Posted on October 23, 2022 / 164Listing ID: 482539APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $2,500,000
Status : ACTIVE
Size : 13000
Lot Size (Acres) : 1/4 acre
Power (AMPS) : 220/3 phase
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational
City Tax Rate : 10
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : Higher Point Cannabis
Phone : 951-434-1668

NDA/POF Required:

Property located at the Menifee/Perris City border, highway 215 freeway front.

1/4 acre lot is graded with pad certification for new tilt up constructed commercial building.

Approved plans for a new 13,000 sqft tilt-up building, with city approvals on dispensary, consumption lounge and delivery.

Everything is already in place and ready for construction immediately. 

Buildout cost is estimated to be $1.2M.

Contractor bids are already in place. 

City will allow indoor cultivation at this location if buyer desires.

Property is located visibly from the highway on the border with Menifee in the City of Perris.

Location is expected to be high volume located next to Home Depot, Wenco and Petco.

The nearest dispensary is 11 miles

Buildout is estimated at $85 per sqft.

The estimated total value fully operational is $11.5M.

Dispensary is being offered by a successful local cannabis business. We estimate this location generating $25-$45k daily average, with an annual sales grossing $8-11M. Similar to our other locations.

This is a rare opportunity, we are offering this due to currently having several other locations under construction.

Mira Cannibus Farm | Veguita, NM
Contact Listing Owner
Cannabis & Hemp Banking
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