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0 Civic Ctr Plz San Diego, CA 92101

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional 12,707-square-foot industrial warehouse in San Diego, California, presents a unique opportunity for cannabis businesses. Located in a designated "green zone," this property boasts 22' to 24' ceilings, three dock-high truck doors, one loading dock, and one street-level loading dock, ensuring efficient operations. The property comes with an active Annual Adult-Use and Medical Cannabis Distribution license and a Provisional Adult-Use and Medical Cannabis Manufacturing license (infusions). The license allows for moving cannabis and cannabis products between cultivation, manufacturing, or distribution premises; moving finished goods to retail; providing storage services to other licensees; and arranging for testing. The Provisional Manufacturing license allows for infusion of cannabis extract or plant material with other ingredients to make cannabis products, as well as packaging and labeling. While currently configured as a bakery, the space is turnkey and ready for immediate occupancy. Cultivation is possible with a change of use permit. The landlord is open to negotiating lease terms and exploring creative licensing solutions. The asking price is negotiable, but a non-disclosure agreement and proof of financials are required before further details are disclosed. This property is situated at Civic Ctr Plz, San Diego, CA 92101.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Civic Ctr Plz San Diego, CA 92101
San Diego metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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