959 Enterprise Ave - Service FOR SALE


San Jacinto, CA 92582
$4,250,000 USD
424-944-5145
959 Enterprise Ave, San Jacinto, CA for Sale
$4,250,000 USD
Service - FOR SALE
1/11
null | 10% Cap Rate

959 Enterprise Ave
San Jacinto, CA 92582


HIGHLIGHTS

  • Exclusive opportunity to acquire a 7,675 SF specialized industrial asset on a 21,916 SF lot in San Jacinto’s established Enterprise Avenue industrial
  • Combined real estate and business offering including seller-owned business assets, FF&E, equipment, operational infrastructure, trade name, inventory
  • Seller-provided financial profile reflects a 10.0% going-concern cap rate based on trailing twelve-month EBITDA, with additional operator upside throu
  • Type 10 Retailer, Type 11 Distributor, Type 1A/1C Indoor Cultivation, local cannabis approvals, regulatory/business license, and CUP

OVERVIEW

O Street Group is pleased to present the exclusive opportunity to acquire 959 Enterprise Ave, a specialized industrial asset located in the established Enterprise Avenue industrial corridor of San Jacinto, California. The property consists of a 7,675 SF industrial building situated on a 21,916 SF lot, zoned (IL) Industrial Light. The facility has been improved for cannabis-related retail, cultivation, and distribution operations, including secure retail buildout, vault infrastructure, commercial security systems, HVAC improvements, point-of-sale/display areas, and other specialized operational improvements. The offering is priced at $4,250,000 and is structured as a combined acquisition of fee simple real estate, existing improvements, seller-owned business assets, FF&E, operational infrastructure, inventory at cost, and associated licensing and permit components, subject to the terms of the final purchase agreement and all applicable regulatory approvals. Seller-provided financial information reflects a 10.0% going-concern cap rate based on trailing twelve-month EBITDA and a 12.4% cap rate based on seller-provided normalized EBITDA. Seller-provided information indicates the operating business holds a three-license California Department of Cannabis Control license stack at the subject address, including retail, distribution, and indoor cultivation licenses, together with City of San Jacinto local cannabis approvals. This combination of fee simple ownership, specialized improvements, existing operational infrastructure, and going-concern income profile creates a rare opportunity for an owner-user or vertically integrated operator seeking control of both the real estate and operating platform.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Storefront, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

Lighting, Gas - Natural, Water - County, Sewer - County, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.48

LAND SF

20,908

ZONING

IL

APN/PARCEL ID

435-291-014

ASK ABOUT THIS PROPERTY

Michael OnyemaobiO Street GroupMore Info
424-944-5145

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Michael OnyemaobiO Street GroupMore Info
424-944-5145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.