Cannabis Retail Storefront and Delivery Business for Sale in Corona, California

Take this rare opportunity to purchase a fully operational retail storefront license in the City of Corona! The business has been operating for about 12 months, and is one of only 8 retail storefront businesses currently open in the City. The City of Corona is the gateway to Riverside County from both Orange County and San Bernardino County. The 91 Freeway alone captures nearly all of the commuter traffic that commutes from OC to the Inland Empire. Combined with the demand from its own constituents, Corona is a great city for a dispensary. This operator’s sales are trending upwards, and on pace to hit $3 million in PRE-TAX gross revenue for 2024. This business is priced to sell, contact me for more details!

Commuter Traffic: 300K vehicles per day cross the Riverside – Orange County line

Population: 160K approximately

Median Income: $89K approximately

Building Size: 10,000 SF approximately

Good Parking: 20 stalls

Room to Expand: Building also qualifies for non-retail licenses

Lease Terms: Buyer to sign a new lease

Monthly Rate: $2.50 per SF ($25,000) + NNN

3% bumps annually

Term: 5 years w/ 2 options to extend

Business Sale Price: $1,495,000 

NDA will need to be executed for additional information.

Building Size: 10,000 SF approximately

Good Parking: 20 stalls

Room to Expand: Building also qualifies for non-retail licenses

Lease Terms: Buyer to sign a new lease

Monthly Rate: $2.50 per SF ($25,000) + NNN

3% bumps annually

Term: 5 years w/ 2 options to extend