Posted on March 18, 2022 / 126Listing ID: 367982APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $22,078,491
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
  • 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
Cannabis Industry Appraisal Services
With over 25 years experience appraising complex commercial property, Val-Com Appraisal  is confident that we can handle your cannabis property appraisal and business valuation needs, and exceed your expectations regarding cost and turn time.GET MORE INFO
Contact Listing Owner
Cannabis & Hemp Banking