Cannabis Cultivation+Manufacturing+Distribution license in 10,000 SF Warehouse_FOR SALE (Santa Rosa)

CannaMLS ID: 5671
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Price: $950,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution

License Status
Conditional use permit granted
Municipal / local license granted

Medical
YES

Adult Use
YES

Price: $950,000

Listing Status: For Sale

  • A unique business opportunity to operate an indoor cannabis cultivation, manufacturing, and distribution business in Santa Rosa in a newly built 10,000 square feet industrial warehouse.
  • The owner has an approved conditional use permit from the City of Santa Rosa to operate a commercial cannabis cultivation w/nursery (4,725 SF), non-volatile cannabis manufacturing (1,340 SF), and a cannabis distribution (3,925 SF) facility.
  • The project site is located in a highly desirable industrial neighborhood of Santa Rosa surrounded by commercial uses.
  • Santa Rosa sits between Humboldt County, the State’s major cultivation center, and San Francisco Bay Area region, one of the biggest cannabis retail markets. Santa Rosa is also known for its favorable tax rates and fair cannabis policies.
  • The warehouse has a gated entrance, and the entire perimeter of the project site is fully enclosed.
  • High ceiling – approximately 18’ to accommodate two tier vertical racks in the cultivation section.

Favorable lease terms – see below

  • Facility Details:
    • Space: 10,000 SF
    • Rent: $13,000 (for the initial first five years, the rent will remain $1.30 per square ft with no increase for CPI.)
    • Five, three-year options beginning in 2024
    • Exclusive Right of First Option to purchase the Premises

License Details – Approved Conditional Use Permit for:

  • CULTIVATION W/NURSERY (TYPE 1A & TYPE 4) – 4,725 SQUARE FEET
  • MANUFACTURING LEVEL 1, NON-VOLATILE (TYPE 6) – 1,340 SQUARE FEET (THE FACILITY IS ALSO ZONED FOR A TYPE 7 LICENSE & CAN BE AMENDED IN THE FUTURE TO INCLUDE VOLATILE MANUFACTURING)
  • DISTRIBUTION (TYPE 11) – 3,925 SQUARE FEET

Asking Price: $950,000

If interested (and/or have questions) please contact:

George Abrahamyants at 650-250-5177 (mobile) or email abrahamyants@uchastings.edu


Listing Details

Listing Status
For Sale

Location
Santa Rosa, California 95404

Date Listed For Sale:
10/12/2021

Date Last Updated:
10/12/2021

Property Details

Buiding Size (sq ft)
9900 sq ft

Lot Size (acres)
0 acres

Pricing Details

Listing Price
$950,000

Property Lease Rate
$13,000/month

Lease Terms:

Favorable lease terms:

  • Facility Details:
    • Space: 10,000 SF
    • Rent: $13,000 (for the initial first five years, the rent will remain $1.30 per square ft with no increase for CPI.)
    • Five, three-year options beginning in 2024
    • Exclusive Right of First Option to purchase the Premises

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