Posted on September 22, 2022 / 184Listing ID: 460769APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,750,000
Size : 2160
Lot Size (Acres) : 0.88
Cannabis or Hemp Use Allowed? : Cannabis
Current Cannabis Business License? : Active
License Type : Recreational, Medical, Medical & Recreational
Sale Type : Cash, Financing

Graystone Capital Advisors is pleased to exclusively present the rare opportunity to purchase 1133 Harley Knox, located in Perris, CA. This unique asset offers a turn-key cannabis retail store situated in a 2,160 SF building on a 0.88 AC lot. An expert team of cannabis and development professionals designed and developed the property in 2019. The property has an active state license, local license, and CUP (contact agent for additional details on license statuses and transferability). The new owner would also benefit from limited new competition entering the market, with Perris having a cap of 11 licenses, with 10 currently active and 1 in progress. 

This dispensary is ideally located immediately off the 215 Freeway and adjacent to the March Air Force Base. This is a perfect deal for an opportunistic investor or operator looking to acquire a turn-key retail cannabis business with ample room to add value. The site is currently only licensed as a retail storefront, but a new owner may also add delivery and/or on-site consumption licenses post-acquisition. Additionally, approximately 0.35 AC of land remains undeveloped on the 0.88 AC lot. The new owner could utilize this space for extra parking, event space, and additional buildings/shop/storage space.

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