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Fully Operational Dispensary in Lansing, MI for Sale

Lansing, MI, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 831553

Listed On August 22, 2024 View Count 29

Listing Updated August 22, 2024

Price :
$899,000
Business Overview :
Growth and Expansion Opportunities:
Operate in this location, or cancel the lease and move to a new property.
License Details :
License Status:
Active – Current
Business Location Details :
Business Location:
Leased
Rent:
$8,055
Facility & Tenant Improvements:
Fully built-out facility
Size:
2,400 Sq. Ft.
Terms :
Financing:
Cash, Financing , Owner Financing
NDA Required:
Yes
Company Overview :
Description :

We are excited to present an exclusive opportunity to acquire a fully operational dispensary in Lansing, MI. This listing offers the flexibility to either continue operating the facility at its current location or to relocate the business to a new site. Lansing’s straightforward process for moving locations and transferring business licenses makes this a particularly advantageous opportunity. The existing lease at the current location can be canceled without penalty, providing further operational flexibility.

Lansing, MI is an ideal location for a retail cannabis business due to its favorable regulatory environment and growing market. The city has established clear and efficient procedures for cannabis business operations and relocations, making it easier to adapt to market demands. Additionally, Lansing’s central location within Michigan provides access to a broad customer base and benefits from its status as the state capital, which can drive increased foot traffic and brand visibility.

Investment Highlights

  • Operational Flexibility: Continue operating at the current location or relocate the business.
  • Prime Location Benefits:
    • Regulatory Advantage: Simplified process for license transfer and relocation.
    • Market Access: Central location with a strong customer base and high visibility.
    • Limited License Jurisdiction – No further retail licenses will be issued
  • Drive Through Window
    • Temperature Controlled

Current Location Info

  • Gas station and convenience store property
  • Approximately 2,400 SF
  • Monthly Lease Rate: Approximately $8,055 + NNN
  • Existing lease can be canceled without penalty
  • Significant upgrades completed by the seller
  • 20,000 Cars Per Day
  • Easy Freeway Access

Listing Highlights

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