Cannabis Real Estate

+ Marijuana Business

Asking Price: $2,890,000 |VPO|

Type: Medical Marijuana Center (Dispensary) + Medical OPC TIER 1 + REC OPC TIER 1 With Option to Acquire Rec Store License + Rec/Med MIPS Licenses

Size: 18,763 +/- sqft.

Description: Located near downtown Denver, this facility is a dream opportunity for anyone looking to break into the mature Colorado marijuana market with years of proven operational efficiencies and consistent revenue generation. Our dispensary and grow operation provide a professional, inviting, and quality-focused environment for all that choose to purchase our product. We started business operations in July of 2018 and have been supplying the finest quality cannabis all over the state of Colorado ever since. Our grow has 292 double-ended HPS lights for flower and 95 HPS lights in Veg. We are on a perpetual harvest schedule which allows us to harvest up to 100+ pounds of material every 11 days consistently. With over $2.5 million in sales for the year in 2021, and $4.1 million in 2020. Our business has the potential to have 6 vertically-integrated licenses all in one building. Currently as it stands, we have 5 active licenses and are in the process of acquiring our recreational store license.

Asking Price: $1,690,000 |VPO|

Type: Recreational and Medical Dispensary

Size: 2,500 +/- sqft.

Description: Offering a fully turnkey medical and recreational cannabis dispensary located in a standalone building right in the middle of what's known as "Broadsterdam" or "The Green Mile" on South Broadway in Denver. Very high-traffic location with loyal customer base. One of Colorado's very first medical marijuana dispensaries generating consistent growth and profitability. Great lease in place. Revenues exceeded $1.4m the past 2 years. (7) dedicated parking spaces and amazing signage on Broadway. Inquire today!

Presented by: Colorado Licensed Broker

id code: Co808

Asking Price: $2,300,000 |VPO|

Type: Cultivation Real Estate and Licenses (OPC + MIPs)

Size: 6,000 +/- sqft. (warehouse)

Description: Full turnkey cultivation business with multiple med/rec licenses and real property in industrial zoning in Fort Collins. Warehouse is completely built-out with excellent staff willing to stay with new owners. Extensive renovations and improvements have been completed recently on the property. Owner is open to selling part of the harvest, and that can be negotiated upon submitting an offer. NDA required for more information.

Asking Price: $500,000 |VPO| - Seller Financing Available with 50% down!
Type: Recreational Warehouse OPC (real estate not included, ONLY business)
Size: 5,000 +/- sqft.
Description: There are 2 leases for the 5 units. One lease we have renewed until Dec 2025. The other until November 2023. There are options to renew in the leases obviously. The approximate cost of the rent is $14k/mo. It increases on a scale and that's the average. The lease for the 4 units is due quarterly, the lease for the single unit is monthly. At time of transfer, we would calculate pro-rated rent and add to downpayment. We have already notified the landlords of intent to sell, and they are ready to change the lease names into your business.

For equipment, the facility has 120 HPS lights with new bulbs. There are 5-ton AC's and large dehumidifiers in each room. There is a plumbing system for nutrients that pumps to each room then feeds to the plants. Everybody likes to do it their own way anyways, but the piping is there. Every room has a bunch of wall mounted fans and ceiling mount for circulation. There are 2 large electronic safes, a camera system for the whole facility, alarm, key badge access, and a network server that manages the internet and things like that. We have cable and satellite with a cellular backup option as well. The whole office area is brand new as of a few months ago with desks and shelves so you can bring customers over.

With the density of plants we have now and the rotation, we easily see $100k/room in revenue. When we have more exotic strains, $130k/room. This is assuming 80lbs and $1200-$1600/lb. With the rotation schedule and 4.5 rooms, that's monthly revenue. Static monthly expenses now that build out is done, is closer to $40k/mo which includes employees and all the little stuff like insurance, internet, misc repairs, nutrients, utilities, rent, etc. Includes average packaging costs (material and labor) and sales commissions. We budget on 80lbs/room at $1200. We routinely get $1600/lb. And we also generally get more than 80lbs. We have had many harvests right around the 100lbs mark. The strain we sell the best makes good large buds for sale and is very hearty. When you purchase the business you get those strains and plants too. Keep in mind prices are not only highly variable, but seasonal. Right now, is the worst time of year to sell with the outdoor crop coming in. $800/lb is not out of the question if you don't have a standout product. We focus on the higher end more exotic strains so we aren't in competition with outdoor grows or high-volume low-quality indoor/greenhouse grows. Obviously you can do whatever in the facility, but that's what we have it setup as now.

We have no set vendor agreements that come with this sale. We have relationships with clients and we will be happy to introduce you to them. We sell to them, they are happy to buy from you or us. But we do NOT want to get into a situation where you expect us to sell all your product. We find the best way to make sure there is no dependency is to just say no. Having said that, we do have an independent sales contractor that works with many companies, including our own, and reps for us in addition to our in-house sales. Most of the vendors we sell to are on NET14 or NET30 terms. We do have some smaller places we do upfront collection.

For the business itself we would offer that the seller can carry a loan of up to 50%, that could be paid back in equal installments over a year by the buyer.

Asking Price: $300,000 |VPO|
Type: Tier 2 Recreational OPC
Size: 10,000 +/- sqft.
Description: Offering a turn key marijuana cultivation operation complete with recreational license, 8 top producing strains, and all equipment needed. We are often told this is one of the cleanest grows in town. The lease is assumable and the sales price includes a $100,000 deposit which nullifies the need for a personal guarantee. Tier 2 production levels are realized on the first floor of a 10,000 sf building, with an entire floor available for expansion. CO2 is plumbed throughout and all grow rooms have been lined with FRP for easy sanitizing. 1200 amps are available to power the cultivation. There are 3 flower rooms and one clone/veg room. The veg/clone room is built for vertical cultivation as is one of the flower rooms – which also has brand new LED state of the art lighting. Two rooms are equipped with rolling tables for maximum production. Finally, the dry/cure room insures final preparation. All rooms are fertigated from a central control system operated by computer or phone, maximizing control over watering and nutrients to the plants. Dehumidification and individual HVAC units in the rooms provide climate control.

1. Before Showing: up-to-date source of funds from the entity who plans to buy. No third-party funds unless accompanied by a letter stating that these funds are on reserve for the purchase of a grow.

2. This will be a cash deal and buyer needs to be ready to escrow balance of Sales Price at time of COO application submitted to MED.

3. $50,000 non-refundable deposit at time of LOI. Will be applied to closing, but serious buyers only.

4. Must be an experienced company (in cultivation) who has staff who can participate in operations between APA and closing for a smooth transition.

5. Must be ready to accept lease as-is. Landlord is not interested in renegotiating.

6. Tier 2 license just approved.

7. They must be ready to buy. They should be ready to write an LOI within 24 hours and go to APA in 30 days.

Asking Price: $15.50/SF + $5/SF NNN |VPO|

Type: Warehouse, M/ROPC, M/RMIPs

Size: 30,000 +/- sqft. (warehouse)

Description: 30,000 sf cultivation/MIPS facility available leasehold. $15.50/sf/year rental rate plus $5/sf/year NNN charges. Zoning and distance criteria for Medical & Recreational cultivation licenses (“MMC & RMC”) meet City of Boulder marijuana licensing division requirements. A Marijuana Infused Products (“MIPS”) license could be added as well if a separate entrance was added. 10-year lease with (2) – 5-year options to renew. $60/sf toward Tenant Improvement (approximately $1.7mm). Heavy Power. Electrical, water & studded Framing in place. $1.5mm-$3mm needed to finish buildout ($1.5mm for grow/additional $1.5mm for MIPS), plus security deposit & license application fees. $500k of grow equipment also available for sale

Asking Price: $400,000 (License/Assets) - $1,300,000 (Property) |VPO|

Type: MIPs License + Assets, Property for Sale

Size: 4,174 +/- sqft.

Zoning: E-MX-3

Description: This property boasts a high traffic count right off Federal Blvd, with over 40,000 cars per day. The property could be utilized for many different end users, or an investor. There are 3 different units within the structure for a variety of tenants. The site itself is over 6,500 SF of land for future redevelopment as well. Denver MIPs license and assets for sale separately.

Asking Price: $200,000 |VPO|

Type: Mobile, Turnkey Extraction Lab (MIPS production)

Description: This is a turnkey, certified MED and local compliant, mobile ethanol lab with the potential to process 200-300 lbs per 8 hr shift with two people. All equipment needed to process a cold washed / winterized / decarbed crude oil as well as perform post processing / refinement and distillation. Purchase includes multi day training of all processes. You will learn specific techniques that will achieve a highly desirable “clear” oil that will pass all required MED testing and bring a potency in the 90% range. Cannabis oil processing is a craft that we have spent years experimenting with to produce high end oil that the industry requires. Training will be performed on site and will include all processes as well as detailed SOP’s for cold soaking, tincture recovery, filtration, ethanol recovery, decarb, distillation, degumming, winterization, brine washing / ph balancing, color remediation, and pesticide remediation.

Presented by: For Sale By Owner

id code: Co634