Listing ID : 694286
Listed On March 28, 2024 566
Listing Updated September 2, 2024
This opportunity will move fast! This is your chance to acquire approvals for an annual Class 5 retailer storefront license along with the option to purchase the real estate. The location is in a PRIME location as it offers a high amount of foot traffic. Situated near a Walmart supercenter with nearby residential apartment units and homes, this stand alone building offers unparalleled visibility and accessibility. This incredible opportunity not only allows the new owner to purchase a Class 5 dispensary retail license but also has the option to purchase the underlying real estate for an additional $1.6M. While the business is currently non-operational, the new owner has the ability to customize the space during the build-out process, tailoring it to meet their unique vision and the evolving demands of the market. Don’t miss the chance to pioneer a distinctive cannabis retail experience in New Jersey, where the intersection of high visibility, residential proximity, and untapped potential awaits your entrepreneurial spirit.
Details:
Space: 2,340 SqFt
Rent: TBD
Lease Terms: TBD
Option to Purchase Real Estate for $1.7M
Class 5 Annual Issued
Directly on Highway
Stand Alone Building
Construction Planning Pending
Parking Spaces: 15+
Licenses:
Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store. Dispensary Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.
Asking Price: $1.95M (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Russell Miller, NJ License #1007010
Gordon Sattro DRE CA LIC #02136011
Elliot Cardenas, DRE CA LIC #02138336
If you have any questions Call Gordon (858) 220-2185 & Elliot (619) 770-2699
Email: gordon@glbgroupinc.com & elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program
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