158
Price : $775,000
Listing Type : License
Status : ACTIVE
Phone : 818-806-8245

Licenses:

  • Manufacturing Level 1: Type 6, for sites that manufacture cannabis products using nonvolatile solvents, or no solvents.
  • Cultivation: Indoor cultivation using exclusively artificial lighting allows for a canopy size of up to 22K sqft.  This is bigger and more valuable than the small indoor cultivation that caps at 10K sqft.

Building: 

North Hollywood lease as an option.  No holding costs.  $1 a foot during buildout (up to 9 months).  $2 a foot after that with annual 3% increases.  5 year lease with 2-5 year options.  Right next to Burbank Airport.  Very convenient and desired location.

  • Total Space: 37,000 sqft (Cultivation 26,000 sqft, Manufacturing 11,000 sqft)
  • Ceiling Height: 18′
  • Parking Spots: 20+
  • Power: 600amps
  • Lease: 5 year with (2) x 5 year options
  • Rent: $1.00/sqft During construction & $2.00/sqft After buildout

Or 

Licenses can be relocated to a different building

Asking Price: $775,000.00   Market Value for these 2 licenses is $1.2 Million!   

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

 

Questions? Please Call or Text: 818-806-8245

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