A rare opportunity to acquire a turnkey, state of the art cannabis testing lab located in the heart of Phoenix, Arizona. This 3,300 sq. ft. facility comes fully equipped with everything needed to perform all standard cannabis tests, equipment, and SOPs. The new owner would have to apply for their own License, as the business does not come with a cannabis testing lab license. It includes approximately $1 million in inventory and equipment, representing a total capital investment of $2.5 million. The property offers ample parking with 25 to 35 spaces and a 2 Year lease with a 5 Year renewal option, currently at $3,975 per month and increasing to $4,200 per month starting December 1st.

Arizona’s cannabis market continues to thrive following the legalization of adult-use cannabis, with steady growth in both retail and cultivation sectors. As testing requirements expand and compliance standards increase, demand for certified and trusted testing facilities is stronger than ever. This lab represents a high value turnkey opportunity for operators looking for immediate entry or expansion in one of the Southwest’s fastest-growing cannabis markets. Step in, take over, and grow with minimal downtime and maximum potential.

Details:

Total Space: 3,300 Sq Ft
Rent: $3,975/Month (Starting December 1st, $4,200/Month)
Lease: 2 Years W/ 5 Year Renewal Option
Parking: Ample Parking Lot (25-35 Spaces)
Inventory Included: $1M
Capital Invested: $2.5M
Fully Equipped
Comes With All Instruments to Run All Tests
License That New Owner Would Need:

Testing Laboratory License – authorizes a business to test cannabis and cannabis products.
 

Asking Price: Call For Offers Due By February 20th

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.

Green Life Business Group®, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE CA LIC #02077927

If you have any questions Call Eric (858) 245-6324 

Email: broker@glbgroupinc.com 

Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group® National Affiliate Program