Posted on March 2, 2022 / 158Listing ID: 356727APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $3,900,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 218-6575

Unique opportunity for a cannabis MicroBusiness with cultivation, manufacturing, distribution, delivery, and ancillary retail in Hayward, CA. This is a rare chance to get veritable unilateral permit ownership in one fell swoop; from seed to sale. There is a huge market in Hayward and the surrounding Bay Area. The premises is encompassed on two separate parcels totaling 2.1 acres with plenty of parking and easy access, making this a great destination for anyone looking to expand their retail footprint.

Details:

  • Space: 14,785.6 SqFt building & 22,000 SqFt back building or which 7000 SqFt is entitled for this project. We can expand the entitlement to the entire building if the buyer wants or drop the 7000sf and consolidate the use to the 14,785.6 SqFt Clawiter building
  • Rent:  $1.35/ SqFt
  • Lease Terms: 8 Years Left on Lease
  • Building Power: 2000amps 3 phase 480 (Buyer to Verify)
  • Parking Spaces: 20+
  • 4 years into the project; 2M into the project.
  • 2 buildings associated on basic plot, 2 parcels, 2.1 acres total correct, see the note above for details
  • 2,500 sq ft mezzanine
  • 4 separate suites the 14Ksf Clawiter building is a single unit along with the GH and the back building we have 1 or 4 units but can expand to the entire site or drop the 7000sf unit
  • 2 existing 5,500 sq ft greenhouse frames with approved plans to replace both and and an additional 2,500 sq ft greenhouse
  • This facility, building, and greenhouses were built by Planet Biotech using a $28M federal grant with the purpose to cultivate genetically modified tobacco to extract plant proteins for cancer research, the operation went bankrupt, Seller took over the facility.
  • Previously installed FDA approved Class 5 manufacturing clean room lab (costs $5,000,000). Includes ISO 7 & ISO 9 certified clean room. Barometric pressure, waterfall, door airlocks, floor drains, eye wash station, full blown lab.
  • 30 days of final construction approval needed. Plans ready for final review and to be stamped. Majority of these plans are pre-approved which will save someone 2-3 years since development is almost done. General contractors are already set, all that has to be done is the Buyers need to agree to the contract
  • Greenhouse proposals are done (totaling 13,453.8 sq ft). Everything is ready and waiting to be installed.
  • The cumulative floor area of the storefront retail component shall not exceed ten (10) percent of the first-floor area of the industrial building used for microbusiness activities or one thousand (1,000) square feet, whichever is less. All cannabis and cannabis products for sale as part of an ancillary storefront retail activity must have been cultivated, produced, or manufactured on-site. For non-storefront retail uses, there is no size limitation for non-storefront retail activities and there is no limitation to what retail cannabis products can be sold per Section 10-1.3609(D) of the Hayward Municipal Code.

     

Licenses:

  • Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of  cannabis or cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, cannabis and medical cannabis products as part of a retail sale.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
  • Cultivation: Growing cannabis
  • Manufacturing Type 6 Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
  • Distribution- Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.

Asking Price: $3,900,000.00 (Seller Open to Offers) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Jeff Taylor, DRE CA LIC# 02121244

If you have any questions call Jeff (619) 218-6575

Email: jeff@glbgroupinc.com

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