Massive State of the Art Cultivation Facility! Appraised Over 20M

Asking Price: $15,000,000

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Massive State of the Art Cultivation Facility! Appraised Over 20M


Asking Price: $15,000,000

Asset Sale Description
Massive State of the Art Cultivation Facility! Includes Real Estate, 45,000 SqFt
Massive State of the Art Cultivation Facility! Includes Real Estate, 45,000 SqFt Building on 4.68 Acres, 27 Ft Ceilings, 1.5M Watts, Currently 1300 Lights, 2M in Ebitda RE Appraised Over 20M (Adelanto, California) #1655

Very unique opportunity in a newly constructed Industrial Green Use Building. This ±44,500 Sq. Ft. is one of a kind Industrial property, located on 4.68 Acres, in an opportunity zone in the Southwest region of San Bernardino County. With approved ±60,000-70,000 Sq. Ft. additional building potential and strategically located to Interstate 15, and close proximity to Los Angeles & Orange County. This opportunity is being offered unpriced on a “as-is” basis for the fee interest in the building and land thereunder. This Investment is offering a terrific opportunity to acquire a spectacular one of a kind Green Use industrial building fully equipped with diversified cash flow in a rapidly growing industrial market.

San Bernardino County wants to establish itself as a hotbed for large-scale cultivation and innovation in cannabis. This cultivation facility has set the bar for indoor cultivation sites.

2023 Revenues:
$13.5M Top Line Gross
$3.8M Net Income
Details:

Location Size: 45,000 Sq Ft (Potentially 110,000 Sq Ft with future build outs currently approved and permitted
Land Size: 4.68 Acres
Year Built: 2020
Ceiling Height: 27?
Concrete Roof ($1.2M Cost)
Natural Gas Generators (Cost $3.2M)
8 Megawatts Total + 5500 AMPS Electrical Wiring (Cost $2M)
Roll Up Doors: 2
Concrete Tilt-Up Buildings
Parking Spots: 118+
Number of Buildings: 1 Building Currently, 2 Buildings Left to Build (Permitted) ? Lights: 1,300 LUX Lights
Watts: 1.5M Watts
Estimated Property Value $25M
Licenses:

Manufacturing Type 7 Volatile- With a Type 7 you can register your location for shared-use. 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 medical cannabis and medical 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.
Cultivation- Growing Cannabis up to 22k SQFT Canopy Size


Asking Price: $15,000,000.00

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374
Listing Info
ID
2329480
Listing Views
651

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Business Listed by: Eric Espinoza GLB GROUP Inc.

Listing ID: 2329480 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.


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