Two Rural, Profitable Oregon Dispensaries; One in Capped Out Location

CannaMLS ID: 10344
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Price: $899,000


Listing Details


Listing Category
Dispensary

License Status
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Price: $899,000

Listing Status: For Sale

These two Recreational and Medical Grade Dispensaries offer unique customer experiences in the Oregon Retail Cannabis market. The dispensaries both offer a full line of cannabis products and function as Apothecaries, offering numerous herbal, organic products designed to alleviate customer ailments. Special focus on individual customers needs and concerns has resulted in strong customer loyalty. One dispensary is 1,980 sq. ft. with a lease at $3,157 per month NNN expiring January 31, 2028, increasing to $3,891 in the last year, and with one 5 year renewal. 4 employees with ample on site and street parking. The second dispensary is 1,440 sq. ft. with a lease at $1,454 per month gross expiring 4/30/26 and one 5 year renewal. 4 employees and ample on site parking. Although competitors have entered the market, with a more discount oriented approach to customer acquisition, customers are returning to Seller for the unique experience offered by Seller. One dispensary is in a capped out location which results in limited competition. There is significant room for growth because the dispensaries have attracted customers primarily due to their long history in the market and word of mouth about the high quality and special customer experience. Adoption of SEO and other marketing techniques could result inl higher customer count. The area attracts strong tourism and this market segment can also be targeted. Karen Muller, Oregon Principal Broker License #201243632, is the Broker for Seller. NDA and POF required.


Listing Details

Listing Status
For Sale

Location
Oregon 11111

Date Listed For Sale:
9/8/2023

Date Last Updated:
9/8/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Built out / Turnkey
YES

Equipment Included
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$899,000

Seller Financing Available?
YES

Lease Terms:

One dispensary is 1,980 sq. ft. with a lease at $3,157 per month NNN expiring January 31, 2028, increasing to $3,891 in the last year, and with one 5 year renewal. The second dispensary is 1,440 sq. ft. with a lease at $1,454 per month gross expiring 4/30/26 and one 5 year renewal.


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