Posted on November 16, 2021 / 94Listing ID: 301234GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,700,000
Status : ACTIVE
Size : 2,250
Lot Size (Acres) : 10
Cannabis or Hemp Use Allowed? : Cannabis
License Can Be Moved to Another Location : No
License Type : Recreational, Medical, Medical & Recreational
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : SPW

Establish your dispensary in an A+ location to serve customers for many years to come. For sale is the CUP approval and related assets of a retail cannabis dispensary located in a very busy and successful shopping center in Santa Rosa, CA, the 5th largest city in the Bay Area. The approved tenant space is part of a large shopping center that includes multiple national tenants. The surrounding roads see around 50,000 trips per day. This is a new local approval and the operator will need to build out the dispensary and obtain a retail cannabis license from the state.

Details:

  • ~2,250 sq. ft. of approved dispensary space and an additional ~1100 sq. ft. of office space
  •  Located in a busy ~10 acre shopping center with adequate parking and strong destination tenant
  • Directly adjacent to a major highway interchange
  • Rent: $5,750 + triple nets
  • Lease: 10 year term with options to extend up to 15 more years
  • Traffic Count: 30,000 ADTs on the primary road in front of the center and an additional 20,000 on the secondary roads surrounding the center

Sale price is $1,700,000

Must sign a Confidentiality Agreement and provide Proof of Financials before any other detailed information is released, including the address of the site.

Contact SPW directly at SPWsantarosa@gmail.com with a brief email explaining who you are. Please provide us with a good number to call you back on and we will return your email with a call promptly.

Photo is representational only and is not of the actual location.

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