CannaMLS ID: 21283

Adelanto Cannabis Cultivation Business For Sale - Two Fully Licensed Indoor Facilities

1300 Light’s Turnkey Indoor Cannabis Cultivation Opportunity 2 Fully Licensed Facilities For Sale (Adelanto, California) #1835

Adelanto, CA 92301

Created  | Updated 

Price

$ 6,500,000

1300 Light’s Turnkey Indoor Cannabis Cultivation Opportunity 2 Fully Licensed Facilities For Sale (Adelanto, California) #1835

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1300 Light’s Turnkey Indoor Cannabis Cultivation Opportunity 2 Fully Licensed Facilities For Sale (Adelanto, California) #1835

Two fully licensed cannabis cultivation businesses are now available for sale in Adelanto, California. One of the most cannabis friendly cities in the state. Each building offers 29,000 sq. ft. of operational space, with 12,000 sq. ft. of canopy in one facility and 10,000 sq. ft. in the other (which is currently in the process of securing a nursery license). Once approved, this will allow expansion of flowering canopy into existing veg space. Both facilities are standalone structures on a secured, fenced lot with over 20 parking spaces per site. The properties are part of a 3-building complex, with the third building currently vacant, offering additional flexibility.

The first building features single-stack HP lights with 12 ft ceilings, two veg rooms, and one mom room. The second boasts double-stack LED lighting with 18 ft ceilings, five veg rooms, and two mom rooms. Both are currently being upgraded with new under-lighting in all flower rooms to boost productivity. Power is supplied by four 540KW natural gas generators, offering major savings over grid rates. A full Edison power upgrade is underway, with 2,500 amps per building expected by year-end, qualifying the site for the Agricultural rate, which is significantly cheaper than standard commercial rates.

Lease terms are strong, with about 3 years remaining on the first building and 5 years on the second, both with two 5-year renewal options. Monthly rent is $70K per building. While the real estate is not being sold, the buyer will retain first right of refusal should the property owner decide to sell. This is a rare opportunity to step into a turnkey, scalable indoor cultivation operation with favorable local regulations, efficient infrastructure, and immediate production capabilities.

Option to purchase the grows separately: One facility boasting 800 lights with an asking price of $4M, and another featuring 500 lights offered at $2.5M. Both are prime for serious operators looking to scale with proven infrastructure in place.

Combined Facility Details:

1300 Total Grow Lights

Total Building Space: Each Building is 29K Sq Ft

Greenhouse Canopy Space: 12K Sq Ft in the First Building & 10K Sq Ft in the Second Building (In The Process of Receiving a Nursing License & Expandable)

Rent: $70K/Month Each Building

Lease: 3 Years First Building & 5 Years Second Building W/ 2 5 Year Options

Parking Spaces: 20+ (Per Site)

Power: Single Stack HP Lights in the First Building, Double Stack LED’s in the Second Building (2500 Amps Coming Soon for Both Building’s)

Ceiling Height: 12 Ft in First Building, 18 Ft in Second Building

Veg Light’s: 100 First Building, 250 Second Building

Veg Rooms: 2 First Building, 5 Second Building

Mom Rooms: 1 First Building, 2 Second Building

Each Building is Standalone in a Fenced Property that Currently has 3 Buildings ( 3rd Building is Vacant)

City of Adelanto has Favorable Tax Rates, Cheaper Power Bill with Generators Versus on Grid

License:

Small indoor — 5,001 to 10,000 square feet of canopy

Medium indoor — 10,001 to 22,000 square feet of canopy

Asking Price: $2.5M for 500 Lighter & $4M for 800 Lighter

For Both Grows Combined: $6.5M (Seller Open To Offers)

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

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Call Drew (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business opportunity.

Business Details

Price

$6,500,000

Business Type

Cultivation, Seller Financing Available

Business Status

For Sale

Location

California

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Professional Licenses

  • California CA LIC# 02061374
  • Colorado CO License #FA 100094411
  • Massachusetts MA License #CN200323
  • Michigan MI LIC #P83975
  • Nevada LIC NV #0146087
  • New Jersey NJ License #1007010
  • New York NY License #1738671
  • Oregon LIC OR# 201218627
  • Washington WA Lic#17881
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