Listing ID : 387528
Posted on April 20, 2022 116
Stream Realty Partners is pleased to present for sale-leaseback 100 Sycamore Road in Arvin, California, a 35,162 SF warehouse located in a federal opportunity zone, providing investors the ability to defer, or circumvent, capital gains taxes on real estate and businesses.
The property is minutes away from I-5 and SR-99, offering a strategic location for statewide accessibility – a key requirement for cannabis companies. The City of Arvin is about fifteen miles southeast of Bakersfield, and 37 miles north of Los Angeles County. It is home to an established agricultural community. Arvin continues to be progressive towards cannabis and offers some of the best local tax rates in the state. Additionally, because of the city’s location, logistics hubs have proven to be successful throughout the area.
This rare opportunity features a cannabis-licensed facility in Kern County, California with the chance to acquire the property for below replacement cost.
5,600SQ ft Turn-Key Facility for Indoor Medical Marijuana Caregiver Production. This property is producing medical marijuana under Caregivers. Thi
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