CannaMLS ID: 5942
Created | Updated
Price
$ 9,000,000
Contact me: chad.dixon@streamrealty.com Stream Realty Partners is pleased to present for sale a GMP quality, state-of-the-art cannabis facility located in ur
Address: 15023 Ramona Blvd
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Industrial
Purchase price: $ 9,000,000
Building size (sq ft): 17,465
Contact me: chad.dixon@streamrealty.com
Stream Realty Partners is pleased to present for sale a GMP quality, state-of-the-art cannabis facility located in urban-infill Greater Los Angeles. This one-of-a-kind facility boasts a "Class A" experience with its exceptional build-out, which has been enhanced with over $5M in equipment and improvements. The facility can produce pharmaceutical quality extracts, making it one of the best in the industry. The offering price is inclusive of the property and FF&E (the property *may* be available without FF&E, please inquire).
This property is situated in a high barrier to entry submarket, making it an ideal location for businesses that want to establish a foothold in the region. The strategic location is mere minutes away from the 10, 210, and 605 freeways, providing easy access for transportation and logistics.
Due to heavy regulations in the industry, this facility offers extensive security, with 67 cameras monitoring the premises. Additionally, the seller is willing to work with the buyer to achieve necessary approvals to continue operating the facility as a volatile manufacturing and/or distribution hub.
Finally, this cannabis facility is recession and pandemic proof. Cannabis consumption increases during times of economic hardship, like alcohol and tobacco. During the pandemic, the industry realized a 40-50% increase in demand, making this a highly resilient investment opportunity. Baldwin Park offers extremely favorable tax rates to high producing operators. Rather than a percentage of revenue, the city has a flat yearly fee.
Don't miss this rare opportunity to acquire a turnkey volatile manufacturing facility in Greater Los Angeles. Contact us today to schedule a tour.
Address: 15023 Ramona Blvd
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Industrial
Purchase price: $ 9,000,000
Building size (sq ft): 17,465