Industrial Sale: Investment or Owner/User Santa Rosa

CannaMLS ID: 13324
Save Listing

Price: $6,250,000


Listing Details


Listing Category
Manufacturing
Distribution
Consumption Lounge

License Status
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Price: $6,250,000

Listing Status: For Sale

Asking Price: $6,250,000

3005 Wiljan Ct, Santa Rosa, CA

WeCann is proud to present this unique opportunity to acquire a 27,827 SF industrial property with strong cash-flow and vacancy for increased investment or owner occupant. The existing tenant is a well-positioned cannabis manufacturer with a proven track record of maintaining profitability in a competitive market, and which has maintained clockwork payments of monthly rent and operating expenses. The vacant unit has city approval for a cannabis micro-business. A buyer may either increase cash-flow through a new lease or occupy the unit.

Property Highlights:

  • 27,827 SF Building
  • 11,527 SF Vacant
    • 1.28 Acre Lot
  • Multiple Units
  • 50+ Parking Spaces
  • 1,000 AMPs – buyer to verify
  • 18’ Clear Height
  • 5 Roll-Up Doors

Financial Summary:

Regardless what a buyer is looking to accomplish, this property is a safe bet due to the strong existing tenant – a multi-state cannabis operator. An owner-occupant may occupy the 11,527 SF vacant unit and maintain a strong 8% CAP rate, or lease the building to a new operator which, depending on the use, can increase CAP returns up to 11.38% based on the asking price of $6,250,000.


Listing Details

Listing Status
For Sale

Location
Santa Rosa, California 95407

Date Listed For Sale:
6/25/2024

Date Last Updated:
6/25/2024

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
27827 sq ft

Lot Size (acres)
0 acres

Pricing Details

Listing Price
$6,250,000

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