This is a great opportunity for anyone that is looking to expand their Delivery & Distribution footprint in the mecca of the cannabis industry, LA County. The 20k+ SqFt facility is zoned for Non-Storefront Retail & Distribution, owner is looking for a tenant to take over the space under a management agreement. The new tenant will have to start the application & buildout process for the Non-Storefront Retail and will be on the City and States timeline. Currently only the Distribution is locally and state approved, pending conditions. Owner is looking for a group that will take over a minimum of 15k SqFt – 20k SqFt space and is not interested in carving out smaller units. Price per SqFt will be $2.50 NNN, with the new tenant covering the Tenant Improvements and Insurance.

Details:

• Total Space Available: 20k SqFt
• Rent: $2.50/SqFt + NNN
• 5 YR Lease Minimum
• Tenant pays Insurance & T.I.s
• 3 Months Free Rent
• Loading Bay w/ Roll-Up Doors
• Tall Ceilings
• Zoning & and CUP in place for Non-Storefront Retail & Distribution
• Buyer must pay a $45k Finder’s Fee paid upon execution of lease and a 2% Fee on the Lease Agreement.

Licenses: 

• Retailer Non-Storefront License– Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
• 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.

Finder’s Fee: $45,000.00

Buyer must pay Finder’s Fee and a 2% Fee on the Lease Agreement. Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@glbgroupinc.com

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

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