Cultivation Real Estate For Sale By Receivership

listing imageSave

Cultivation Real Estate For Sale By Receivership


Asking Price: $420,420

Asset Sale Description
Massive Cannabis Cultivation Real Estate For Sale By Receivership CALL FOR OFFER
Massive Cannabis Cultivation Real Estate For Sale By Receivership CALL FOR OFFERS FEB 14th (Stockton, California) #1624

This is being sold by way of court ordered receivership and is subject to court confirmation

This state-of-the-art cultivation facility spans 31,807 sq. ft. on a 1.91-acre property, showcasing a $12.5M investment in cutting-edge technology and infrastructure. The previous tenant having equipped 575 flower lights and 190 veg lights, the operation is powered by four 350 KVA natural gas generators and boasts over 450 tons of premium AAON HVAC systems for optimal climate control. Advanced fertigation and filtration systems ensure superior plant health, while a 24/7 cutting-edge security system guarantees safety.

633 San Juan Avenue in Stockton, CA is a class A industrial building with a 20-year long-term sale leaseback from a publicly traded tenant. This high tech cultivation and distribution facility leased back to publicly traded tenant, who is a leading Cannabis company, is a rare opportunity to earn great returns from a Class A Industrial property. The property offers a long-term lease of 20 years at $80k/month, providing stability for future operations. This high-performing facility stands as a testament to tenant investment and operational excellence, perfectly positioned to support large-scale production. A prime opportunity for industry leaders seeking a turnkey, top-tier cultivation operation in California’s thriving cannabis market. As a call for offers listing, this opportunity promises a swift and competitive sale process. One of the standout features of this opportunity is its status as a receivership listing. This designation ensures a clean and efficient transaction process, emphasizing transparency and ease of negotiation. Buyers could expect streamlined procedures and a straightforward path to ownership, making this one of the cleanest deals available in the market.

Details:

Space: ±31,807 square feet
Acreage: ±1.91 Acre
Flower Lights: 575
Veg Lights: 190
Tenant Lease: 20 YR
Power: 800 AMPs 3Phase
Four 350 KVA natural gas generators.
Over 450 tons of top-of-the-line AAON HVAC.
Fertigation and filtration systems.
Cutting-edge 24/7 security system.
License:

License Type: Annual Adult-Use-Small Indoor


Asking Price: Call For Offers FEB 14TH

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.
Detailed Information
Listing Info
ID
2319544
Listing Views
771

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Eric Espinoza GLB GROUP Inc.

Listing ID: 2319544 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.