CannaMLS ID: 2205

Cannabis Retail Facility for sale in Costa Mesa, CA 92627

Brand-New, Turnkey Dispensary In Costa Mesa, CA

Created 10/21/24 | Updated 10/21/24

Price

$ 1,800,000

Seize the opportunity to acquire a brand-new, licensed dispensary in Costa Mesa, CA. This business is located in one of the best locations in Costa Mesa, offeri

Property
Licenses
General

Property

Property is: For lease

The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 20,300
Building size (sq ft): 3,500

General

Medical: yes
Adult use: yes
Operational: yes
Generating revenue: yes
Built-out/turnkey: yes
Equipment included: yes
Room for expansion: yes
Green-zone confirmed: yes

Seize the opportunity to acquire a brand-new, licensed dispensary in Costa Mesa, CA. This business is located in one of the best locations in Costa Mesa, offering 55 freeway frontage and ample parking, making it ideal for attracting a high volume of daily customers. With an affluent demographic in Costa Mesa and Newport Beach, this area presents an exceptional opportunity for retail businesses.

All tenant improvements are complete, and all necessary state and city licenses have been approved. The dispensary is set to open its doors in October 2024. With recent restrictions on new retail licenses, entering the Costa Mesa market can only be achieved through the purchase of an existing license. Don’t miss this rare chance to hit the ground running with an operational dispensary in Orange County, CA.

Key Features:

Prime Location

High Traffic Counts:

55 Freeway: 142,000 vehicles

Newport Blvd: 28,000 vehicles

Fairview Rd: 32,000 vehicles

55 Freeway Frontage and Signage

Property Details

Size: 3,500 SF

Single Tenant Building

Parking: 17 Spaces

Lease Information

Monthly Lease Rate: Approximately $20,300

Initial Term: 10 years

Lease Execution Date: May 2021

Options to Extend: 1 – 5 years

Business Asking Price: $1,800,000