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This is an amazing opportunity for anyone looking to enter the Riverside County cannabis market as a landlord! The sale includes a one-story building currently rented to a cannabis retailer. With a prime location and existing cannabis tenant, this property offers immediate income potential. The tenant pays $11,034.61 in monthly rent, providing a steady revenue stream. The building, valued at $1.2 million, spans roughly 2,400 square feet, making it ideal for a cannabis retail storefront. This well-situated property not only offers significant investment potential but also positions you at the heart of a rapidly growing market.
Details:
Space: 2,400 Sq Ft
Rental Fee: $11,034.61
Tenant: Cannabis Dispensary Retail Business
Real Estate Value: $1.2M
Asking Price: $1,200,000.00 (Seller Open to Offers)
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 CA LIC# 02077927
If you have any questions Call Eric (858) 245-6324
Email: broker@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
RARE OPPORTUNITY TO ACQUIRE SHOVEL READY CANNABIS DEVELOPMENT
Three parcels totaling 127 acres zoned for cannabis Cultivation, Manufacturing, and Distribution in the city of Blythe. The property fronts Interstate 10 and is adjacent to the Intake Blvd. exit. Site has immediate access to 18 megawatts of power from Southern California Edison. The property is CEQA (California Environmental Quality Act) compliant. A Development Agreement with the city of Blythe guarantees that cannabis businesses may operate there for a minimum of 30 years. As currently planned, the site can accommodate over 2.5 million square feet of industrial warehouse space. Located four hours or less from four major metropolitan areas representing 10% of total U. S. population. This project provides developers with the opportunity to break ground quickly on what could become one of the largest master-planned cannabis developments in the U.S.
- Three parcels consisting of 127+/- acres.
- Over 2.5 million square feet of potential industrial warehouse space.
- Four years of pre-development work completed. All documents available upon request.
- 18 megawatts of power available at site from Southern California Edison at Agricultural rates.
- 30-year Development Agreement guarantees the rights of cannabis businesses.
- Priced below comparable land values. Appraisal available upon request.
- 2% Broker Co/Op Fee
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