Central LA Micro License & Property Available

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
Yes
Property Is Movable:
No
Property Is Included:
Yes
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

  • Sale is for Real Estate with Local and State Licenses
  • Micro license for manufacturing (type 7), distribution, and cultivation licenses. Has temporary state license and has resubmitted already
  • Approximately 25,000 SF of warehouse
  • 25 ft ceilings
  • Power to be upgraded short term to 1500 amps
  • License stacking is possible
  • Lowest Tax Rate in Los Angeles
  • No Social Equity Requirement
  • Property is currently unimproved inside but has a development agreement which can be transferred, and permits are ready to be pulled.
  • Build out estimate is approx $2M for 8,000 SF of cultivation, with balance for manufacturing and distribution

 

Price: $5,500,000

Listing Status: For Sale

Details

Date Listed For Sale: 8/15/2019
License Type: Micro Business licenses

Location: Los Angeles, California 90001

Recreational: No
Medicinal: No

Listing Type

  • Grower/cultivator/producer
  • Manufacturer/processor/extraction
  • Real Estate