74Listing ID: 268602GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : Inquire for Price
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : 858-633-3013

A unique opportunity for someone that is looking to establish a cannabis Retail & Delivery business in the city of Sonoma, Sonoma County, CA. Sonoma County currently has a population of over 495K. The city of Sonoma; Population 12K, is a major wine country tourist attraction which features 32 winery tasting rooms and continues to have a steady rise in upscale tourists. This fantastic location on the main East/West Arterial (Napa St. West) will be renovated by 2022. The traffic flow at this location is highly attractive and features a “Left Turn Lane” for easy access along with a rear exit onto parallel Studley Street. Customer parking will not be constrained at this location; there are over 40 parking spots available. In all likelihood, this will be only the second dispensary in the city for many years to come. (The first has been approved but is not yet open.)

Cannabis Businesses have been labeled as essential businesses since March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

 

Details:

  • This landlord is a very creative and easy to work with landlord who is a deal maker who wants to get the right tenant in there who he believes will be in business for the next 10+ years.
  • Space: 2,938 SqFt
  • Rent: $15k/Month NNN
  • Recreational and Medicinal
  • Lease: 5 YR Minimum (LL Open to Long term Lease options) 
  • Free Rent during buildout & Licensing Term until opening day
  • Tenant must pay for all Buildout & Licensing costs
  • Approximate Buildout Cost: $750K 
  • Parking: 40+ Parking Spots 
  • Delivery can supplement Storefront Retail sales
  • Landlord will receive 10% of net business sale proceeds, ONLY if the owner ever sells the Business
  • Potentially Saving Millions of dollars on the cost of buying a Dispensary CUP

 

Licenses:

  • Retail: Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical 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, medical cannabis and medical cannabis products as part of a retail sale.
  • Non-StoreFront Retail- Off-Premises Sales, Direct-To-Consumer.

 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE LIC CA# 02073168

If you have any questions Call Yesenia at (858) 633-3013  or Eric (858) 245-6324

Or Email : asm@glbgroupinc.com or eespinoza@glbgroupinc.com

 

AD: Cannabis Dispensary, Cultivation & Distribution Business For Sale Includes Real Estate (Perris, CA)
Rare opportunity to acquire license + property in Los Angeles County.
Call Drew Mathews at (619) 653-0483 for more info.
DRE CA LIC# 02091143
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Cannabis & Hemp Banking
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