Sold – 8,400SF Purpose-Built Facility for Sale at the Gateway to the Emerald Triangle – Yolanda Avenue, Santa Rosa, CA

Details

Listing 415 

Asking Price: Contact us to sign an NDA and see the price and full details of this opportunity.

Santa Rosa is the hub of canna-country. It’s 1 block off Hwy 101 with easy on/off , 15-mins from Santa Rosa airport, less than 1 hour from SAC, SF, OAK & WINE COUNTRY.

Highlights:

• Purpose built, vertically integrated cannabis facility offering a destination experience to serve the canna-tourism boom in Sonoma County
• 4 Stacked Cannabis Permits.
  • 8,400sf
• Serving largest cannabis market in the world; gateway to Sonoma & Napa Wine Country and Emerald Triangle
• Directly off Hwy 101 Exit
  • Across street from brand new IN & OUT
• Less than 1 hr from 4 airports
  • SF, Oakland, SAC
• Built to Suit
  • Supportive landlord. Draft lease in place; final negotiations available for new tenant.
• Est $24M Annual Revenue with 30% EBIDTA
• Serves as a proof of concept that can be replicated across the country

Details:

• STACK OF 4 CANNABIS PERMITS
  • Retail Dispensary (Delivery, Onsite Consumption)
  • Manufacturing (Type 6)
  • Cultivation & Demonstration Greenhouse
  • Distribution
• LOCATION, LOCATION, LOCATION
  • 15M wine country tourists pass by annually
  • Directly off HWY 101 at Exit with both on/off access
  • Brand new In & Out Burger across street, REI Outdoor & Starbucks on corner
  • Hub of canna-country; gateway to Wine Country & Emerald Triangle
  • Less than 1 HR from 4 airports and NorCal urban centers
    • SF, Oakland, Sac, Napa & Sonoma Wine Country
  • Plenty of parking for cars, tour buses and private tour drivers
• READY TO GO
  • Landlord is building facility to specification and delivering a warm shell
  • Draft lease is in place with a non-circumvent and first right of refusal agreement
  • Assignable and sublet options available
  • All CEQA, traffic studies, parking etc… are complete
  • Interior facilities design complete for current layout/floorplan, in compliance with both local and state regulatory agencies
• ASSETS
  • 4 C.U.Ps with assignable lease
  • Complete Facility and interior design with cut sheets
  • Corporate entity (permit holder)
• TIMING
  • Building Permits Q3 2021 (Still  has time to revise all facility design to suit new buyer’s plan and uses)
  • Demo & Construction Q4 2021
  • Grand Opening Q4 2022

Term of purchase

• For sale
  • Asking price will only be revealed after approval following client screening or by signed NDA

Ben Goldman – Cannabis Real Estate Consultants – DRE# 01106590