Premier Indoor Cultivation Facility in Green Zone Cannabis Campus

Business Description

Custom indoor cultivation facility, designed by a highly experienced grower, who produced top-shelf flower for over a decade. 4,680 sq. ft. of canopy to be allocated to 5-6 hydroponic flower rooms. Approximately $1.5 million is currently required to complete the turn key build out. Located in a cannabis-exclusive campus, this facility is designed for efficiency, effective environmental control and optimized productivity. Separate air systems will provide maximum protection from cross contamination. Build out plans envision hydroponic cultivation, automatic drip systems, Dri-Fecta HVAC systems, commercial grade dehumidifying systems and ADA compliance. Build out work is continuing and listing price will periodically be adjusted to reflect work completed.
About the Business
Year Established:
2017
Number of Employees:
NA
Real Estate:
Leased
Building Sq. Ft.:
8,040
Lease Amount/Mo.:
$2.00
Lease Expiration:
2/28/2023
Facilities:
8,040 sq. ft. Building, with 4,680 sq. ft. canopy, allocated to 5-6 hydroponic flower rooms. Located in a 76,000 sq. ft. cannabis only campus, with fully fenced power gates and 24/7 surveillance, on site security and guard shack. City Water. Power – 500 Amps at 480 Volts. Parking lot and loading dock. Centrally located with easy access to highways 50, 80, 99, Interstate 5. Other tenants in the campus include cannabis manufacturers, packagers and distributors.
Market Outlook/
Competition:
Located in District 6 where cultivation licenses have been capped. Owner holds a Conditional Use Permit (CUP) and a Business Operating Permit (BOP), both from the City of Sacramento. Owner has submitted for a State of California Cultivation 1A (specialty) indoor license.
Growth & Expansion:
Lease has 3 five-year renewals, with increases capped at 3% annually.
About the Sale
Reason For Selling:
Owner transitioning to project management of cultivation facility construction.
Training/Support:
Owner available to supervise build-out, budgeted at $1.5 million, for a market fee. Additional owner consultation is negotiable.
Listing Info
ID:
1575081