Marijuana Property for sale in Long Beach, CA 90813

Fully licensed business and building, which started improvements in 2021. Take advantage of great taxes at 1%, and a centrally located property in Southern California. Facility has sufficient power for two tiers of LED’s and a full type 7 facility. If the plans are followed, you can be operational in 4 months.

Current Lease

$19,500 per month or $2.65 PSF/M

Remaining two (2) years and six (6) months with one (1) five (5) year option to extend

Improvements completed

Approved Building Plans

All Plumbing Trenched

Bathroom Framing

Plumbing to City Upgraded

Flower Room Drainage Trenched

800 A (3 Phase) Approved; Breaker has been purchased pending install

Utilities

Water on Grid? Yes

Available Power in Amps: 800

Parking: Yes

Ceiling Height: 18 ft

Infrastructure: Warehouse

Due Diligence

Due diligence folder with all licenses, entities, lease, and plans are to be provided to buyer, after NDA is signed and proof of funds has been confirmed.

Stamped Building Permits are at the premises, which can be viewed during the tour.

Purchase Terms

Sales Price: $850,000

Escrow to be 60 days, extendable until change of ownership is completed with city of Long Beach and the DCC.

10% to be paid as EMD

Broker Co-Broker Commission 3%

Miklos Campuzano - Cannabis Real Estate Consultants - DRE# 02072292