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Lease-to-Own Real Estate Opportunity for Cannabis Ventures

Stockton, CA, USA
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Cannabis Businesses For Sale | Cannabis Business Licenses For Sale

Listing ID : 863778

Listed On November 20, 2024 View Count 186

Listing Updated December 3, 2024

Status :

Listing Highlights :

Price :
$2,495,000
Business Overview :
Year Established:
2024
Inventory Included:
No
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$172,000
Outstanding Liabilities & Debts:
No
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
License Activities:
Cultivation, Manufacturing - Volatile , Manufacturing - Non-Volatile , Delivery, Distribution, Packaging/ Processing
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Facility & Tenant Improvements:
• Fully Fenced • 1/4 mile from I-5 • New Roof (circa 2018) • New Sprinkler System (circa 2018) • New Water Main (circa 2018) • $1,500,000.00 in Site and Interior Improvements (Cultivation Rooms with Dehumidifier) under existing Building Permit (Issued), pending TI Completion and Occupancy
Number of Parking Spaces:
10
Size:
11,500 Sq. Ft.
Lot Size:
0.82 Acres
Utilities:
Electricity, City Water, Sewer, Garbage, Natural Gas
Terms :
Financing:
Other
Company Overview :
Description :

Stockton, CA 95206

Unlock the full potential of your cannabis business with this exceptional Cannabis property! Situated in Stockton’s bustling industrial zone, this property offers the flexibility of a multiple-option purchase agreement, positioning your business for stability and long-term growth. Ideal for ambitious cannabis entrepreneurs, this property comes pre-approved for a variety of cannabis uses under the city’s supportive zoning.

Property Highlights

• Zoning: General Industrial (IG)
• Square Footage: ~11.5k Sq. Ft.

•  Property Entitled with Conditional Use Permit for Cannabis Cultivation, in 2017, additional entitlements for manufacturing, distribution, and non-storefront retail added in 2018;
• Company was awarded State Licenses for Cultivation (Small Indoor) and Distribution Type 11
• State License (Re) Application Package Included in Sale (*Administration Services not included)
• Business Eligible for Local Operators Permit on offer as part of Sale/Lease/Lease to own Package;

Extra Perks:

• (96) TSL Horti-Tech ROI-E420 120-277 V LED Veg Lights (New in Box)
• (210) Spectre Phaser X660PRO LED Grow Lights (Lightly Used)
• (10,000) 3-Gallon Grow Bags
• (9,000) 10cmx10cm Veg Bags
• Rolling Tables for (7) Appx 1,150sf Grow Rooms

Pricing Options

Option A: $2,495,000.00 for Property/Business/All Equipment included (Outright Purchase) Owner Financing up to $1,500,000

Option B: $850,000 for Purchase of Business w/ $1.50/sf Lease (5-Year Lease w (3) 5-Year Options, Option to Purchase at $2.2M)

Drivon Consulting

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