Active
Grow West
975 Kelly Rd Cumberland, MD 21502
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Overview
Unique Sale/Lease Back opportunity to break into the Cannabis Industry and Industrial Real Estate market. Tenant will enter into a 20-year lease at escrow with six 5-year options.
Grow West is uniquely positioned in Cumberland Maryland. The site is within close proximity of Pennsylvania, West Virginia, Washington DC, and Virginia state lines. This location allows Grow West the ability to rapidly increase market share by enabling interstate access once cannabis becomes recreationally legalized. The Maryland market is a robust limited license medical cannabis market with strong, long-term, growth potential.
- One of the Largest Cannabis Growers on the East Coast
- Fully Leased 208,645 sf industrial building
- Tenant has the potential to expand to an additional 61,000 sf
- Opportunities for accelerated depreciation
Douglas Commercial
For Sale
Industrial
- Price
- $36,000,000
- County
- Allegany
- Created
- Tue Sep 05 2023
- Updated
- Mon Mar 02 2026