Property Description

Lease Details:

Status: Closed
M&A: Yes
Deal Type: License Sale and Real Estate Lease
License: Distribution
Unit Size sqft: 1,500
Lease Rate: $2/SF
Total Sales Value: $150,000
Total Lease Value: $180,000
Approximate Closing Date: 2019
Represented: Seller and Landlord
Listing Agent: Jason Piazza

Listing Details:

Distribution License Details:

Distribution is a key license to hold, especially for those looking to get into the industry. Create your brand while learning the industry.

Listing Highlights:

• Neighbour unit to the Santa Ana Lab
• Approximately 1,500 SF in a cannabis friendly business park
• Build-out near complete
• Real Estate can be purchased or leased; contact agent for pricing
• Local Permit to be completed by early to mid February. Close of escrow contingent on receipt of final permit.
• Buyer to obtain state license
• Purchase the 2-unit condo and gain a Testing Lab tenant; inquire for details

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