CannaMLS ID: 19733

Class 5 Cannabis Retailer Dispensary & Delivery Facility for Lease in Downtown Newark, New Jersey

Great Investment opportunity. Prime Downtown Location Class 5 Cannabis Retail with full local approvals

Newark, NJ 07102

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Class 5 Cannabis Retailer & Delivery facility for lease in prime downtown Newark, NJ. 7,500+ sq ft with fully approved plans & high visibility.

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Property

  • Address: Downtown Newark, New Jersey

  • Property is: For lease

  • Property type: Retail

Prime Cannabis Business Opportunity – Downtown Newark, NJ

An amazing cannabis business opportunity awaits in downtown Newark, New Jersey! This 7,500+ square-foot retail facility is strategically positioned on a main road with heavy foot and vehicle traffic, making it an ideal high-visibilitylocation for a thriving cannabis dispensary.

The property is near major landmarks, including Prudential Tower/Prudential Headquarters, Rutgers University, and the Prudential Center Arena, ensuring a steady flow of potential customers. Additionally, the area is undergoing major development, including high-rise residential projects, further increasing demand.

All construction and building plans are fully approved, allowing for a seamless transition to a new owner. The approved plans primarily utilize the main level, with the option for future expansion to the spacious second floor. Many essential facilities are already in place, minimizing construction costs and expediting the launch process.

Newark is one of New Jersey’s largest and fastest-growing cities, with limited cannabis retail locations available. Don’t miss out on this high-potential investment opportunity!

Property Highlights:

✅ Space: 2,500 SqFt (Main Level) + 2,500 SqFt (Second Level) + 2,500 SqFt (Basement)

✅ Fully Approved Construction & Building Plans

✅ Prime Main Road Location with Maximum Visibility

✅ Heavy Foot & Vehicle Traffic

✅ Close to Prudential Office Building, Rutgers University, and Arena

✅ 7-Year Lease Agreement with Extension Option

✅ Excellent Public Transportation Access (Train & Bus Nearby)

✅ High-Demand Market with Ongoing Development

License Details:

🔹 Class 5 Cannabis Retailer – Allows for the purchase of recreational cannabis from licensed cultivators, manufacturers, or wholesalers and direct sales to consumers. Also pre-approved for delivery.

📌 Serious inquiries only. An NDA/Waiver and Proof of Financials are required before any additional details or location specifics are disclosed.

Contact us today to learn more about this lucrative investment opportunity!

(646) 920 2094

Contact Seller

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