Microbusiness in Modesto for Sale

CannaMLS ID: 5006
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Pricing Details

Full Buy Out Price:
$750,000
Buy In Price:
$300,000
Ownership Percentage:
30 %

Property Details

Property Is Leased:
Yes
Real Estate Is Included:
Yes
Has Buy-in Option:
Yes
Has Room For Expansion:
Yes
Operations Are Needed:
Yes

Below market long term lease

Opportunity for expansion into fully built-out cultivation facility in existing 272,000 sq ft cannabis campus

Low cannabis tax rate of 4% gross for microbusiness receipts in Modesto

Nearby Central Valley City of Fresno recently permitted 14 dispensaries

Potential for explosive growth in sales interstate commerce with lifting of federal prohibition

Licenses transferable with market for resale, merger or acquisition

Price: $750,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/5/2021
License Type: Microbusiness

Location: California 95358

Recreational: Yes
Medicinal: Yes

Listing Type

  • Cultivation
  • Manufacturing
  • Distribution



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Terms And Options

5 year lease/$1 per square foot with 5 year option to extend at to $1.46 per sq ft Y9