Cannabis Retail Business for sale in Estancia, NM 87016

Selling due to medical illness.

Dispensary-Lease Hold (Moriarity, NM)

 *1,500 sf Operational Dispensary, with all FF&E, ATM, one of two dispensary licenses in Moriarity, NM that will be transferred.

Cultivation/Grow/Real Estate (Estancia, NM)

*58 acres of land, high fenced with 4 acres individually high fenced for outdoor cultivation & 2 hoop houses, electronic gates, security system, commercial septic system, electric security gate at entrance, well with 58 acre feet of water (10 acre feet commercial/48 acre feet agricultural)

*Two buildings (1,000sf/1,500sf) with HVAC, spray foam insulation, 7'x10' walk in safe, reverse osmosis water system in both buildings, restrooms, 240amp/3 phase electric, grow lights, air exchange system and much more.

Dispensary Lease:

*Assignable

*Term 3/1/2022-2/28/2027 with 2-five year options to renew 

*Current rent is $2,975/month in year three. Year 4=$2,975/month.  Year 5=$3,052.25/month.  Option rent is negotiable 90 days prior to end of year.

*2023 Gross Sales $800,000 plus