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Very unique and scarce opportunity to acquire a Cannabis Class 5 Dispensary business in the highly sought after state of New Jersey. This business stands on a 5,233 square foot lot that is fully approved at the local and state level and has received the currently scarce Annual License. The owner has gone through local and state jurisdictions and has the Annual license in hand representing a great value! The business is located in a prime location next to a busy and very highly sought after location that sees an approximate of 60K cars per day.
Not only is the property approved for retail storefront sales, it is also zoned for Manufacturing where the future dispensary currently has 700 Sq Ft allocated to do future Manufacturing adding a greater value.
New Jersey opportunities are currently very high in demand. There are multiple licenses throughout the state of New Jersey in search of a home in a state where cannabis properties are VERY scarce as well as Annual Licenses therefore losing complete value. This is a great opportunity for someone who is looking to expand their footprint in the New Jersey Market with a rare opportunity, a multi-state operator looking to target a clean canvas, etc.
Details:
Lot Area: 5,233 Sq.Ft.
Lease: $30K Per Month Including NNN and Utilities
Seller Also Open To Selling the Underlying Real Estate
Plenty Of Parking (Rare)
Class 5 Dispensary License
ANNUAL LICENSE
Local Township Approvals and the DOT approvals
Located on Extremely Busy Highway
60K Cars Per Day
Ready to be built
Location also Zoned for Manufacturing
Potential Full Vertical Integration
1-2 Months Until Completely Built-Out (Nearing the End of Construction)
Licenses:
Dispensary Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.
Asking Price: $6,400,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE CA LIC #02138336
Yesenia Jimenez, DRE LIC CA# 02073168
If you have any questions call Elliot at 619-770-2699 or Yesenia (858) 633-3013
Email: asm@glbgroupinc.com or elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program
