Turn Key Indoor Cultivation Facility for lease in Denver with a Tier 4 Cultivation License (10,000 Plants) and a Centralized Distribution Permit. Seller was producing 11,000 pounds of fresh frozen annually, although about 2,500 pounds of high quality dried and cured flower could be produced instead. And with upgrades to the facility, more than 5,000 pounds of high quality dried and cured flower could be produced. Extremely well located in the City of Denver, right off a major freeway and a city highway. Perfect for a local dispensary operator looking to vertically integrate operations. 20,672 sq. ft. cultivation facility with 5 flower rooms with 8,100 total sq. ft of canopy and 221 high pressure sodium lights. 3384.5 sq. ft. of veg and mother space with 55 assorted lights. Power is 480/208/120, 3 phase and 1 phase; can be upgraded. 30 Parking Spaces. NNN Lease at $22,250 monthly until 10/1/23 and $23,421 monthly thereafter until expiration of the Lease on 10/31/23. Option to purchase the real estate for a cap rate of 8% of net monthly rent. Seller is open to seller financing for a portion of the purchase price. NDA and POF required. Seller is represented by Douglas Elliman, Brittanie Rockhill, Broker, Colorado DRE #FA.100019229 and Buyers will be represented by Karen Muller, Broker, California DRE #02057185.
