Distribution and Nursery CUP and building permits for sale or investment

CannaMLS ID: 3412
Save Listing

Price: $3,500,000


Listing Details


Listing Category
Cultivation
Distribution

Medical
YES


Price: $3,500,000

Listing Status: For Sale

This listing is for partial ownership or full buy out of two CUP (one 3000sqft distribution and one 2500 sqft Nursery). The distribution has also received its state provisional license status. 

 

at 5500 sqft the rent is 6750/month, almost half of anywhere else in the area.

There are still a few tenant improvements that need to be done before the final walk through can be completed and the facility is fully operational.

The Company has been around since 2016 and has an established network to once this facility has reached its final license status. Financials are available after signing NDA and NCAs.

Asking pricing for similar licenses are anywhere from 4-7million dollars. Owners are mostly interested in a partnership or a loan backed by equity in the company. They have all previous transactions since opening in 2016 documented. They are in the final steps of the licensing process and need some help finishing the Tennant improvements. 

Owners are ready to move forward with serious inquiries immediately.


Listing Details

Listing Status
For Sale

Location
California 93401

Date Listed For Sale:
2/27/2020

Date Last Updated:
2/27/2020

Property Details

Built out / Turnkey
NO

Room for Expansion
YES

Pricing Details

Listing Price
$3,500,000

Lease Terms:

4 more years left on lease with 2 more 5 year options

6750/ month. once buildout is finished there will be 5500sqft for an average of $1.23/sqft

average lease price in the area is $2.50/sqft


Advertising


 

Hit the "Contact Listing" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannamls.com

 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company‚Äôs website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CannaMLS Inc. and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.