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Pre-Operational Retail Storefront, San Francisco, CA

San Francisco, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 810641

Listed On June 19, 2024 View Count 32

Listing Updated June 21, 2024

Price :
$750,000
Business Overview :
License Details :
License Status:
Active – Current
Business Location Details :
Business Location:
Available for Purchase
Rent:
$7
Facility & Tenant Improvements:
TIs to be completed by buyer
Size:
3,385 Sq. Ft.
Terms :
NDA Required:
Yes
Company Overview :
Description :

Pre-Operational Retail Storefront | San Francisco, CA

NDA Required | Property Leased or Sold Separately

LICENSE INFORMATION:

**READY FOR BUILD-OUT** This location was chosen based on its strong demographics and visibility. Sitting on the border between the Excelsior and Cayuga Terrace neighborhoods, this +/- 3,500 SF property is surrounded by high average household incomes, large public parks (Balboa Park, McClaren Park, and San Bruno Mountain), and a large population. Being in the southern, central part of San Francisco, this dispensary won’t suffer from undue concentration issues – there are only 3 operational dispensaries near the location, with the nearest being over 2,500 feet away. Real estate leased or purchased separately (see below)

Retail Storefront Highlights:

  • Social Equity Permit at 40%
  • Easy access to Interstate 280
  • 10 min walk to Balboa Park BART Station
  • Visibility:
    • Cars Per Day ≈ 20,000
    • WalkScore.com Ratings:
      • Walker’s Paradise: 95
      • Excellent Transit: 84
      • Very Bikeable: 74
  • 2 Mile Demographics:
    • Pop ≈ 185,000
    • Avg Household Income: ≈ $160,000/yr
    • Annual Consumer Spending ≈ $2,550,000,000

PROPERTY INFORMATION:

Buyer can lease the downstairs, 1,450 SF retail space, or purchase this 3,385 SF, two-story, mixed-use property. The property is located at a lighted intersection and has two existing residential tenants on M2M leases. Great for an owner/user or investor. Strong demographics. Excellent visibility. Strong resale value for future exit.

  • Sale: Asking $1,500,000 ($436/SF)
  • Lease: $7.00/SF NNN | $10,150/mo NNN
  • 3,385 SF Two-Story Mixed-Use Property
  • 2 Residential Units Leased M2M
    • $2,200/mo combined rental rate
Turnkey Cannabis Cultivation & Retail – Modern, Remodeled, and Fully Licensed

748 East Industrial Boulevard, Pueblo West, CO, USA

Retail For Sale

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