Posted on March 18, 2022 / 110Listing ID: 367982APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
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Price : $22,078,491
Listing Types : Cannabis & Hemp Real Estate & Business Listings / Cannabis & Hemp Real Estate Listings For Sale / Warehouse/Industrial For Sale
Status : ACTIVE
Size : 61,500
Lot Size (Acres) : 1.15 AC
APN : 034-2304-015-00
Power (AMPS) : 3,000 amps @ 277/480 Volts
Cannabis or Hemp Use Allowed? : Cannabis
Year Built : 1970
Company Name : McKinney Capital
Phone : 858.229.5597
Email : jdunlap@mckinneycapital.com
  • 414-420 Lesser St, Oakland, CA
  • 61,500 SF multi-tenant industrial building
  • Stabilized investment
  • Highly desirable location for cannabis tenants
  • Easy freeway access
  • Just minutes away from dispensaries
  • Onsite analytical lab, distributors & delivery
  • Collaborative, recently renovated coworking areas & restrooms
  • All tenants are cannabis businesses
  • 2″ water supply
  • Heavy power (3,000 amps @ 277/480 Volts)
  • Onsite 24-hr security & surveillance cameras
  • Easy access to SF/Bay Bridge & Oakland International Airport 
  • Instant access to I-880 Freeway & Port of Oakland
  • 4 dock loading positions & 4 grade-level doors
  • Property-managed facility
  • ZONING – GREEN ZONE APPROVED: D-CE-6 Central Estuary District Industrial Zone – 6: This zone allows industrial and manufacturing uses, transportation facilities, warehousing and distribution, and similar related supporting uses. Cannabis-related businesses include Type 7 Volatile substances, Type 6 Non-Volatile substances, cultivation, manufacturing, commercial kitchen, laboratory, co-packing, and delivery-only dispensary.
  • Total Income: $1,931,868
  • Earnings Before Taxes: $1,489,725
  • Cash-On-Cash Return: 9.27%
  • Asking Price: $22,078,491
Attachments
AD: Cannabis Real Estate Broker, Roy Harris

  • Call (916) 600-3851 or email.

DRE CA LIC#01853228
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