Property Description
Sale Details:
Status: Closed
M&A: Yes
Deal Type: License Sale
License: Type 7 & Distribution
Building sqft: 10,300
Total Sales Value: $3,700,000
Approximate Closing Date: 8/1/2020
Represented: Seller
Listing Agent: Jason Piazza
Listing Details:
Step into a state-of-the-art manufacturing lab in Costa Mesa’s famed Measure X zone. The acquisition provides a buyer the opportunity to save the time, energy, and money of licensing a butane extraction license – the most difficult manufacturing license to attain in the State of CA. Having a type 7 BHO also allows license holders the opportunity to operate other manufacturing capabilities, including a kitchen and other non-volatile cannabis manufacturing operations. Also included in the purchase is the attached distribution license with adequate space for packaging, shipping, and receiving.
Costa Mesa offers operators access to all of SoCal’s most important dispensary markets: Santa Ana, Long Beach, and Los Angeles. With the expectation of Orange County cities opening up dispensary licensing in the near future, this highly sought-after Costa Mesa butane extraction lab is a no-brainer.
Licenses For Sale
- Inquire For Pricing
- Type 7 (BHO) Manufacturing License
- Type 11 Distribution License
- Gold Standard Equipment Included
- Multiple Walk-In Storage Freezers
- Fully Built-Out and Operational May Also Operate Less Volatile
- Manufacturing Uses Leased Premises – Inquire For Details
Property and Lease
- Attached To Sale of Manufacturing/ Distribution Licenses
- 10,334 SF Flex Industrial Space
- Inquire for Lease Rate
- 3 Years Remaining on Lease Term
- 2, 5 Year Renewals
- Secluded Location in a Friendly Business Park
- Corner Unit with Abundant Parking
- Quality Office Buildout – Perfect Corporate Headquarters