CannaMLS ID: 7183
Cannabis Dispensary Storefront for sale in Queens, NY 11111
Licensed NYC Dispensary, Busy Street, Densely Populated Area of Queens
Created | Updated
Price
$ 2,000,000
Seller financing available
This Licensed Dispensary is located on a busy street in a densely populated area of Queens. A major thoroughfare and a heavily used subway stop are a block away
- 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: $ 12,500
Building size (sq ft): 1,400
- 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: $ 12,500
Building size (sq ft): 1,400
Description
This Licensed Dispensary is located on a busy street in a densely populated area of Queens. A major thoroughfare and a heavily used subway stop are a block away. The build-out is almost complete with opening plans for November 2024. The price is for 100% of the business and the license, including a social equity component. 700 sq. ft. ground level and 700 sq. ft. lower level are leased at $12,500 NNN monthly. 10 year lease with 3% annual escalations. Seller can assist in a transition of the business to Buyer. Seller is amenable to financing a portion of the purchase with a credit worthy note. Seller also has a similar opportunity in a prime Union Square location in Manhattan, which can also be acquired, if desired by Buyer. Karen Muller, New York Broker #10351215829, is the broker for Seller. NDA and POF required
700 sq. ft. ground level and 700 sq. ft. lower level are leased at $12,500 NNN monthly. 10 year lease with 3% annual escalations.
