CannaMLS ID: 22860
Created | Updated
Price
$ 1,250,000
Minneapolis, MN: Seeking investors for a cannabis microbusiness license application.
Property is: For sale, For lease
Property type: Retail, Office
Purchase price: $ 2,500,000
Monthly lease rate: $ 35,000
Building size (sq ft): 10,000
Property is: For sale, For lease
Property type: Retail, Office
Purchase price: $ 2,500,000
Monthly lease rate: $ 35,000
Building size (sq ft): 10,000
I have found an excellent location in downtown Minneapolis for an upscale dispensary and consumption lounge. The building is located in the North Loop District and is a few blocks away from the Timberwolves and Twins venues. A Whole Foods is just two blocks away with the University of Minnesota a few minutes drive. The building is 10K SF spread amongst 3 floors. There is also an option to purchase but an initial lease has been signed.
I would like to start with the retail and consumption lounge endorsements of the microbusiness license. The revenue generated would be used to construct the facility where the cultivation and manufacturing endorsements will be located.
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