Cannabis & Hemp Insurance

Price : $500,000
Listing Type : Retail For Sale
Status : ACTIVE
Size : 1500 or 3500
Power (AMPS) : 3000
License Type : Medical & Recreational
Year Built : 1989
Sale Type : Cash
Utilities : Water, Electricity, Sewer, Trash
Phone : 831.359.3514

For sale is the first testing lab approved in Monterrey County. The site
has its Conditional use in place and the tenant has two options.  The facility is 18k sq ft., has three addresses and electric meters. We received our CUP’s in early October.  We are currently finalizing our floorplans and other application component.  As we have very little build out to do we expect to be to market by the beginning of Q2 ’20.

Two lab Options:
1 is 1500 square feet including the use of multiple common areas and spacious office bathrooms. This area
requires less build out as ADA compliant bathrooms are included.  Option
2 is 3600 square feet but could be multi level. This option requires
complete build out including new rest rooms. 

**VALUE ADDS:  **Lab will also come with built in revenue base as the facility complex will also contain a pesticide remediation firm as well as a brand and white label extraction firm.  Discounted analytical equipment can also be arranged.  Additionally included is a local talented team of laboratory personnel.  The chemists are highly experienced in maintaining and managing first class analytical lab operations.  Resume’s will be provided in continued discussions if this is of value to the purchased.  Basic Pro forma financials have been created for the lab.  This is a near turnkey opportunity in a mini 18k sq ft cannabis campus.  Each of the three business components will create an ecosystem of of companies working with one another in various regulated ways all under the same roof.  Please contact Kris Butler at 831.359.3514

Contact Listing Owner
Cannabis & Hemp Banking

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