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545 Searls Ave
Nevada City, CA 95959

$6,267 - $8,601 USD/MO

Unknown For Lease  •  2,089+ SF

Property Details

  • Property Type Unknown
  • Year Built 1985
0 Transit Score
60 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 1 Industrial 2,089 SF $36.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 3 Industrial 2,867 SF $36.00 USD/SF/YR
  • Date available: Now
  • Lease term: 2 - 5 Years
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 5 Industrial 2,550 SF $36.00 USD/SF/YR
  • Date available: Now
  • Lease term: 2 - 5 Years
  • Service type: Triple Net
  • Space Type: Relet

Description

Coldwell Banker Grass Roots Realty, as exclusive advisor, is pleased to present for lease the Nevada City Botanical Campus. (“The Project”), located in the City of Nevada City, is in the heart of one of the largest cannabis producing regions in the world. In addition to its excellent location, Nevada City has some of the most favorable tax rates in the entire state. The offering is an extremely rare opportunity to lease a newly redeveloped, state-of-the-art, cannabis campus which has benefited from $3M of landlord improvements over the past 3 years, including demising, power upgrades (800-1,200 amps per unit) and all exterior/ADA upgrades completed. This allows a tenant the ability to lease a space and complete their buildout, with time to market that cannot be beat. The building is now under new management, offering more aggressive and creative solutions for cannabis tenants.

The Property's management is interested in joint ventures with experienced operators and will look at direct investments and capitalization  of cannabis businesses, this could include full build outs of space and contributions of working capital in exchange for an ownership stake in the operating company. 

The Project was the first professionally delivered shell specific to the cannabis industry in Nevada City and quickly captured the best tenants in the region, including the extremely high performing dispensary, Elevation 2477. The project consists of 3 buildings, spread across 2 parcels, totaling 27,136 square feet. There are ten (10) units on the property. See brochure for floor plan.

Highlights

800-1,200 amps of power
Exterior ADA work completed
Ownership will look at joint ventures and direct investments into operating companies

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Elevation 2477 LLC
Tyson Tucker 530-272-7222 Coldwell Banker Commercial Grass Roots
Tyson Tucker 530-272-7222 Coldwell Banker Commercial Grass Roots