Potential Large Retail and Consumption Lounge License with Ample Parking in Calexico

Calexico, CA, USA
$1,200,000

Details

Listing 192

License Asking Price: $1,200,000

$1.2M for License | $18,000/month lease (option to purchase property at $2.5M)

Cannabis Use: Retail, Consumption Lounge

Licensed: Yes

Just submitted for a micro business license for cultivation, manufacturing, and distribution to use the rest of the building.

Concept: Large retailer and comfortable consumption lounge. 2,500 sq. ft. dedicated retail and consumption with 18,000 sq. ft. available

Building Sqft: 17,355
Year Built: 2007
Existing Utilities: Electricity, Gas, Water, Trash, Sewer, Roads

Lots of dedicated parking. within walking distance to the highest income generating Walmart in the nation. Other businesses nearby include Medical Offices, FedEx, Movie Theater,
multiple hotels, and restaurants. Proximity to the major southern California artery I-8 near the town of El Centro. Less than ¼ mile from major thoroughfares including US Hwy 111 which has more than 34,000 cars per day fed from the more than 55,053 passengers passing through the US Mexico port of entry per day. Large 20 ft. marquee signage

Zoning Description: C

Terms of Purchase

Size: 17,000 sf
Power: 1,200A
License: Retail+Consumption (Option to add: Cultivation, Manufacturing, Distribution)
CUP: Pending in second set of corrections
Lease Term: 10 yr+ 10 yr option
Lease Rate: $18,000/mo

Miklos Campuzano – Cannabis Real Estate Consultants – DRE#02072292

  • ID: 6102
  • Published: February 26, 2020
  • Last Update: July 15, 2020
  • Views: 850

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