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Industrial Sale: Investment or Owner/User Santa Rosa

3005 Wiljan Ct, Santa Rosa, CA, USA
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  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale

Listing ID : 811416

Listed On June 21, 2024 View Count 35

Listing Updated June 21, 2024

Price :
$6,250,000
Cap Rate:
8%
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis Only
Size:
27,827 Sq. Ft.
Zoning:
IL
Power:
1,000 AMPS
Terms :
Financing:
Cash, SBA
NDA Required:
No
Company Overview :
Description :

WeCann is proud to present this unique opportunity to acquire a 27,827 SF industrial property with strong cash-flow and vacancy for increased investment or owner occupant. The existing tenant is a well-positioned cannabis manufacturer with a proven track record of maintaining profitability in a competitive market, and which has maintained clockwork payments of monthly rent and operating expenses. The vacant unit has city approval for a cannabis micro-business. A buyer may either increase cash-flow through a new lease or occupy the unit.

Property Highlights:

  • 27,827 SF Building11,527 SF Vacant
  • 28 Acre Lot
  • Multiple Units
  • 50+ Parking Spaces
  • 1,000 AMPs – buyer to verify
  • 18’ Clear Height
  • 5 Roll-Up Doors

Financial Summary:
Regardless what a buyer is looking to accomplish, this property is a safe bet due to the strong existing tenant – a multi-state cannabis operator. An owner-occupant may occupy the 11,527 SF vacant unit and maintain a strong 8% CAP rate, or lease the building to a new operator which, depending on the use, can increase CAP returns up to 11.38% based on the asking price of $6,250,000.

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