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

358 Yolanda Ave, Santa Rosa, CA 95404, USA
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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

  • ID: 7020
  • Published: September 30, 2020
  • Last Update: February 22, 2022
  • Views: 1506

Plans

Floor plan

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