Cannabis & Hemp Insurance


Price : $1,500,000
Listing Type : Retail Sales/ Dispensary
Status : ACTIVE
Price for Rent : 2855
Size : 1269
Lot Size (Acres) : .33
APN : 687311022
Cannabis or Hemp Use? : Cannabis
Medical or Recreational : Recreational
Sale Type : Cash, Owner Financing
Utilities : Water, Electricity, Gas, Sewer, Trash
Company Name : Wilson Meade Commercial Real Estate
Phone : 7608371880

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.

Lease Terms:

• $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

 

Purchase Option:

• Asking Price: $500,000.00 (financing available with 50% down). 

 

Please contact Broker for more information.

Contact Listing Owner
Cannabis & Hemp Banking

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