For sale is an operating cultivation business in a 10,770 sq. ft warehouse in Oakland California. We have lease options for 8 years (currently below market rate). The lease/landlord and the City of Oakland allow uses for; cultivation, volatile/combustable, distribution, and retail. The lease is fully assignable.
We have developed only 20% of our floor space. There is space and power for approximately 250 1000w lights if used for cultivation. The additional space is also ideal for developing multi use.
We turned the lights on 2 years ago, and built the existing rooms using all new materials and equipment.
5 flower rooms and 2 veg rooms
Each room is identical W16 x L22 x H13
2 rooms fitted with 9 Gavita 1000w DE
3 rooms and fitted with 30 300w CMH
Veg rooms fitted w 300w CMH
5 ton HVAC per room
Quest and Ideal Air 120 pint dehumidifiers
6 custom rolling tables per flower room
Natural gas for Co2 burners
600 amps/ 480v power with 400amps coming after January
We are in Oaklands desired Green and Volatile zone
10,777 sq. ft in a conventional rectangular shape 125’ x 85’
Two roll up loading doors, one on each end
Two standard entry doors, one next to a roll up and one on a third side
Concrete walls with a 14 ft high clear span from floor
Open roof system with 6 large sky lights
Additional loft space possible with ceiling heights varying to 9 feet
24 hr surveillance and armed security
Secure parking lot with automatic gate
Current structure up to code (with some electrical excepted)
Fire sprinklers recently installed
There are currently 4 other tenants in our complex who are in the Cannabis Industry. Our landlord intends to dedicate all remaining space (approximately 60,000 sq. ft) to industry tenants. Space will be available in the near future. Existing tenants will have first consideration.
We are putting a $700,000 valuation for an outright purchase. We may consider purchase/payment options depending on qualification.
We would also welcome investors who may be interested in working with directly us to fully develop the property and potential.
We will also consider breaking up the space on a partnership basis for investors who want to develop other uses such as volatile/combustable/concentrates, distribution or retail.
For a partner/investor interested in cultivation, we can offer all of our existing “grow” related infrastructure plus the space to build 3 similar rooms as a minimum.
A partner/investor could own as much as 90% of their “use” based on “buy in” amount, after which they would be responsible for all of the conditions in our lease on a pro rata basis. Partner/investors must have funding to “buy in” as well as fully fund their build out and pay first and last months expenses plus security deposit.
The current legal owner is an applicant and eligible for a desirable “Equity” permit from the city of Oakland. Our Collective and LLC were established before January 2015 which qualifies us for priority state licensing (SB94 Laws (MAUCRSA)).
Investor/partners may have the option to operate under our permit.
In an outright purchase, there may also be additional value and options to work within our permit and or existing legal status.
Serious responders only. You MUST HAVE CAPITAL ! We will not tolerate tire kickers or pipe dreamers. We are looking for serious entrepreneurs and business leaders who have a passion for cannabis.
Please email us a quick bio and what kind of business you have or are interested in.
This is a RARE opportunity for those who have the funding to move into the legal future of the industry.