$650k Down Gets You In!!!
This location has a combined 26,000 SqFt between 3 Buildings on the same lot. There is room to expand with this opportunity, as the owner has plans for 500 flower lights. Building 1 & 2 has plans for 200 flower lights each, and the 3rd building has plans for 100 flower lights plus veg. Currently the owner has half of Building 1 built out and growing with 105 flower lights. The new owner could also upgrade the power to 800 Amps per building, from the current 400 Amp available. The power upgrade could range anywhere from $60k-$100k per building, and could take about 6-12 months from start to finish. During this time, the new owner could start constructing additional grow rooms to maximize time.

The owner does not have the Certificate of Occupancy, the new owner would have to start that process after the takeover. The existing cultivation license permits up to 22,000 SqFt of canopy space, which translates to about 1000 flower lights, depending on the location’s limitations in size and power. Currently, 105 flower lights are set up and have been in use for just one year. With plenty of room to grow and expand, this is an exceptional chance to enter or enhance your presence in a major market. Don’t miss out on this unique, ready-to-operate cultivation facility!

Details: 

Total Space: 26,000 SqFt (3 Buildings Total, Each Around 8k SqFt)
Rent: $40k/Month
Lights: 105 lights (1YR Old) (Plans for total 500 Flower Lights)
AC: (3) 5 Tons
Power: Each Building has 400A 240V 3PH (Could Be Upgraded)
Ceiling Height: Building1 – 12.5ft, Building  2 – 12ft, Building 3 – 15ft
Parking Spaces: 10-20 Spaces (Secure Gated Parking + Street Parking)
Does not have C.O.O. (New Owner must Apply)
Seller Open to Seller Financing with Collateral
 

License: Medium Cultivation- Up to 22k SqFt Canopy

Asking Price: $1.25M (Seller Open to Offers, w/ $650k Down) 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

Eric Espinoza, DRE LIC CA #02077927

If you have any questions Call Eric (858) 245-6324 & Drew (619) 653-0483

Email: broker@glbgroupinc.com & ceo@glbgroupinc.com

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