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Massive Cannabis Property W/ Multiple Licenses For Sale

$ 109,000,000
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Overview

  • Updated On:
  • August 31, 2021

Details

Very unique opportunity in a newly constructed Industrial Green Use Building. This ±44,500 Sq. Ft. is one of a kind Industrial property, located on 4.68 Acres, in an opportunity zone in the Southwest region of San Bernardino County. With approved ±60,000-70,000 Sq. Ft. additional building potential and strategically located to Interstate 15, and close proximity to Los Angeles & Orange County. This opportunity is being offered unpriced on a “as-is” basis for the fee interest in the building and land thereunder. This Investment is offering a terrific opportunity to acquire a spectacular one of a kind Green Use industrial building fully equipped with diversified cash flow in a rapidly growing industrial market.
San Bernardino County wants to establish itself as a hotbed for large-scale cultivation and innovation in cannabis. This cultivation facility has set the bar for indoor cultivation sites.

Details:
  • Location Size: 45,000 Sq Ft (Potentially 110,000 Sq Ft with future build outs currently approved and permitted
  • Land Size: 4.68 Acres
  • Year Built: 2020
  • Parking Spots: 118+
  • Number of Buildings: 1 Building Currently, 2 Buildings Left to Build (Permitted)
  • Lights: 1,300 LUX Lights
  • Watts: 1.5M Watts
  • 2021 On Pace Revenues $29M, EBITDA $20M
  • Estimated Property Value $25M
Licenses:
  • Manufacturing Type 7 Volatile- With a Type 7 you can register your location for shared-use. Non-Volatile: Extraction using a mechanical method or non-volatile solvents such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter
  • Distribution- Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.
  • Cultivation- Growing Cannabis up to 22k SQFT Canopy Size


Asking Price: $109,000,000.00 (Seller Financing Available)

State/County:
Zip: 92401
Country: United States
Country: United States
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Property Id : 20108
Price: $ 109,000,000
Property Lot Size: 200,376 ft2
Franchise?: No
Other Features
Green Building

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