OVERVIEWFor more information please contact:

©2018 Rosano Partners. Please read our disclaimer on the last page

1443 S LORENA STLos Angeles, CA 90023FOR SALE OR LEASE

Korena EllisVice President, Cannabis Investment GroupBRE: 01430539D: 213.802.0238E: kellis@rosanopartners.com

George CornelsonSenior Associate, Cannabis Investment GroupBRE: 02017048T: 213.802.0328E: gcornelson@rosanopartners.com

Lindsay GibsonAssociate, Cannabis Investment GroupBRE: 02041612D: 213.802.0262E: lgibson@rosanopartners.com

PROPERTY FEATURES

• Qualifies for All Cannabis Business Uses• 16’ Clear Ceiling Height• Unique Historic Building

• Bow Truss Ceiling• Two Drive-In Loading Doors• Central LA Location

PROPERTY DESCRIPTIONRosano Partners is proud to present For Sale or Lease a 10,661 SF industrial building on an 8,901 SF lot zoned for marijuana business uses. This building has 400 Amps 3 Phase with a 16’ clear ceiling height, and approximately 8,000 SF of open warehouse. Additionally, there is an employee break room and an upstairs loft style office. Due to the property being situated in the LA Enterprise Zone, a cannabis business use will not likely trigger any new parking requirements per the city (Buyer to rely own due diligence). Located in the M2 Industrial zone, this property would be a great candidate for a storefront retail micro business! Qualifies for: Cultivation, Level 1 & 2 Manufacturing, Distribution, Retail Storefront, Delivery and Testing. Get your business started! Don’t miss out on this opportunity to make your mark in the largest cannabis market in the world! Los Angeles is now in Phase 2 of cannabis business licensing and have proposed to begin Phase 3 in mid fall. (Actual NNN Charges for lease approximately $0.80/PSF)

Lease Rate: $3.00/SF/MO NNN

Lot PSF: $327.95

Building SF: 10,661 SF

Sale Price:

Lot Size:

$3,000,000

8,955 SF

Price PSF: $281.40

©2018, Rosano Partners. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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LOCATION DESCRIPTION:This property is located on the Southside of Boyle Heights, minutes from Downtown Los Angeles. This unique corner property is situated at the intersection of S. Lorena St and E Pico Blvd. With easy access to the I-5 and 101, this amazing central location gives you direct access to the 60, 710, 110 and 101 Freeway.

1443 S LORENA STLos Angeles, CA 90023FOR SALE OR LEASE