Cannabis Retail Facility for sale in South Richmond Hill, NY 11419

New York Cannabis Provisional Licensed Dispensary Business For Sale (South Richmond Hill, New York) #1654

This is a rare opportunity to acquire a Provisional Retail Licensed Business in the heart of South Richmond Hill, Queens, at the busiest intersection of this dynamic and diverse neighborhood. With heavy retail foot traffic, a bus stop right in front, and the last A Train Subway station just one block away, this location is ideal for attracting a wide customer base. Public transportation is abundant, and the location is also conveniently close to JFK Airport. The dispensary’s build-out is currently underway with an anticipated opening by Spring 2025, or sooner, depending on the buyer’s preferences for finishing touches.

The sale includes 100% ownership of the business and the license, which comes with a social equity component. The property features a 1,900 sq. ft. ground floor and 800 sq. ft. basement, with a lease priced at $11,000/month NNN for the next five years, plus 3% annual escalations. The lease also offers two five-year renewal options. This is an excellent opportunity to enter the thriving cannabis market in a prime, high-traffic location.

Details:

Space: 1,900 Sq Ft (Ground Floor)

Space: 800 Sq Ft (Basement)

Lease: $11,000/Month +NNN for 5-YRS w/ 3% Escalations & 2 5-YR Options to Renew

Build Out is in Progress, Plans to Open by Spring of 2025

Social Equity License

Provisional License

License:

Dispensary Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.

Asking Price: $2M (Seller Open To Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Gordon Sattro, DRE CA LIC #02136011

If you have any questions call Gordon at 858-220-2185

Email: gordon@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program