant capital appreciation enjoyed by investors to date, and the very positive outlook for the Boulder market and Cannabis industry. Boulder continues to draw demand, and as a land-constrained area, 7077 Winchester Circle offers an outstanding investment opportunity and an excellent vehicle for capital preservation. 5735 Arapahoe Avenue is 100% leased to five tenants, many with below market leases in place. The largest tenant represents 54% of the building at 14,279 sf, and occupies the building with a cannabis grow facility and associated offices. The remaining tenants are non-cannabis related and represent various office and light industrial uses. The building has been legally subdivided as condominiums, which allows for traditional financing options on the non-cannabis spaces. The offering includes all units within the building.