Richmond Industrial for Sale - Richmond/San Pablo
WeCann is proud to present PowerPlant Park, an 18-acre Master Planned Cannabis Community & Campus. Located in Contra Costa County, the Park is situated on 2,200 ft. of Richmond’s North Shoreline, with stunning unobstructed views of Mount Tamalpias, San Francisco Bay and the Marin County Mountains. The San Francisco Bay Area is home to approximately 7.5 million residents and is ranked the #1 market in California for retail sales and cannabis connoisseurs. PowerPlant Park provides the only true turnkey tenancy/ownership model in the State, an affordable path towards income, a perfect fit for all types of cannabis investors, retail brands, MSO’s, and cultivators alike. PowerPlant Park is the first project of its kind in the State. The City of Richmond has approved its CUP/Land Use Entitlements to include cultivation, post-harvest processing, manufacturing, kitchen, packaging, distribution, transportation, retail, and waterfront restaurant. The Park is in the third trimester of Phase I construction, utilities 95% complete, foundations now being poured, with buildings beginning to go up this May. Certificate of Occupancy expected in late October of 2023. Ownership at the Park eliminates the 2+ year wait and extraordinary expense to acquire requisite city permits and state licenses, with no guarantee of regulatory success. Considering the low cost of entry, best-in-class amenities, turnkey opportunities at PowerPlant Park are without equal. Today’s market value for operational, municipal, and state-licensed Tier 2 mixed-light space in the SF Bay Area is $1,200-$1,400 per sq. ft. That’s if you’re lucky enough to find any.
PowerPlant Park Website: https://powerplantpark.com/