CannaMLS ID: 4287
Created | Updated
Price
$ 750,000
Pre-Operational Retail Storefront | San Francisco, CA | NDA Required | Property Leased or Sold Separately LICENSE INFORMATION: **READY FOR BUILD-OUT** Thi
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 1,500,000
Monthly lease rate: $ 7
Building size (sq ft): 3,385
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
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 1,500,000
Monthly lease rate: $ 7
Building size (sq ft): 3,385