CannaMLS ID: 11311
Created | Updated
Price
$ 10,000,000
This turn-key, highly profitable business is located in a prime area of Tulsa, OK with ample parking. This investment is a vertically integrated, thriving busin
Address: 4111 S 70th E Ave
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Purchase price: $ 1,400,000
Monthly lease rate: $ 7,500
Lot size (acres): 1
Building size (sq ft): 12,600
This turn-key, highly profitable business is located in a prime area of Tulsa, OK with ample parking. This investment is a vertically integrated, thriving business with 3 active licenses. This 12,500 SF location dedicates most of 10,000 SF to cultivation, a small portion to manufacturing and 2500 SF to retail. Lease rate is $7,500/month ($0.60/SF) and the real estate is available for sale. This business was established (2019) early in the Oklahoma Medical Marijuana land race and boasts legacy licenses as well as a strong cult following. Not only do daily smokers know this brand, but competitors are willing to pay premium prices to carry this brand’s products.
Excellent financial(s) for several years running
Valued at ~5X Free Cash Flow
Prime Location in Central Tulsa, OK; less than 1 mile from two major highways
Strong Brand Recognition with a cult following
Processing license has barely been utilized (strong upside)
Sale includes furniture, fixtures, and equipment
Landlord willing to sell real estate (inquire for price) Employees/Inventory included.
Lease to be renewed in 2024, building for sale $1,400,000
Address: 4111 S 70th E Ave
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Purchase price: $ 1,400,000
Monthly lease rate: $ 7,500
Lot size (acres): 1
Building size (sq ft): 12,600