Listing ID : 898042
Broker ID : 01788589
Listed On May 22, 2025 14
Listing Updated May 23, 2025
Listing Highlights :
A rare opportunity to acquire an Annual New Jersey Adult-Use Retail License already tied to a property in Atlantic City, just steps from the iconic Jersey Shore boardwalk. This pre-operational dispensary includes local municipal support, CRDA approval, and approved construction plans—offering a clear path for a qualified buyer to complete the buildout and bring operations online. Positioned in a highly visible 5,300 SF unit with frontage on Pacific Avenue, this location presents a strong foundation for a flagship retail presence in one of New Jersey’s most visited destinations.
-Annual State of NJ Retail License secured and tied to the site
-Local Resolution of Support and CRDA approval already received
-±5,300 SF retail unit with boardwalk proximity
-High-visibility location with Pacific Ave frontage
-Base Rent: $10,500/month gross lease (3% annual escalations)
-5-year Gross Sublease with 1 additional 5-year option
- Lease Expires August 2028
-Asking Price: $595,000
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