Profitable Tulsa Area Operating Cannabis Dispensary - Priced to Sell

CannaMLS ID: 8866
Save Listing

Price: $594,000


Listing Details


Listing Category
Dispensary

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

Medical
YES

Adult Use
NO

Price: $594,000

Listing Status: For Sale

Enter the Oklahoma market with a successful, operating dispensary in suburban Tulsa. Gross revenue was $1.1 million in 2022.  The dispensary is conveniently located on a major thoroughfare and has many loyal customers, which it has acquired since opening in 2019. The 3200 sq. ft. dispensary is leased at $3,200 per month NNN through February 1, 2026.  Ample parking and easy access off a main road. Average daily sales were $3000 per day in 2022, and have increased to $3250 in 2023.  In addition, the purchase includes two paper dispensary licenses, which can be relocated anywhere in the state and are valued at over $15,000.  The 3200 sq. ft. dispensary is leased at $3200 per month NNN through February 1, 2026.  Seller is extremely well located, in the heart of a shopping district, surrounded by major, national retailers. Seller is first on Weedmaps for its area and successfully uses customer texting and loyalty programs.  The suburban area surrounding the dispensary is growing, with population up close to 40% since 2020.  The suburb has a 65% rate of home ownership, highly rated schools, an average age of 33.5 and a low unemployment rate.   There are many recreational, shopping and entertainment destinations in the area.  Many families and young professionals call the area home and present strong retail demographics. Note, Oklahoma has a two year residency requirement for all cannabis license holders. NDA and POF required. Seller is represented by Karen Muller, Oklahoma Broker#203113.


Listing Details

Listing Status
For Sale

Location
Oklahoma 11111

Date Listed For Sale:
3/15/2023

Date Last Updated:
3/16/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
3200 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Pricing Details

Listing Price
$594,000

Seller Financing Available?
YES

Property Lease Rate
$3,200/month

Lease Terms:

The 3200 sq. ft. dispensary is leased at $3,200 per month NNN through February 1, 2026. 


Advertising


 

 

 

Hit the "Contact Listing" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannaMLS.com

 

FOLLOW CANNAMLS ON SOCIAL MEDIA FOR EXCLUSIVES, NEWS, NEW LISTINGS, UPDATES AND MORE!


 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company‚Äôs website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CMLS Technologies LLC, and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.