CannaMLS ID: 20504
Created | Updated
Price
$ 2,950,000
Medical cannabis dispensary business & license for sale/lease in Russellville, KY. Exclusive market advantage in Logan County. High visibility retail property.
Address: 206 Thurston Drive
Property is: For lease, For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 2,950,000
Monthly lease rate: $ 6,500
Building size (sq ft): 4,500
Parking spots: 25
Retail Property for Lease in Russellville, KY – Kentucky Medical Cannabis Dispensary
206 Thurston Dr., Russellville, KY 42276
OVERVIEW
*Price includes state license and property zoned to allow cannabis use by right + long term lease of $6,500/Month NNN Positioned at 206 N Thurston Dr in Russellville, Kentucky, this property presents a rare opportunity for a cannabis dispensary, combining high visibility, strong traffic flow, and proximity to major national retailers. Located just off US 431, the site benefits from traffic counts exceeding10,000 vehicles per day and offers ample on-site parking for easy customer access. It sits in close proximity to high-traffic anchors including Walmart Supercenter, McDonald’s, Dairy Queen, Domino’s, Walgreens, and Dollar Tree, all of which drive consistent daily consumer activity and support strong retail synergy. What makes this opportunity truly unique is its exclusivity. With only 48dispensary licenses available statewide, and just 4 designated for the South-Central Kentucky region, this property is positioned for significant market capture. Even more compelling, Logan County currently has no licensed dispensaries, giving this location a powerful first-mover advantage and unmatched competitive edge.
HIGHLIGHTS
• Prime Retail Adjacency: Surrounded by national brands including Walmart, McDonald’s, Dairy Queen, Domino’s, Walgreens, and Dollar Tree—ensuring strong consumer traffic and brand synergy.
• Exclusive Market Advantage: One of only 4 dispensary licenses in South-Central Kentucky and the only potential dispensary in Logan County, offering zero local competition.
• Strong Local Demand: Serves a population of approximately 15,000residents within a five-mile radius, providing a stable and engaged customer base.
SALE PRICE: $2,950,000.00*
BUILDING SIZE: 4,500 sq. ft.
PARKING: 225+ Parking Spaces
DAILY TRAFFIC: 10,000 +
Contact Canna Zoned MLS at 248-420-0420 or sales@cannazonedmls.com for more info.
You can also visit our website at www.cannazonedmls.com
Grow – Process – Transport – Safety Compliance – Provisioning Center
Address: 206 Thurston Drive
Property is: For lease, For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 2,950,000
Monthly lease rate: $ 6,500
Building size (sq ft): 4,500
Parking spots: 25
Looking for cannabis friendly financing, real estate loans, or growth capital for your business? Click here to get started!