470-Light Westside I-502 / WSLCB Tier 3 & Tier 1 Producer/Processors For Sale
Tear Up Your Lease! This one is better!
Looking for a significant opportunity in the Washington State cannabis market? This giant Westside T3 and T1 Cannabis Producer/Processor turnkey presents a unique chance to acquire two operational I-502 Producer/Processor licenses, 19,000 ft.² of building space, and the infrastructure for a turn-every-gram into money, high-capacity cannabis operation!
Don’t Sleep on this low lease opportunity! This offer is especially compelling in the context of a buyer’s ROI being catalyzed by an absurdly low lease expense. The sale includes the two buildings with a combined 19,000 ft.² of space, with a low lease payment of $5100 for the land.
The difference between a land lease and how much you would normally pay for 19,000 square-feet of indoor space is not insignificant. In this case, it represents a potential 80% reduction in your monthly lease expense compared to other Washington jurisdictions! And, for 19,000 square-feet of space, and over the 15+ year lease term on the table with this opportunity, we’re talking about almost $4,000,000 in savings over the lifetime of the lease!
Green Rush Advisory Group researched current lease rates in several desirable Washington State cannabis jurisdictions and the table below shows the savings captured when paying a $5100 lease payment over the 15 year span of the lease. It shows a minimum of $1.4 million in rent savings over the 15 year period, and, compared to desirable markets like Seattle and Tacoma or Bellingham or Olympia, the savings range from $2.5million dollars to almost $4 million. That’s up to an almost 28% ROI, just from the differential between a typical lease and the land lease with this offer!
|
CITY |
Average Lease Rate Range ($/SF/YR NNN) |
Midpoint Rate Used for Calculation ($/SF/YR NNN) |
Estimated Total Monthly Lease Payment for 19,000 ft.² |
LEASE SAVINGS At $5100 Payment for 19,000 ft.² |
|---|---|---|---|---|
|
Seattle |
$14.00-$19.00 |
$16.50 |
$26,125 |
$3,784,500 |
|
Tacoma |
$10.00-$16.00 |
$13.00 |
$20,583 |
$2,786,940 |
|
Olympia |
$10.00-$14.00 |
$12.00 |
$19,000 |
$2,502,000 |
|
Vancouver |
$11.00-$16.00 |
$13.50 |
$21,375 |
$2,929,500 |
|
Spokane |
$8.00-$13.00 |
$10.50 |
$16,625 |
$2,074,500 |
|
Yakima |
$8.00-$11.00 |
$9.50 |
$15,042 |
$1,789,560 |
|
Shelton |
$7.50-$8.50 |
$8.00 |
$12,667 |
$1,362,060 |
|
Bellingham |
$10.00-$14.00 |
$12.00 |
$19,000 |
$2,502,000 |
Seller Spent About $3.6M Customizing The Included Buildings
Save Millions on Rent-Two Buildings Included!
470 Lights! / 19,000 ft.² / 1000 AMPS / 277-480V 3-Phase
Flower / Pre-Rolls / Distillate / Shatter / Wax / Resin
Previously Averaged About $2.6M
T3 P/P with 12,000 ft.² Canopy in Included 14,000 ft.² Building
T1 P/P with Distillation/Extraction in Included 5000 ft.² Building
Includes 14,000 ft.² and 5,000 ft.² Buildings, Plus Four Trailer
For Sale at $2.975 Million
(Owner Carry Possible with Hefty Down)
Offer #633
Call us today! (888)-743-0569
Tier 3 Producer/Processor
LICENSE TYPE: CANNABIS PRODUCER, TIER 3 / CANNABIS PROCESSOR
OPERATIONAL STATUS: Open and conducting business
ON OFFER: License, Assets and 14,000 ft.² Building with Land Leasehold (Purchaser will assume lease and operate at existing location)
CURRENT WSLCB-APPROVED CANOPY SIZE: 12,000 ft.²
FACILITY SIZE: 14,000 ft.² Building with Retractable Roof, plus Trailers for Cloning
CURRENT LEASE AMOUNT: $3100 per month. Sale includes buildings, with a long term lease of property owned by local transportation agency.
LAND LEASE TERMS: Three-Year Lease with Three Five-Year Renewal Options
INCLUDED WITH SALE:
Central Water
Onsite Transformer providing 1000 AMPS of 277/480V 3-Phase
CO2 enriched environment
Four (4) 50,000 ton commercial air conditioners
Three (3) Commercial Grade Dehumidifiers
470 Gavita HPS Lights
24 Benches
SELLER NOTES: Top of the line, Indoor high grade flower with 12 strains on menu PROPRIETARY GENETICS
Tier 1 Producer/Processor
LICENSE TYPE: CANNABIS PRODUCER, TIER 1 / CANNABIS PROCESSOR
OPERATIONAL STATUS: Open and conducting business
ON OFFER: License, Assets, 5,000 ft.² building and Land Leasehold (Purchaser will assume lease and operate at existing location)
CURRENT WSLCB-APPROVED CANOPY SIZE: N/A (Used for Processing, the allowable canopy size for tier one license is 4000 ft.²)
FACILITY SIZE: 5000 ft.²
CURRENT LEASE AMOUNT: $2,000
LAND LEASE TERMS: Three-Year Lease with Three Five-Year Renewal Options
INCLUDED WITH SALE:
5000 ft.² Building
Central Water and Electricity
POPE Machine
Ovens
Chiller
SELLER NOTES: Dope Cup Winner Concentrates, Distillate and Live Resin
Buy Smarter! The Green Rush Advisory Group, LLC offers a variety of WSLCB and OLCC Business acquisition strategies. Contact us today! (888) 743-0569 / www.Green-Rush.us. ©2013-2025 Green Rush Advisory Group, LLC, Neotsu, OR, 97364. All Rights Reserved.
