Property Description
Sale Details:
Status: Closed
M&A: Yes
Deal Type: License & Property
License: Cultivation, Distribution, Manufacturing
Building sqft: 10,600
Total Sales Value: $5,000,000
Approximate Closing Date: 04/01/2019
Represented: Seller
Listing Agent: Jason Piazza
Listing Details:
Buy the business licenses and lease the building: take advantage of an industry pro’s detailed design to take your canna-business to the next level. This classy building is located in a cozy business complex next to a licensed dispensary and offers excellent freeway visibility giving a cannabis entrepreneur the visibility their product deserves with a vertically integrated licensing play. The licenses are ready for your build-out, which saves you 6 months of wait time and thousands of dollars in design fees. Tour by appointment.
Building and Lease:
- Lease Terms: 10 yr term; $3/SF NNN
- Freeway Frontage w/Excellent
- Freeway Access
- Well laid out, modern business park
- 2:1 Parking
- 1 GL Roll-up
- 600 AMP / 3 phase; 4 wire / 480/277 Volt
Licenses for Sale:
- 3 Cannabis Licenses: Cultivation, Manufacturing, Distribution
- $3,000,000
- Phase 2 Submitted w/complete architectural plans
- Just needs build-out and final city approval
- Designed by top notch industry veterans