Seize the chance to acquire a state-of-the-art large scale 38,500 SqFt indoor cultivation facility in LA County for just $2.5M! There is no existing license on the property, the new tenant would have to apply for the licenses or transfer licenses to this facility, and enter into a Lease with the landlord. The owners invested $7M into the construction and tenant improvements (TIs) to create a cutting-edge cultivation environment. This facility was designed to accommodate a 10,000 SqFt canopy but offers room to expand up to 22,000 SqFt, pending the new tenant being able to obtain a 22k SqFt canopy license.

The assets included in this sale feature premium FF&E (furniture, fixtures, and equipment) specifically chosen for optimal cannabis cultivation. The facility boasts a high-grade HVAC system, custom-built grow rooms, top-tier lighting, and advanced environmental controls. Additionally, the building’s infrastructure is designed for efficiency, with ample power supply and water access to support large-scale operations.

This expansive 38,500 SqFt indoor cultivation facility offers a great opportunity for industry players seeking a top-tier facility without the usual baggage of debt or liabilities that one comes across in the market. Unlike many indoor cultivations in the area burdened with outdated equipment, subpar buildouts, or financial encumbrances, this facility is a blank slate, ready for a new tenant to step in and bring it to life. Whether you’re planning to move an existing license or initiate a new one, the groundwork is 90% done, saving the new tenant considerable time and capital.

Details:

No Licenses on Property
New Tenant Must Apply or Transfer License to Property
$2.5M Asking For Assets, Buildout, etc + LEASE
Capital Invested: $7M
Buildout & Equipment Less Than 4 YRs Old
Could Have 13-14 Grow Rooms
Zoned For Cultivation, Manufacturing Type 6 & Distribution
Property has 2 Phases, Phase 1 (Built Out) & Phase 2 (Not Built Out, Could Double Stack)
Building Details:

Space: 38,500 SqFt (23,500 SqFt Phase 1 Built Out)
Rent: $1.30/SqFt + NNN
Lease: LL Open to Long Term Lease
Power: 2000 AMPs
Grow Rooms: 10 (Only 5 Built Out)Room 1-2: 54 Lights
Room 3-4: 45 Lights
Room: 5: 63 Lights
Flower Lights: 261 (Could Add More)
Ceiling Height: 12-16’
Roll Up Door: 1
DPS Panels
R&D Room Could be Converted to Additional Grow Room
Option to Purchase Real Estate: Asking $17M for R.E.

Asking Price: $2,500,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions Call Eric (858) 245-6324

Email: broker@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.