Posted on June 22, 2022 / 4Listing ID: 417103APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Status : ACTIVE
Size : 7200
Lot Size (Acres) : 1.26
Lease Type : NNN
APN : 665-030-049
License Type : Recreational
Year Built : 2004

Ascension is pleased to present a value-add cannabis opportunity in Desert Hot Springs for sale or for lease. This 7,200 SF two-story building has a brand-new medical grade LED-light cultivation build-out. The facility is a Turnkey cultivation facility and with a Microbusiness License. It sits on a 1.26-acre lot and includes entitlements for additional two story 24,268 SF Cannabis business building with a CUP for Cultivation, Manufacturing, and Distribution…(The Value Add). The existing facility has 12 foot clear height, 4,000 amps at 480 /277v (enough power to cover the existing and future building), 4 cultivation rooms approximately 4,500 SF of cultivation space, and an approximately 600 SF veg/mother room. It is equipped with an automated iPonic 614 temperature control system 95 tons of A/C, an RO system with water reservoir tanks, and a fertigation system. This is truly turnkey and ready to grow. This is a must-see property with a grade-A cultivation build-out.

 

Fully Equipped Turn Key Cultivation Buildout – Get started ASAP with 138 LED Lights within 4 cultivation rooms, 20 additional LED lights in the Veg room, automatic temp control, 95 tons of A/C, RO system.

Has Been Awarded a Microbusiness License – The site has a microbusiness license which allows for cultivation, manufacturing, and distribution. It is built-out for cultivation. If leased, the Tenant will have to purchase the license from the landlord.

Site is Entitled to Build an Additional Cannabis Use Building on the Lot – Seller has entitled the site for an additional 24,268 SF building on the same site with a cannabis CUP. If leased, the Landlord reserves the right for an easement to develop the back lot, and there may be restrictions on the

use of the back lot.

 

Power Upgraded to 4,000 Amps – The Power has been up graded to accommodate the existing and future building. Power in Dessert Hot Springs is a hot commodity! If leased, it is possible that the power may be split with the future building, if built.

Build-out and Equipment are Brand New – No risk of contaminants from previous grows, no retrofitting, no remediation. The layout is a traditional and functional, designed by seasoned cultivators.

Cannabis Friendly City – Desert Hot Springs is one of the first adopters of the cannabis ordinance in California and is pro cannabis.

 

Contact Listing Owner
Cannabis & Hemp Banking
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