Lease Rate: $2.46 / SF / Month + NNN or $32,000 / Month + NNN
Asking Price: $850,000
Fully licensed business and building, which started improvements in 2021. Take advantage of great taxes at 1%, and a centrally located property in Southern California. Facility has sufficient power for two tiers of LED’s and a full type 7 facility. If the plans are followed, you can be operational in 4 months.
- $19,500 per month or $2.65 PSF/M
- Remaining two (2) years and six (6) months with one (1) five (5) year option to extend
- Approved Building Plans
- All Plumbing Trenched
- Bathroom Framing
- Plumbing to City Upgraded
- Flower Room Drainage Trenched
- 800 A (3 Phase) Approved; Breaker has been purchased pending install
- Due diligence folder with all licenses, entities, lease, and plans are to be provided to buyer, after NDA is signed and proof of funds has been confirmed.
- Stamped Building Permits are at the premises, which can be viewed during the tour.
- Sales Price: $850,000
- Escrow to be 60 days, extendable until change of ownership is completed with city of Long Beach and the DCC.
- 10% to be paid as EMD
- Broker Co-Broker Commission 3%
Miklos Campuzano – Cannabis Real Estate Consultants – DRE# 02072292
- ID: 8371
- Published: November 24, 2021
- Last Update: December 6, 2021
- Views: 317