Posted on June 25, 2021 / 400Listing ID: 265602GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $2,800,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 858-633-3013

This is an extremely rare opportunity for someone who is looking to establish a scalable presence in the Cannabis Mecca of the world, Los Angeles County. Seller has a huge 35k SqFt facility with adult-use cannabis Manufacturing & Distribution licenses in hand, and a pending license application for Non-Storefront Retail. The facility features a turn-key industrial kitchen with
millions of dollars in pristine tenant improvements and equipment.

Details:

  • Space: 35k SqFt+
  • Rent: $1.69/SqFt
  • Sublease with three (3) Five-Year options to extend
  • Tenant Improvements and Equipment Included
  • Three suites included:
    Suite A is currently designated manufacturing/kitchen (5,356 sf)
    Suite B is slated for non-storefront retail/delivery (25,240 sf)
    Suite C is currently designated distribution/wholesale (1,907 sf)

Buildout (TIs):

The total spent on the buildout was approximately $2.3M, which includes some $200k for hoods and coolers installed by the contractor. Seller has applied for a third license, for Non-Storefront Retail. The application is pending. Seller also has a Development Agreement in place, which permits Manufacturing, Distribution, and Non-Storefront Retail.

Partial List of Equipment (Full List Available Upon Request):

  • Security Cameras
  • IT Servers
  • Microwave ovens
  • Immersion benders
  • Coffee Grinders
  • Melting tanks
  • Proofer cabinet
  • 3-compartment sink
  • Gas convection oven
  • Dish washer
  • Reach-in freezer
  • Reach-in refrigerator
  • Wall cabinet
  • Food processor
  • Candy Depositing Scale
  • Candy Individual Scale
  • 2-door freezer
  • Chocolate Tempering Machines
  • K Melters
  • Candy KettlesSpeed Racks and Trays
  • Numerous other items (sifters, pans, bowls, pitchers, etc.)

Licenses: 

  • Manufacturing Type 6 (Non-Volatile): Licensees can conduct infusions and can package and label their own products. Non-Volatile: Extraction using a mechanical method or non-volatile solvents such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter
  • Distribution- Distribution of cannabis and cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.
  • Non-Storefront Retail (Both Uses): Deliver cannabis goods to the end-consumers doorstep.

Asking Price: $2.8M

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

Yesenia Jimenez, DRE LIC CA# 02073168

If you have any questions Call Yesenia at (858) 633-3013 or Eric at (858) 245-6324

Or Email : asm@glbgroupinc.com OR eespinoza@glbgroupinc.com

19 AC + 5000 SF building – Owner Financing
For sale 19 ac with a brand new 5,000 SF building. City water meter already on property and septic system. PSO electric, currently 200 amps service on the building. PSO said 600 amps no problem.
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Cannabis & Hemp Banking
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