Listing ID : 832070
Listed On August 24, 2024 60
Listing Updated October 28, 2024
Discover a premier opportunity to acquire a fully constructed turnkey Type 5 Retailer License with complete local approval from the City of Absecon. The facility is currently under construction and will be delivered to the buyer fully built-out, with all final licensing approvals in place.
Located within a prominent retail strip mall on US Route 30 and Atlantic 651, your dispensary will benefit from high visibility and excellent traffic flow. Positioned on the main route connecting Philadelphia to Atlantic City, this location offers unparalleled exposure and convenience. Seize this opportunity to establish your business in a high traffic strategically located facility, perfectly positioned for success.
Investment Highlights:
Licensing Approvals: Conditional state license approved. Annual application materials submitted. Local resolution is approved. Construction almost complete
Turnkey Facility: The space will be fully constructed and ready for operation by December 2024.
High Traffic Count: Over 33,000 vehicles daily on US Route 30. Over 15,000 vehicles daily on Atlantic 651
Complimentary Neighbors: Close to well-known retailers including Five Guys, Advanced Auto Parts, Walgreens
Ample Parking: Features a large shared parking lot for ease or access
Gateway to Atlantic City: Strategically positioned as a key entry point to this bustling destination.
Property Size: 2,300 SF
Monthly Lease Rate: $6,000 + NNN (Approximately $7,000 Total)
Business Purchase Price: $2,950,000
26.9 Acres Divisible into 12 Acres and 14.9 Acres – Available Together or Separately Explore the potential of this expansive 26.9-acre property,
Attachments
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Cannabis & Hemp Banking
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