Property Overview
Price/Rent PSF Inquire
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 24,000
Date Available 04/16/2019
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Description

Location
Royal Oaks is a small community within Monterey County, CA. Located roughly 100 miles away from San Francisco, and a short trip on the Pacific Coast Highway from towns like San Jose, Royal Oaks is a great stop off on any Cali road trip.

Sale
Michael Coschigano is proud to present DH Investments a fully licensed cultivation and distribution cannabis business The company is currently licensed in Monterey County and California State with permits for cultivation and distribution. The business is located on 1.35 acres and is equipped with a fully built out 24,000 SF greenhouse which cost $1.4 million in leasehold improvements, labor, and equipment.

Features of Greenhouse

110 – 1000w DE Nanolux Fixtures
55 – Vosterman V-Flo Fans


9 – 80,000btu Natural Gas Heaters
2 – Dab Irrigation Water Pumps
18,000 sq/ft of sterilizable pallets to elevate pots
10 - Custom Engineered Automated Blackout System
10 – 60” Schaefer Intake w/ Motorized Shutters
Breathable, Light-Proof Walls for Intakes and Exhausts
iGrow 1400 Control Module
10,000 gpd Hydrologic RO System
4 – 2,500 gallon Clean Water Reservoirs
12 – 1080P DH Infrared Video Cameras w/ VPN & Cloud Access
10 – 54” Schaefer Exhaust Fans w/ Motorized Shutters


Lease
The tenant will take over current lease which will expire 6/30/2027 with the option to extend an additional 10 years with notice on or before 180 days prior to expiration. The new tenant will also be allowed to negotiate a new direct lease with landlord. Lease rate is currently $1.30/SF per month of the 24,000 SF Greenhouse.

Location