Operational since 2017 with good standing City and State permits with no owed back taxes or expenses. The dispensary is located in a stand-alone, single story retail building (+/- 1,269 SF) fronting Cathedral Canyon Drive, one block from Highway 111. Layout consists of a waiting/reception area, retail floor, employee break room, managers office, product storage room with two safes. Included in the sale is all FF&E, including but not limited to safes, security systems, display cases, POS equipment, phones, computers and servers, televisions, furnishings, artwork and +/- $100,000 in inventory.
Sale also includes a properly licensed and permitted 2015 Toyota Prius with all state required modifications including GPS, built-in trunk safe and refrigerator for deliveries
Real Estate Options:
Property was completely renovated prior to opening with new roof, new HVAC, all new tenant improvements, parking lot and signage. Building is +/- 1,269 square feet, sitting on 0.33 acres of fee-simple land.
• $2.25 psf, NNN
• Term: 10 years
• Options: Two (2), Ten (10) year options to extend.
• Deposit equal to two months rent
• Annual Escalation: Three (3%) Percent
• Asking Price: $500,000.00 (financing available with 50% down).
Please contact Broker for more information.