Marijuana Facility for sale in Adelanto, CA 92301

Thank you for your interest in CA 420 PROPERTIES ADELANTO complex!

Park ONE was a huge success. It is fully sold and the success of the operators who have purchased speaks volumes about the quality of the buildings!

Park TWO will consist of 24 additional units in a similar guard gated industrial park. They will be identical to the ones we have built already. 12 units are complete with 4 additional under construction set to be finished towards the end of July 2022

Of the existing 12, 2 are closed, 8 are under contract, leaving 2 available for immediate occupancy with the 4 additional units ready in July.

Price is $5M

Each unit is:

29,925 sqft

2500 amps provided by Edison

2500amp / 480V / 3phase

City water

Natural gas

These buildings are concrete tilt up construction and engineered to hold 53 AC units on the roof. There are already drains in floors that lead to clarification tank and drains to the public sewer.

The inside ceiling heights are 28ft rising to 32ft, which allows you to add a second level inside. Some buyers are building a full second floor and making their units close to 60,000sqft while others have done smaller mezzanines or single level layouts.

Our entire complex benefits from a recorded development agreement with that city and comes with an approved CUP (Conditional Use Permit) which is good for:

Cultivation

Manufacturing

Testing

Distribution

Nursery

The cultivation tax in the city is one of the lowest in the entire state at $5/sqft per year.

Another benefit of the development agreement is the city’s agreement to process applications for licenses within our complex rapidly. On average, our buyers have obtained their licensing within about 1 week.

Some investor owned units are open qualified tenants. Owner will take care of TIs.