Listing ID : 287255
Posted on October 12, 2021 378
Coming Soon….a fully operational cultivation/distribution facility, well situated and easily accessible location in the San Fernando Valley. Power (3 ph/1800 amps/480w), HVAC & all systems in good working order. The building is highly secure, with ample parking and excellent freeway access. The space itself is a 2nd generation build that will most likely be updated by new owners, but is fully functional and productive in its current iteration. 13k sf @$2.75psf ( (with potential room for expansion) Currently permitted for 1-5k sf of canopy, approvals are in place for up to 22ksf of canopy offering a savvy investor/operator PLENTY of upside.
This is an excellent opportunity for a new entrant, a fund, or a seasoned operator to maximize revenue on an underutilized permit. Can be treated as a coupon deal running as is, or built out further as a growth project.
We are experienced operators, and happy to answer any questions you may have.
(financials to be disclosed after proof of funds/NDA signed by both parties).
2408 South Broadway, Los Angeles, CA, USA
Turn key space that includes night time security. 40-camera security system. Security and break rooms. Ample gated parking in a very centralized part
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