Innovative Industrial Properties Inc  

(Public, NYSE:IIPR)   Watch this stock  
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33.15
+2.90 (9.59%)
Real-time:   2:24PM EST
NYSE real-time data - Disclaimer
Currency in USD
Range 31.33 - 33.50
52 week 15.45 - 36.88
Open 31.93
Vol / Avg. 272,546.00/230,709.00
Mkt cap 116.06M
P/E     -
Div/yield 0.25/3.02
EPS -0.63
Shares 3.50M
Beta     -
Inst. own 28%

Key stats and ratios

Q3 (Sep '17) 2016
Net profit margin 21.42% -
Operating margin 18.92% -
EBITD margin - -
Return on average assets 2.00% -
Return on average equity 2.13% -
CDP Score - -

Address

11440 W Bernardo Ct Ste 220
SAN DIEGO, CA 92127-1643
United States - Map
+1-858-9973332 (Phone)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

Innovative Industrial Properties, Inc. is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases. It is focused on leasing its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including maintenance, taxes and insurance. The Company intends to conduct business in an umbrella partnership real estate investment trust (UPREIT), structure through its operating partnership. The Company's real estate investments will consist of primarily properties suitable for cultivation and production of medical-use cannabis.