Turnkey Indoor Cannabis Cultivation

Asking Price: $6,500,000

listing imageSave

Turnkey Indoor Cannabis Cultivation


Asking Price: $6,500,000

Asset Sale Description
1300 Light’s Turnkey Indoor Cannabis Cultivation Opportunity 2 Fully Licensed Fa
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
Listing Info
ID
2403407
Listing Views
181

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Eric Espinoza GLB GROUP Inc.

Listing ID: 2403407 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings