KIDDER.COMThis information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

FOR SALE3505 Cadillac Avenue Building F5 COSTA MESA, CA

$334,500 annual income. Leased investment. Fully licensed cannabis facility.

STEPHEN MADIGAN

Senior Vice President949.557.5028stephen.madigan@kidder.comLIC N° 01334425

MICHAEL DORSEY

Senior Vice President949.557.5072mike.dorsey@kidder.comLIC N° 00560821

3505 Cadillac Avenue Building F5 COSTA MESA, CA

FOR SALE

STEPHEN MADIGAN

949.557.5028stephen.madigan@kidder.comLIC N° 01334425

MICHAEL DORSEY

949.557.5072mike.dorsey@kidder.comLIC N° 00560821

WILLAMETTE RIVER

SE MORRISON BRIDGE

W BURNSIDE ST

SUBJECT PROPERTYSUBJECT

PROPERTY

SUBJECT PROPERTY

NEW

PORT B

LVD

W SEGERSTROM AVE

MAC ARTHUR BLVD S B

EA

R S

T

WA

RD

ST

BAKER ST

SOCO & THE OC MIX

Featuring over 300,000 square feet of showrooms,

restaurants, artisan food purveyors, boutiques,

creative studios and home to Orange County’s largest

Farmers Market.

2.8M SF and over 270+ retail stores

* Boutiques, restaurants, & outdoor mall

THE LAB*THE CAMP*

MESA VERDE COUNTRY CLUB

ASPEN VILLAGE APARTMENTS

WIMBLEDON GLEN

APARTMENTS

JOHN WAYNE INT’L AIRPORT

SOUTH COAST PLAZA

METRO POINTE AT SOUTH COAST

To Los Angeles 45 Miles

To Newport Beach 5 Miles

To San Diego 60 Miles

3505 Cadillac Avenue, Building F5 COSTA MESA, CA

Measure X leased investmentLIST PRICE $4,100,000

FULLY LICENSED type 6 manufacturing and type 10 distribution facility

8.15% cap rate

TRIPLE NET lease

SINGLE-STORY 7,178 SF

TWO GL DOORS 12’ x 14’, with 18’ clear height

SIX YEARS remaining on lease with $0.10 annual increases

OPERATIONAL mid-October 2019

FIRST year income of $334,500 as of October 1, 2019-September 31, 2020.

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

STEPHEN MADIGAN

949.557.5028stephen.madigan@kidder.comLIC N° 01334425

MICHAEL DORSEY

949.557.5072mike.dorsey@kidder.comLIC N° 00560821

FOR SALE

Tenant OverviewThe tenant currently fully operational holding a Type 6 Manufacturing license (CDPH-10003728) and a Type 10 Distribution license (# C11-0000126-LIC) with the State of California. They also have a Business License approved with the City of Costa Mesa.

Both principals have a wide range of successful experience and expertise in this highly specialized business. They manufacture various grades, qualities, and quantities of cannabis oils, through the extraction process which are then sold as a “white label” to other third party companies. The oils are then used in the manufacturing of a full range of cannabis related products such as vape pens and edibles. These products are then widely distributed and sold to consumers through a network of distributors and legally licensed retail outlets throughout the state.

Both principals have personally guaranteed the lease.

SUBJECT PROPERTY

3505 Cadillac Avenue, Building F5 COSTA MESA, CA

CA

DIL

LAC

AV

ENU

E

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

STEPHEN MADIGAN

949.557.5028stephen.madigan@kidder.comLIC N° 01334425

MICHAEL DORSEY

949.557.5072mike.dorsey@kidder.comLIC N° 00560821

COSTA MESA, CA

FOR SALE

3505 Cadillac Avenue, Building F5

Proposed Floor PlanTENANT HAS INVESTED over $600K in upgrades to the building infrastructure and interior improvements.

$4,100,000LIST PRICE

8.1%CAP RATE

100%LEASED INVESTMENT

AREA BREAKDOWN

Admin/Kitchen/RR

Manufacturing

Warehouse

ROLL UP DOOR

ROLL UP DOOR

ENTRANCE

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

KIDDER.COM

STEPHEN MADIGAN

949.557.5028stephen.madigan@kidder.comLIC N° 01334425

MICHAEL DORSEY

949.557.5072mike.dorsey@kidder.comLIC N° 00560821

FOR SALE

Cannabis Market OverviewGlobal Cannabis Concentrate Market Will Reach Over USD 13.78 Billion By 2026: Zion Market Research

According to the report, the global cannabis concentrate market accounted for USD 3.73 billion in 2018 and is expected to generate around USD 13.78 billion by 2026, New York, NY, June 25, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report. Cannabis or marijuana concentrate is a concentrated mass containing tetrahydrocannabinol or THC as the main component. Cannabis concentrates are obtained via extraction. During the extraction process, solvents like carbon dioxide, butane, or ethanol are used to extract cannabis concentrates from the cannabis plant. Cannabis concentrates are commonly called dabs, which are available in various forms and are referred to by many names like shatter, budder, hash, live resin, and butane hash oil. They are consumed in several ways, such as via a water pipe or vaporizer, cooked in edibles, and rolled in joints. Increasing legalization regarding marijuana usage is mainly expected to fuel the growth of the global cannabis concentrate market over the forecast time period.

3505 Cadillac Avenue, Building F5 COSTA MESA, CA