20,000 S.F semi-finished Licensed Industrial space situated in a PRIME Location

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
100 %

Property Details

Property Attached:
No
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

$Lower Price$ $450k down gets you a Licensed Cannabis Long Beach Cultivation Facility Our client is selling 100% ownership of trademarked entity for $1MM paid in installments of $450,000 down and $450,000 upon finalizing lease & license transfer. License/Facility is PERMANENTLY grandfathered even if zoning changes. ● Build-out plans completed per city requirements & ready for building permits. ● Approx. $40,400 in build-out costs. ● Approved Cultivation Canopy size: 7,560 S.F. & eligible up to 10,000 S.F. ● Lease Rate: $2.5 S.F. ($50k) for the first 9 months & $2 S.F. ($40k) for the remaining 18 months. Two 3 year options to renew. ● Distribution license can be added. ● Ample space in the parcel of land to construct a standalone building which would be suitable for a manufacturing license. ● Full estimate/site plans from our architects to get from current status to building permits included in price ● 3 Roll-up doors (10' x 10') with Loading Ramp in the back of building for discrete distribution efforts ● 360 amps - Upgrade available

Price: $450,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/20/2018
License Type:

Location: Long Beach, California

Recreational: Yes
Medicinal: No

Listing Type

  • Grower/cultivator/producer
  • Real Estate

Terms And Options

Landlord is easy to work with and has been operating a landmark liquor store nearby for the last 50 years. Landlord has an excellent relationship w/ the city and is first in line for recreational operations as the city opens up permitting. Landlord is open to purchase offers.