What does Innovative Industrial Properties, Inc. do?

Jun 22 2025 06:58 PM IST
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Innovative Industrial Properties, Inc. is a REIT that acquires and manages industrial properties leased to licensed cannabis operators. As of March 2025, it reported net sales of $72 million and a market cap of $1.593 billion.
Overview:
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for regulated cannabis facilities, operating within the Realty industry and classified as a small-cap company.

Financial Snapshot:
Most recent Net Sales: 72 Million (Quarterly Results - Mar 2025)
Most recent Net Profit: 30 Million (Quarterly Results - Mar 2025)
Market-cap: USD 1,593.00 Million (Small Cap)

Key Metrics:
P/E: 10.00
Dividend Yield: 13.38%
Debt Equity: -999,999.00
Return on Equity: 8.03%
Price to Book: 0.83

Contact Details:
Address: 1389 Center Drive, Suite 200, PARK CITY UT : 84098
Tel: 1 858 9973332
Website: http://innovativeindustrialproperties.com/
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