Posted on November 2, 2021 / 318Listing ID: 293320GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,750,000
Status : ACTIVE
Size : 20,000
Power (AMPS) : 2000
Cannabis or Hemp Use Allowed? : Cannabis
License Can Be Moved to Another Location : No
License Type : Recreational, Medical, Medical & Recreational
Sale Type : Cash, Owner Financing, Joint Venture
Company Name : River City Greens
Phone : 9164022700

Turn key operating indoor cultivation facility in Sacramento for sale! If you’re looking for a turn key facility with expansion capabilities, this is it! Our facility is in the Power Inn district where there are no more licenses allowed. We have 9,000 square feet built out and have another 9,000 square feet in buildout phase. We just finished sealing the floor and putting in floor drains into the expansion side. Our power upgrade was just completed by SMUD, which cost over $350k and we now have 3 phase 2000 amps of power. 

The built out 9,000 square feet consists of 6 flowering rooms and 2 vegetative rooms. The flowering rooms range in size and number of lights. We are on a harvest schedule of every two weeks. Currently, there are about 100 lights of flowering in the operating section of the building. The expansion has plans to build out 4 flower rooms with 54 Lux DE lights per room which are included in the sale (216 Luxx DE1000). The expansion is one open space of 9,000 square feet so if someone wants to change plans, they can still do so. You can run double or even triple tiered LEDs because of the high ceilings. The state license is current and up to date and is good until 3/20/2022 before renewal is necessary. The lease is for 5 years with a 5 year option of renewal. The landlord is willing to sell the building with owner financing with a strong down payment. Currently, we pay $1.65 a square foot that will increase to $2.00 once the expansion is built out and stay at $2.00 for remainder of the lease. We have a good standing with all of the inspectors and the Department of Cannabis Control. The only reason we are selling is because owner is moving out of state and needs funds for other projects. 

If you’re looking for a indoor cultivation license then look no further. This operation has room for growth and is in a great location. Contact me for serious inquiries and a tour of the facility with proof of funds. 

Vertically Integrated Retail & Cultivation Empire (Perris & Adelanto, CA) | $29.9M
Opportunity for a Vertically Integrated Retail & Cultivation Empire. This business offers opportunity for absentee ownership, extraordinary sales annual increases, and room to scale!
Call Drew Mathews at (619) 653-0483 for more info. DRE CA LIC# 02091143
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