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LOCATED AT 545-555 SEARLS AVENUE, NEVADA CITY, CA 95959 (858) 384-4830 CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE LEASING TO ALL LICENSE TYPES MANUFACTURING TYPE 6 & 7 | DISTRIBUTION | TESTING | TYPE S | NURSERY & MORE (EXCEPT CULTIVATION & DELIVERY)

CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

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Page 1: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

L O C A T E D A T 5 4 5 - 5 5 5 S E A R L S A V E N U E , N E V A D A C I T Y, C A 9 5 9 5 9

(858) 384-4830

CANNABIS ZONED REAL ESTATEAVA I L A B L E F O R L E A S E

LEASING TO ALL LICENSE TYPESMANUFACTURING TYPE 6 & 7 | DISTRIBUTION | TESTING | TYPE S | NURSERY & MORE

(EXCEPT CULTIVATION & DELIVERY)

Page 2: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

L A B P R O P E R T I E S 2

OVERVIEW545-555 Searls Avenue provides a cutting edge campus setting, custom tailored to the cannabis industry’s unique needs. We invite the most innovative companies to join our dynamic community offering cannabis ready suites.

Lab Properties’ newest multi-tenant cannabis campus will attract only the most innovative companies by offering a much simpler and cost effective path to becoming legally compliant and operational. 545-555 Searls Avenue, will be a place where collaboration, vibrance, and excellence meet.

Page 3: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

Benefits of a Lab Properties’ Building Lab Properties Buildings Other Landlords

Properly Zoned Parcel X X

Ability to Lease to All License Types Except Cultivation & Delivery

X X

A Landlord specializing in Commercial Cannabis Leasing who looks out for each tenants’ business needs and legal interests

X

Ability to Get Free Rent Until You Are Built Out and Operational

X

Streamlined Process to Help Tenants Get Operational Cheaper and Quicker

X

CUP/Entitlements Provided by Landlord X

Offers As Much Electric Power As Needed X

High Tech Security (Cameras, Access Control, Gates, Lighting, RFID)

X

A Facility That Helps Tenants Attract Investors And Top Employee Talent

X

Plug & Play Building (Tenants To Focus On Interior Buildout Only)

X

Low Cannabis Business Tax X

Page 4: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

Demised Tenant Space With Stubbed In Utilities: Each building will have water, sewer and up to 2,000 AMPS of 3-Phase power stubbed in. Each suite will have a convenient shaft to run mechanical equipment and a clean shell to begin tenant improvements.

Community Focused & Branded Building: Multi-tenant building to promote collaboration and create a sense of community among tenants.

Exterior Site Work , All Building Code Upgrades and Fire & Life Safety: All exterior site work completed including a new parking lot, common mailbox, secured trash area, new ramps, façade upgrades, drainage, fencing, and ADA and Title 24 Compliance. Building envelope retro-fit and upgrades including the roof, all common area build-outs, demising of spaces, all utility infrastructure upgrades, efficient layout of suites, and individual sub-metering of all utilities. Fire and life safety upgrades including fire sprinklers and fire alarm.

4L A B P R O P E R T I E S

State-of-the-Art Security & Lighting : HD camera systems, motion sensors, and high intensity LED lighting throughout the site.

Environmentally Friendly & Sustainable: Drought tolerant and low maintenance landscaping, low flow plumbing, zoned and timed core systems, advanced lighting controls, a potential rainwater catchment system, and high efficiency mechanical equipment in common space.

PROPERTY AMENITIES

The Landlord is Committed to Making Your Transition into Licensed Space Easy.

We Are Providing The Following Items:

Page 5: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

OVERVIEW OF 545 SEARLS AVENUE

• 9,563 Square Feet With A Centrally Located Mezzanine

• Entire Building Leased As A Single Suite

• Up To 2,000 Amp's Of 3-phase Power Available In Suite (Stubbed In & Separately Metered)

• Cannabis Zoning: Light Industrial (LI-SC)

• Lease Type: Triple Net (NNN)

• Flexible Lease Terms

• Easy Tenant Application Process

• Negotiable Free Rent for Tenant Build Out and Licensing

• Water, Sewer, Gas, and Mechanical Shaft Stubbed In

• 12 Foot Roll Up Door Provided

• Can be demised into 3 spaces

• Gated Exterior Area For Placing Mechanical And Processing Equipment

• Secured Trash Enclosure Provided

• Private and Secure Entrance

5L A B P R O P E R T I E S

Page 6: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

7

FLOOR PLAN

545 SEARLS AVENUE

L A B P R O P E R T I E S

9,563 SF

Mezzanine

Page 7: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

OVERVIEW OF 555 SEARLS AVENUE

• Two Story Building With ~7,834 SF

• Suites Ranging Between ~1,800 SF to ~3,400 SF

• Three Available Suites (Ability to be Combined)

• Site Security: HD Camera Systems, Motion Sensors, And High Intensity LED Lighting Throughout The Site.

• Cannabis Zoning: Light Industrial (LI-SC)

• Up To 600 Amp's Of 3-phase Electric Per Suite (Stubbed In & Separately Metered)

• Water, Sewer, Gas Connection Stubbed In (Separately Metered)

• 12 Foot Roll Up Doors Provided for Each Suite

• Mechanical Shaft Stubbed In

• Private and Secure Entrances

CO

MM

ER

CI

AL

C

AN

NA

BI

S

SP

AC

E

7L A B P R O P E R T I E S

Page 8: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

8

555 SEARLS SUITE DETAILS

Suite No. Square FeetBase Rental

Rate

Free Rent/ Ramp-Up Period Lease Type Suite Condition

Reserved On-Site Parking

Lease Terms Status

Suite 22,567 Call for Details

Free Rent is Flexible & Negotiable so

Tenants can Obtain Permits & Build Out

NNN

"Shell Condition" condition: ADA compliant ingress/

egress, water, sewer, and gas stubbed in, shaft to run

mechanical equipment, and up to 600 AMP’s of 3-phase

electric to each suite.

Yes Flexible Available

Suite 3 3,394 Call for Details

Free Rent is Flexible & Negotiable so

Tenants can Obtain Permits & Build Out

NNN

"Shell Condition" condition: ADA compliant ingress/

egress, water, sewer, and gas stubbed in, shaft to run

mechanical equipment, and up to 600 AMP’s of 3-phase

electric to each suite.

YesFlexible

Available

Suite 4 1,873Call for Details

Free Rent is Flexible & Negotiable so

Tenants can Obtain Permits & Build Out

NNN

“Shell Condition" condition: ADA compliant ingress/

egress, water, sewer, and gas stubbed in, shaft to run

mechanical equipment, and up to 600 AMP’s of 3-phase

electric to each suite.

YesFlexible

Available

L A B P R O P E R T I E S

*** Suites Can Be Combined to Make Larger Space. The Building Has 7,834 Total Square Feet For Lease.

Page 9: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

9

LOWER FLOOR:

555 SEARLS AVENUE

L A B P R O P E R T I E S

2,567 SF 3,394 SF Total

10

Page 10: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

11

UPPER FLOOR:

555 SEARLS AVENUE

L A B P R O P E R T I E S

3,394 SF Total 1,873 SF

Page 11: CANNABIS ZONED REAL ESTATE AVAILABLE FOR LEASE...Lease Terms Status Suite 2 2,567 Call for Details Free Rent is Flexible & Negotiable so Tenants can Obtain Permits & Build Out NNN

FOR MORE INFORMATION CONTACT SBMI GROUP

SBMI GROUP IS THE EXCLUSIVE LEASING AGENT FOR LAB PROPERTIES

TRENT [email protected]

(858)-384-4830California DRE Lic No. 02014579

California DRE Lic No. 01946895