Listing ID : 873982
Broker ID : 1624
Listed On January 10, 2025 253
Listing Updated January 10, 2025
Massive Cannabis Cultivation Real Estate For Sale By Receivership CALL FOR OFFERS FEB 14th (Stockton, California) #1624
This is being sold by way of court ordered receivership and is subject to court confirmation
This state-of-the-art cultivation facility spans 31,807 sq. ft. on a 1.91-acre property, showcasing a $12.5M investment in cutting-edge technology and infrastructure. The previous tenant having equipped 575 flower lights and 190 veg lights, the operation is powered by four 350 KVA natural gas generators and boasts over 450 tons of premium AAON HVAC systems for optimal climate control. Advanced fertigation and filtration systems ensure superior plant health, while a 24/7 cutting-edge security system guarantees safety.
633 San Juan Avenue in Stockton, CA is a class A industrial building with a 20-year long-term sale leaseback from a publicly traded tenant. This high tech cultivation and distribution facility leased back to publicly traded tenant, who is a leading Cannabis company, is a rare opportunity to earn great returns from a Class A Industrial property. The property offers a long-term lease of 20 years at $80k/month, providing stability for future operations. This high-performing facility stands as a testament to tenant investment and operational excellence, perfectly positioned to support large-scale production. A prime opportunity for industry leaders seeking a turnkey, top-tier cultivation operation in California’s thriving cannabis market. As a call for offers listing, this opportunity promises a swift and competitive sale process. One of the standout features of this opportunity is its status as a receivership listing. This designation ensures a clean and efficient transaction process, emphasizing transparency and ease of negotiation. Buyers could expect streamlined procedures and a straightforward path to ownership, making this one of the cleanest deals available in the market.
Details:
Space: ±31,807 square feet
Acreage: ±1.91 Acre
Flower Lights: 575
Veg Lights: 190
Tenant Lease: 20 YR
Power: 800 AMPs 3Phase
Four 350 KVA natural gas generators.
Over 450 tons of top-of-the-line AAON HVAC.
Fertigation and filtration systems.
Cutting-edge 24/7 security system.
License:
License Type: Annual Adult-Use-Small Indoor
Asking Price: Call For Offers FEB 14TH
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
Drew Mathews, DRE CA LIC# 02091143
Eric Espinoza, DRE CA LIC# 02077927
If you have any questions Call Eric (858) 245-6324 & Drew (619) 653-0483
Email: broker@glbgroupinc.com & ceo@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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