Posted on November 20, 2021 / 15Listing ID: 303569GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $225,000
Status : ACTIVE
Size : 25000
Cannabis or Hemp Use Allowed? : Cannabis
License Can Be Moved to Another Location : No
License Type : Recreational
City Tax Rate : 3%
Utilities : Water, Electricity
Sale Type : Cash
Company Name : Milkmen Cannabis
Phone : 2676290290

Milkmen Cannabis has a Provisional License for Tier 2 Cultivation and Product Manufacturing.

The space of 75 Green St. is an empty shell ready for buildout to create grow operations. Milkmen Cannabis has created plans for construction that are ready to execute, all that is required would be an investment of capital.

We are willing to negotiate for the right buyer. The asking price range is $225K-$250k.

Features:

  • Vertical License – Product Manufacturing and Cultivation
  • Eliminate upfront license process, accelerating time-to-operations
  • Large lease space with the ability to grow
  • Blueprints for facility and cooperation with build team ready to execute on designs
  • Completed Special Permitting from Clinton; ready for construction
    Lease Terms:

    Approximately 24,480 (+/-) rentable square feet located on the
    first (1st) floor of the Building consisting of: (a) approximately
    11,520 rentable square feet (the “Initial Premises”), (b) an
    additional, abutting 8,640 (+/-) rentable square feet located on
    the first (1st) floor of the Building (the “First Expansion
    Premises”), and (c) a further, abutting 4,320 (+/-) rentable
    square feet located on the first (1st) floor of the Building (the
    “Second Expansion Premises”)

     

    Lease Term:

    132 months

     

    For the Initial Space:

    $7.00 per rentable square feet
    ($80,640.00 annually/$6,720.00 per month)

    Upon taking possession of the First Expansion Space:
    $6.00 per rentable square feet
    ($120,960.00 annually/$10,080.00 per month)

    Upon taking possession of the Second Expansion Space:
    $5.50 per rentable square feet
    ($134,640.00 annually/$11,220.00 per month)

Dispensary Approvals in a Commercial Shopping Center Location With Favorable Long Term Lease
Establish your dispensary in an A+ location to serve customers for many years to come. For sale is the CUP approval and related assets of a retail cannabis dispensary located in a very busy and successful shopping center in Santa Rosa, CA, the 5th largest city in the Bay Area.
VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
You May Also Like