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40,000 sf warehouse facility (vacant) plus 17k Cannabis Cultivation Income on 2.67 acres at 1025 98th Ave., Oakland, CA

1025 98th Ave, Oakland, CA, USA
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  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale

Listing ID : 602568

Posted on August 14, 2023 View Count 17

Price For Sale:
$19,900,000
Cap Rate:
6.00%
Size:
58,960 Sq. Ft.
Lot Size:
2.67 Acres
Power:
3,400 AMPS
Utilities:
Electricity, City Water, Solar, Sewer, Garbage
Year Built:
1970
City Cannabis Tax Rate:
1.3% Property%
Cannabis or Hemp Use:
Cannabis Only, Hemp Only
Terms of Sale:
Cash, Owner Financing
Company Name:
Wiese & Associates
Phone:
619-905-9097
Email:
Erik@ewiese.com
Description :

Property for Sale on 2.67 acres

A.    39,830 sf warehouse, plus 1,000sf of office to be vacant at close of escrow

         5 grade level doors, 2 interior docks and 3 covered dock high bay

B.     17,340 sf warehouse leased through 1/31/25 + 5 year option

         Annual rent is $482,443 NNN

1500 SF. Los Angeles Cannabis Retail Delivery, Distribution, And Manufacturing Space For Lease.
1500 SF. Los Angeles Cannabis Retail Delivery, Distribution, And Manufacturing Space For Lease.

2408 South Broadway, Los Angeles, CA, USA

Warehouse/ Industrial For Lease

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